Wednesday, February 18, 2004 3:00 pm
103B Seretean Wellness Center
Members Present: Blackburn, Cooper, Fox, Harrison, Hunt, Lehenbauer, Morris, Raff, Shull, and Stromberg
Members Absent: Hare, Poole, Reed
Ex Officio, Ad Hoc Members and Guest: DeYong, Matoy, Oehrtman, Payne, and Purdie
Terry Lehenbauer called the meeting to order.
1. The agenda was approved.3. Update from HRHB2226 made it out of committee but part of it was taken out. The bill was forwarded to the Senate. Anne is developing a list of concerns to be addressed when it is time to start adding back in the part of the bill that was stricken. Please send questions or concerns about the bill to Anne or John Dalton. The actuarial study on the cost of changing the OTRS formula hasn’t been completed.
Raff distributed a copy of HB2226 before the latest changes. He also distributed a memo from Carol Moder, Faculty Council Chair, to Dr. Schmidly regarding the bill. Dr. Moder’s concerns are being added to list being developed.
There will be a meeting tomorrow with Robert White, OSU’s Legislative Policy Analyst, to give us an update on current OTRS legislative efforts. (This meeting conflicts with the Long Term Care presentations so some committee members will be unable to attend.)
Long Term Care Insurance RFP - Forty-nine RFP packets were mailed. Eighteen information packets were requested from Purchasing. Three proposals were submitted. The two finalists (John Hancock and Prudential) will make presentations to the committee tomorrow (2/19).
Administration has forwarded the TIAA-CREF Recommendation (removing the separation requirement) to Legal Counsel to be reviewed.
Maternity/Paternity Policy change has been proposed. The recommendation is to add a provision that a father can use 5 days sick leave for the birth or adoption of a child and that a mother can use 5 days sick leave for the adoption of a child. Hunt moved to accept the modification proposal. Motion carried. Lehenbauer will respond to Dr. Bosserman that FCBC supports the policy change.
New TIAA-CREF investment packets have been distributed to all eligible employees.
4. Retirement Task Force - DeYong distributed the final report of the Retirement Task Force. An electronic copy will be sent to Anne to be put on the Website. A motion was made by Fox to accept the final report, the motion was seconded by Morris. Motion carried. Copies will be sent to administration, Robert White and the regents.
5. Cafeteria Plan Task Force - Task Force will meet next week.
6. Retirement Investment Options Subcommittee - Shull reported the next topic his subcommittee will explore will be an option of at least one vendor for retirement other than TIAA/CREF. Segal will manage the process of developing an RFP and the selection process.
7. Old Business - Wellness Center goal is to be the healthiest campus. The committee agrees with and will continue to look for ways to emphasize and support this goal.
Faculty Council survey hasn’t been sent out. A different survey can be developed for staff because the current one isn’t very applicable. Faculty council will work with SAC to develop a survey for staff. The data from the Faculty Council survey will be shared with the Cafeteria Plan Task Force when it is compiled.
8. New Business - FCBC Chair position - Sandy Cooper will be resigning the committee because she will be attending law school next fall. Fox nominated Hunt to be the Vice-Chair. Raff seconded the nomination and it was passed. Jon Hunt will become the FCBC Chair in June.
Faculty Council R&FB Committee would like us to support a recommendation to allow 10 and 12 month appointed faculty to accrue 2 years of annual leave (as staff does). Matoy brought up that no one document pertains to all faculty. Oehrtman said this has been looked at several times and it is more of a compliance issue. Lehenbauer said it needs to be researched to investigate the effect.
Meeting adjourned.
Next meeting date – March 24, 2004 @ 3:00 p.m. in 103B Seretean Wellness Center.