In Which HR Does It Again
Apr. 23rd, 2008 11:01 amThere I was filing, and considering moneys and budgets and whatnot; and Steve was cussing at Merrill's HR department, because he realized he'd never rolled over his 401k when he changed jobs. Whereat I:
. o O ( That's odd. I haven't gotten any statements from TIAA-CREF, and I've been working here nigh six months. I should look into that. )
Today, I look at my pay stub. Gosh! No deductions of that ilk.
. o O ( Well this is going to skew my budget numbers. I thought it looked too good to be true. )
Phoned up the useless benefits dorks. Well, they acknowledge that they got my forms in October; good. I'm in the system; good. "Oh, well, your account isn't open for a year you know; CUNY hangs onto it until you have been working here a full year."
WHAT
. o O ( Funny, this fact was curiously UTTERLY ABSENT from my benefits orientation. ) ( No point telling this sap, he wasn't the one giving it. )
"However," I mildly point out, "there's nothing being deducted for this at all."
"Oh..." quotha. "I'll look into it and get back to you."
So, two problems. First is why they are not deducting my retirement foo; second is this bullshit about it being held for a year. I strongly suspect this is Yet Another case where they are trying to apply the typical Classified Services benefits to my line (Computer Systems Manager), which actually has the benefits of the Full Time Non-Teaching Instructional Staff lines. Oh civil service, you so wacky. On to the CUNY central HR site, where they have actual data posted.
Edit: Ah hah. CUNY's benefits manual, which I should add I never got a copy of, says:
Vesting occurs after the first 366 days of continuous employment as an Instructional Staff member. During the vesting period, employee contributions are held in a deposit fund at TIAA-CREF if you receive your paycheck from the City of New York and in an escrow account at the office of the State Comptroller if you receive your paycheck from the State of New York. A one-time lump sum employer retroactive contribution, plus 2% interest, for the first 366-days will be credited to your account upon completion of the vesting period; thereafter TIAA-CREF will mail you quarterly statements.
So that's all right. Except that they haven't been contributing for me. Blearghgh.
. o O ( That's odd. I haven't gotten any statements from TIAA-CREF, and I've been working here nigh six months. I should look into that. )
Today, I look at my pay stub. Gosh! No deductions of that ilk.
. o O ( Well this is going to skew my budget numbers. I thought it looked too good to be true. )
Phoned up the useless benefits dorks. Well, they acknowledge that they got my forms in October; good. I'm in the system; good. "Oh, well, your account isn't open for a year you know; CUNY hangs onto it until you have been working here a full year."
WHAT
. o O ( Funny, this fact was curiously UTTERLY ABSENT from my benefits orientation. ) ( No point telling this sap, he wasn't the one giving it. )
"However," I mildly point out, "there's nothing being deducted for this at all."
"Oh..." quotha. "I'll look into it and get back to you."
So, two problems. First is why they are not deducting my retirement foo; second is this bullshit about it being held for a year. I strongly suspect this is Yet Another case where they are trying to apply the typical Classified Services benefits to my line (Computer Systems Manager), which actually has the benefits of the Full Time Non-Teaching Instructional Staff lines. Oh civil service, you so wacky. On to the CUNY central HR site, where they have actual data posted.
Edit: Ah hah. CUNY's benefits manual, which I should add I never got a copy of, says:
Vesting occurs after the first 366 days of continuous employment as an Instructional Staff member. During the vesting period, employee contributions are held in a deposit fund at TIAA-CREF if you receive your paycheck from the City of New York and in an escrow account at the office of the State Comptroller if you receive your paycheck from the State of New York. A one-time lump sum employer retroactive contribution, plus 2% interest, for the first 366-days will be credited to your account upon completion of the vesting period; thereafter TIAA-CREF will mail you quarterly statements.
So that's all right. Except that they haven't been contributing for me. Blearghgh.
no subject
Date: 2008-04-23 08:17 pm (UTC)Feh and fie on all of them.
But yeah, as you may recall, I've BTDT with the benefits stuff.