Mark your calendars! The PAVIR Benefit Open Enrollment period is November 9th – November 23rd, 2015 for calendar year 2016. Additional information will be available soon!
Meet Tony Wyss-Coray, Ph.D.: NIH Director’s Pioneer Award Winner
Tony Wyss-Coray is one of 13 distinguished recipients of the 2015 NIH Director’s Pioneer Award for individuals of exceptional creativity proposing highly innovative research. Please join us in congratulating Dr. Wyss-Coray on this prestigious award. Information on the Pioneer Award Program is at nihroadmap.nih.gov/pioneer.
Dr. Wyss-Coray is a Senior Research Career Scientist at the VA Palo Alto and professor of Neurology and Neurological Sciences at Stanford University. He received a Ph.D. in immunology from the University of Bern, Switzerland, and postdoctoral training with Lennart Mucke at Scripps, San Diego and the Gladstone Institutes in San Francisco. His lab investigates the role of immune responses in brain aging and neurodegeneration with a focus on cognitive decline and Alzheimer’s disease. He combines molecular and cellular studies in animal models with plasma proteomics in mice and humans, showing most recently that systemic circulatory factors can modulate neurogenesis, neuroinflammation, and cognitive function in mice and that blood-derived factors from young mice or humans can rejuvenate the aging mouse brain. Learn more about his project: “What Controls Organismal Aging?”
PAVIR follows the Federal Holiday schedule so please mark your calendars with the remaining holidays in 2015 and be sure to work with your supervisor to schedule any additional time off:
Wednesday, 11/11/15 – Veterans Day
Thursday, 11/26/15 – Thanksgiving Day
Friday, 12/25/15 – Christmas Day
In addition, the PAVIR core administrative office will be closed on Friday, November 27.
23 Pay Periods in 2015
Please remember, PAVIR employees employed 12/16/14 -12/31/14 received their paycheck early on December 31st, 2014, rather than January 7th, 2015 due to the payroll transition from TriNet to ADP. Therefore, your 2015 W-2 will only include 23 pay periods instead of the standard 24 pay periods.
Educational Meeting: Learn About Your 401(k)
We have scheduled a group 401(k) educational meeting which will review plan basics, tax advantages of participating in a 401(k) plan, available investment options, and investment strategies. All employees are welcome to attend! Space is limited so please RSVP.
For additional guidance and information regarding your retirement, we are also offering free 30 minute individual retirement planning sessions with a 401(k) advisor. Limited 1-1 sessions are available, so please RSVP to reserve a time slot.
Thanks again to all those who participated in our PAVIR Benefits Survey. In response to your requests, PAVIR will add a Roth investment option to the PAVIR 401 (k) retirement plan effective January 1st, 2016. In addition, PAVIR is updating the 401(k) Retirement Plan effective January 1st, 2016 to:
Limit maximum per pay period deferrals to 75% of gross wages;
Allow for automatic new hire enrollment.
Please remember, PAVIR matches up to 6% of eligible employees’ deferral election. Take full advantage of this benefit by deferring at least 6% of your pre-tax earnings to your 401(k) account each pay period. View your 401(k) account information via The Standard (online account required).
ACA 2015 Tax Form
In 2016 PAVIR must report information to the IRS regarding full-time employees affordable health care coverage under the Affordable Care Act (ACA). Therefore, full-time employees will receive a Form 1095-C, which is not filed with your 2015 taxes, but may be required to complete your income tax. The Form 1095-C should be retained for reference. For more information contact PAVIR HR, visit ADP’s website or review ACA compliance requirements at HHS.gov or IRS.gov.
