Me to Grads: Politicians lie and will give you bad advice.
Monday, May 6, 2013
Thursday, May 2, 2013
Today's "The Gift That Keeps On Giving"
The University's AVP for Human Resources is circulating a memo reminding units that come January 2014, a provision of the Affordable Care Act (AKA Obamacare) will require health insurance be provided for anyone working 30 or more hours a week (assuming 40 hours a week is full time.) If the University system does not offer medical coverage to 95% of all of these “full-time” employees, then there will be an annual penalty of $2,000 for every “full-time” employee or approximately $37,000,000. Thus part-time employees will now be limited to 29 or less hours of work a week and this will be rigorously watched.
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