COMPENSATION CHANGES FOR FISCAL YEARS 2007 AND 2008

The recently approved collective bargaining agreements also covered general wage increases for FY 2007 and FY 2008. Continued . . . .

ARE YOUR DEPENDENTS FOR INSURANCE COVERAGE AND BENEFICIARY DESIGNATIONS IN ORDER?

We want to be sure that you are aware of the processes in place for changing your dependent coverage and beneficiary designations. We hope the following information will be helpful. Continued . . . .

CHANGE IN RULE ON SCHOOL PARTICIPATION LEAVE

In our November 2004 issue, we informed you about use of School Participation Leave. At its meeting on December 15, 2004, the Civil Service Commission amended its rule governing School Participation Leave (Rule 5-10, Paid Holidays and Leave) for NEREs to incorporate use of community leave. Continued . . . .

We are pleased to share with you the following information prepared by the Office of Retirement Services, Department of Management and Budget. Continued . . . .