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.
UBAC facilitated a conversation during the month of February 2014, aimed at giving faculty and staff a voice in the discussion around changes to the benefits cost share formulas at the University of Vermont. As they did with the PRMB discussion, UBAC gathered feedback, identified issues and applied guiding principles as they worked toward creating a report that was delivered to the University President and Provost in mid-March 2014. To learn more, visit the UVM Benefits Cost Share website and/or read the Final Report of the UBAC on Cost Share, presented to the President and Provost on March 17, 2014 (pdf).
The UBAC published guiding principles that were developed as a framework for helping the University administration evaluate proposed options for making cost-sharing changes to the University's medical coverage for active faculty and staff. Find the latest version of these guiding principles on the Benefits Cost Share website.
There is a UBAC Full Council meeting scheduled for Thursday, May 1 from 10 AM to Noon in Old Mill's John Dewey Lounge.
This is the final meeting of the academic year and it will not be focused on the cost share conversation. As with all UBAC meetings, the University community is welcome to attend.
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 email@example.com.