University of Vermont

University Benefits Advisory Council

The University Benefits Advisory Council (UBAC) serves in an advisory capacity to the administration concerning policies and decision-making processes that bear on the full range of employee benefits programs at UVM. The UBAC is responsible to "review and evaluate the University's benefits programs and to make recommendations to the President and Provost with regard to the modification of existing employee benefit plans and the design of any new benefit programs."

Read the full text of the charge given at the creation of the University Benefits Advisory Council in 2007.

Guiding Principles

In the spring of 2010, the UBAC expressed its guiding principles for any discussion related to the GASB45 accounting standards and Post-Retirement Medical Benefits (PRMB) as:

• Protect current retirees from undue financial burden
• Sustain access to a retiree medical benefit for current employees
• Preserve a similar premium-sharing structure as for current employees
• Educate employees and help them plan for their retirement, including medical care
• Support active employee engagement in health, emphasizing prevention and management of chronic health conditions
• Consider and continuously review contracts, plan design and/or vendor changes to ensure that UVM has an efficient, effective, and high-quality program, including pharmaceuticals
• Continue to offer benefits competitive with peer institutions

Upcoming UBAC Meetings

• Thursday, May 2 from 9:30 to 11:30 in Waterman 427A

Recent Meeting Minutes

• March 26, 2013 UBAC Meeting Minutes

Key PRMB Links

Info relevant to the Post-Retirement Medical Benefits discussion:

• UBAC Reports and Presentions
• UBAC Reference Materials
• May 2010 Board Book (cf. pp. 71-73)
• President Fogel's Charge (May '10)
• Compensation Parameters (Jan '07)
• List of UBAC Members
• Healthcare Reform Updates

Post-Retirement Benefits

Each of the following links goes directly to the post-retirement benefits section of the appropriate plan:

• United Academics Full-Time
• Non-Represented Faculty and Officers of Administration
• Non-Represented Staff
• Teamsters
• United Electrical Workers

Contact the UBAC

Comments and Questions related specifically to the current work of the University Benefits Advisory Council can be e-mailed to ubac@uvm.edu.

Last modified April 16 2013 09:16 AM