Flexible Compensation Benefits Committee

The Committee has the responsibility of monitoring, reviewing, studying, and providing recommendations to Oklahoma State University administration on all of the following: health care (including health promotion and disease prevention programs), 2) flexible benefits, 3) fringe benefits, and 4) retirement needs of employees and dependents. The Committee shall study alternative ways of meeting employee needs, develop recommendations as to how those needs might best be met, and continuously monitor trends and needs in compensation benefits and other benefits. The Committee shall consider and study the mix between pay and non-pay compensation, and other benefits. The main emphasis of the Committee will be on benefit programs.

The Committee also has the responsibility of coordinating expansion of an existing Internal Revenue Code Section 125 Flexible Benefits Plan into a cafeteria plan. The Committee shall work with benefits consultant(s) through OSU Human Resources to study ways of meeting the needs of employees and develop recommendations as to how those needs might best be met. The Committee shall review and study recommendations from Faculty, Staff Advisory, and Emeriti Councils, and from representatives of Tulsa, Okmulgee, and Oklahoma City campuses, and OSU/A&M Institutions.  The Committee shall then make recommendations to the Vice President for Business and Finance.

Representation on the 13 voting member Flexible Compensation Benefits Committee will be from individuals nominated by each of the Faculty (3 members), Staff (3 members), and Emeriti (3) Chairs, one representative of OSU/A&M Institutions appointed by the Executive Secretary - Board of Regents, and one representative from each of the Tulsa, Okmulgee, and Oklahoma City campuses. Non-voting ex officio members will be Director Human Resources or his/her designate, and Director Wellness Center or his/her designate. Other non-voting ex officio members may be appointed by the Vice President of Business and Finance upon recommendation of the Committee Chair to study specific issues as needed. If a term expires before the task assignment of the voting member is complete, the individual may be re-appointed as a voting member or non-voting ex officio member.

Minutes of the Committee will be posted on the Web.Also, the Committee member nominated by each of the Faculty, Staff Advisory, and Emeriti Council Chairs will be designated as a liaison representative to the respective Council in the third year of a three-year term and be available for reporting to that Council on a regular basis or by special request of the Council. A Chairperson and Secretary each shall be elected from and by the Committee for a one-year term