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."
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:
Info relevant to the Post-Retirement Medical Benefits discussion:
Each of the following links goes directly to the post-retirement benefits section of the appropriate plan:
Comments and Questions related specifically to the current work of the University Benefits Advisory Council can be e-mailed to ubac@uvm.edu.