News from HR

Information about the February PTO sell-back period, TIAA Webinars and representative sessions with Prudential.

PTO Leave Sell Back Program Feb. 1 - 24

UNC Medical Center will offer Paid Time Off (PTO) sell-back election periods quarterly to employees.  To be eligible for the sell-back options, employees must have at least 88 hours of PTO available. Employees are eligible to automatically receive a sell-back based on their election of 25%, 50%, 75% or 100% of all hours over 80 with a minimum of eight hours required for distribution.

An employee electing to sell-back hours during the sell-back period will receive 90 percent of the base rate cash value of requested PTO sell-back hours at the time of distribution. A 10 percent forfeiture of cash value is necessary to make this plan compatible with IRS regulations regarding taxability.  Click here to read more details.


TIAA Webinars

TIAA is introducing webinars through its interactive site called the Virtual Environment. This innovative resource offers users 24/7 access to a wide range of articles, on-demand seminars, and live monthly seminars on a variety of essential financial topics.

On Wednesday, Feb. 21:

On Tuesday, Feb. 27:

  • Special Topic: Help protect you, your family and your money from noon to 1 p.m.

If interested, please enroll for this live webinar at www.tiaa.org/webinars. You will need to setup a login account using your email and a password. Then, you can register for this and any other live webinars TIAA offers and will get email confirmations as well.  These live events will give participants real world financial tips, tactics and techniques to help start, build, and maintain your retirement savings. Space at these webinars is on a first-come, first-served basis.


Prudential 401k/457 Sessions

NC 401(k) & 457 plan representative Christy Kelly will be available for one-on-one appointments to answer your questions and help you plan for retirement on:

  • Tuesday, Feb. 27, from 9 a.m. to 3 p.m. in the Medical School Wing C, Room 102
  • Wednesday, Feb. 28 from 9 a.m. to 3 p.m. at the Hillsborough HBT 10012 Bedtower Room

Please email christy.kelly@prudential.com or call 919-602-8226 to schedule your appointment.

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