According to a report published by the Utah Women and Leadership Project, suicide is the 8^th leading cause of death in Utah and an average of 70 Utahns are treated for self-inflicted injuries per day.  See the full report here.

The University’s Employee Assistance Program is here to help.  Through the end of 2022, the EAP is open to all faculty and staff, regardless of benefits eligibility.  Employees, their spouses, partners, and children can schedule an appointment with a licensed therapist by calling (801) 587-9319 or (800) 926-9619.

The EAP is also offering some upcoming virtual workshops:

Anxiety group
September 19 – October 17, 2022 (5-Week Group, Every Monday)
5:30 p.m. – 7:00 p.m. MT

Parenting:  Helping an anxious or highly sensitive child
September 20, 2022
2:00 p.m. – 3:00 p.m. MT

Register at:  https://blomquisthale.com/Work-Shops.html

UHRM has been working with the Retirement Plans Advisory Committee to review several aspects of the University’s retirement plans for employees.  We are pleased to announce that beginning October 1, 2022, the way fees are charged on accounts will change to a flat amount based on total account balances with each recordkeeper.  Any revenue-sharing fees built into a fund’s expense ratio and previously applied as account fees will be refunded to each participant’s account as a credit. Retirement plan participants will see these new quarterly fees on their January statements.

Effective October 1, 2022, account fees will be the following:

The fee differences between the two recordkeepers is the result of larger university account balances with TIAA, allowing relatively the same dollar amount of recordkeeping fees to be spread over more accounts.

In a recent poll of a random sample of University of Utah employees, financial literacy and debt management support was one of the top ten additional benefits employees had on their wish lists.  Our partners are offering several virtual educational options in the coming months:

TIAA webinars

Opening doors to the future – Save in a 529 college savings plan
Tuesday, September 13, 2022 at 10:00 a.m. MT
Register at:  https://tinyurl.com/yjwu66bj

Strategies for staying on track
Tuesday, September 13, 2022 at 1:00 p.m. MT
Register at:  https://tinyurl.com/4xct77nx

Help protect you, your family, and Your Money from Cyber Crime
Wednesday, September 14, 2022 at 12:00 pm MT
Register at: https://tinyurl.com/47pb9b24

Utah Retirement Systems webinars

Tier 1 pension benefits overview (designed for URS Tier 1 participants only)
Tuesday, September 13, 2022 at 2:00 p.m. MT
Register at: https://tinyurl.com/25zadhj7

Creating and living your purpose-filled retirement
Monday, September 19, 2022 at 2:00 p.m. MT
Register at: https://tinyurl.com/7r3hx92t

HUB

Psychology of investing
Friday, September 16, 2022 at 9:00 a.m. MT
Register at: https://zoom.us/j/91385504331

Medicare
Friday, September 16, 2022 at 10:00 a.m. MT
Register at: https://zoom.us/j/91371192246

New to savings, retirement basics
Friday, September 16, 2022 at 11:00 a.m. MT
Register at: https://zoom.us/j/91304813612