HB1550 HD2 SD1 Imposes State Income Tax on Rollovers Made by State Employees

Currently there is no state income tax on employee rollovers used to purchase credits in the hybrid plan.

This legislation is cast as “plugging a tax loophole” by capturing taxes at the time retirement credits are purchased. It does not impose a state income tax on the retirement distribution upon retirement.

This legislation is in conference committee and part of the ongoing debate regarding the state budget. The effective date of such a measure is likely July 1, 2009. But, as with all budgets issues, there is no certainty about inclusion in a final budget.

If passed, faculty members will be affected if planning a retirement credit purchase using a 403 (b).  Faculty members are encouraged to seek financial advice in determining their best course of action. 

Draft of 2011-2016 Academic Calendar

UHPA has received a draft of the 2011-2016 Academic Calendar for the University of Hawaii.  Please submit any comments you may have below by May 6, 2009.

Legislative Alert SB971 SD2 HD1

SB 971 relating to conformity of the Hawaii Income Tax law to the Internal Revenue Code is not what it appears. The Senate Ways and Means committee proposed that retirement benefits over $50,000 be subject to income tax. The House Finance Committee disagrees. The tax would apply to public employee pensions and is a breach of the State’s commitment to retirees.

Notice of Non-Renewal! Important Information

 

UHPA is concerned about letters or verbal information that faculty members are receiving regarding the non-renewal of their contracts. In some cases there are contractual violations or improper notification. Letters of non-renewal must be specific to the individual faculty member and from an administrator not department chair. It is also unclear whether proper criteria have been used in selecting faculty for non-renewal.

To date UHPA has received information on such letters from UH-Manoa and UH-West Oahu. It appears that the Community Colleges and UH-Hilo have not taken such action.

The Board of Regents has not initiated a reduction in force. Without a final state budget many of the notification actions are premature and adding to significant tension within departments and colleges.

Do not stand on your rights. While temporary non-tenure track faculty are the most at risk for job loss with budget cutbacks, there are circumstances whereby an order of non-renewal of faculty is required. Look to Article XIII, Faculty Appointments not Eligible for Tenure in the UHPA contract.

Call UHPA for assistance in these matters. A grievance to protect your rights may be needed. A grievance must be filed within 20 calendar days of a potential contractual violation.

 

Your Vote is Important!

Annual Membership Meeting – April 25, 2009

 

For more information go to 35th Annual Membership Meeting.

 

“Bargaining Update” Campus Meeting Schedule

Below is the current schedule of meetings (all campuses will be scheduled, watch for updates):

UH-MANOA
Tuesday, February 24  (5:00 – 7:00 p.m.)  JABSOM, 651 Ilalo Street, MEB 315
Thursday, February 26 (12 noon – 1:00 p.m.)  Webster 113
Wednesday, March 4  (12 noon – 1:00 p.m.)  Kuykendall 209
Tuesday, March 10  (3:30 – 4:30 p.m.)  Kuykendall 302

UH-HILO/HAWAII CC
Tuesday, March 17  (11:30 a.m. – 1:00 p.m.)  UCB 127

UH-WEST OAHU
Wednesday, March 18 (12:30 – 1:45 p.m.) D-102

HONOLULU CC
Thursday, March 5  (1:00 – 2:30 p.m.)  Bldg. 2, Room 214

KAPIOLANI CC
Monday, Feb 23  (12:15 – 1:30 p.m.)  Ohia 118

KAUAI CC
Friday, March 13  (12 noon – 1:00 p.m.)  One Stop Center (Rooms 207B and 207C)

LEEWARD CC       (Please note that this was rescheduled to March 18)
Wednesday, March 18  (3:15 p.m.)  GT 105

MAUI CC    (Please note change in time)
Monday, March 9  (3:00-4:00 p.m.) Kalama 107

WINDWARD CC/ETC
Thursday, March 19 (12:30 – 1:30 p.m.) Akoakoa 101