Benefits

2010 Contribution Limits for 403(b) and 457(b) remain the same as 2009:

• $16,500 annual limit if under age 50 as of 12/31/2010
• $22,000 annual limit if 50 or over as of 12/31/2010

The limits apply to both the 403(b) and the 457(b) plans, and you may defer up to the maximum amount in both plans.

Tax Rules Issued for Health Plan Coverage for Non-Tax Dependent Children

IRS rules require employers to report as taxable income ("imputed income") the employer contributions for health plan coverage for dependents who do not qualify under IRS requirements (IRC §152) as tax dependents.

Complete the form UPAY850 to notify the University if you have natural or adopted children who do not qualify as tax dependents under IRS rules enrolled in your UC health plan.

To estimate your 2010 imputed income, click here.

Retirement Planning Class Schedule

This class provides an overview of pension benefits paid by the UC Retirement Plan and is suitable for individuals who are within five years of retirement. Registration for this class is required.

Retirement Savings Program workshops

The UC Davis Benefits Office sponsors these workshops presented by Fidelity Retirement Services.

UC Davis Employee Benefits Office Hours:

Customer Service hours for the Benefits Office are 8:30 a.m. to 4:00 p.m. on Mondays, Wednesdays and Fridays; and 1p.m.  to 4 p.m. on Tuesdays and Thursdays (excluding holidays).

Please note: the Human Resources Administration Building is closed during the noon hour.

phone: (530) 752-1774 | fax: (530) 752-1993