Faculty Handbook_Asia_v5 BB.indd - University of Maryland ...

4. FINANCIAL AND HUMAN RESOURCEINFORMATION4.5 TaxesAt the time of faculty appointment and thereafter upon request, a representative from the Office of HumanResources is available to discuss any taxes or tax exemptions that may be applicable. Many UMUC Asia facultymembers qualify for the foreign earned income exclusion and exclude some or all of their income from U.S.federal taxation. However, each faculty member is responsible for understanding his or her own situation relatingto taxes. To contact a Human Resources representative, faculty members should e-mail ohr-faculty@asia.umuc.edu. If a faculty member is eligible for the exclusion and an exemption from taxes is elected, he or shemust complete a new W-4 each year.4.6 Currency AdjustmentFor collegiate faculty in Asia (depending on where they are living), UMUC Asia may provide a currency adjustmentto partially offset the effect of the devaluation of the U.S. dollar and more equitably compensate collegiatefaculty assigned to higher cost areas. Information on the availability of the currency adjustment and how it iscomputed is available at http://intranet.asia.umuc.edu/hr/.4.7 Health InsuranceUMUC Asia collegiate faculty members are generally eligible for health insurance and other benefits. Thesebenefit plans are described in the current UMUC Asia benefits packet. Faculty members eligible for coverageare urged to study the benefit plans carefully and select the benefits coverage that meets their individual needs.New employees are given an initial window during which they may enroll in the benefits offered, and openenrollment occurs at least annually. Faculty members may request a copy of the current benefits packet from theOffice of Human Resources at ohr-benefits@asia.umuc.edu.4.8 Tuition RemissionTuition remission may be available for collegiate faculty, staff, and their families, within set limitations.The UMUC Overseas Human Resource Policy Manual (http://intranet.asia.umuc.edu/HR/hr/UMUCOverseasHRPolicyManualJuly2010.pdf) governs the administration of this benefit.4.9 Annual LeaveUSM Policy II-2.40 Policy on Annual Leave for Faculty does not apply to UMUC Asia faculty. However,UMUC Asia collegiate faculty may have time off between sessions when they are teaching on-site classes.4.10 Sick LeaveUSM Policy II-2.30 Policy on Accident Leave and Creditable and Noncreditable Sick Leave for FacultyMembers (http://www.usmd.edu/regents/bylaws/SectionII/II230.html) governs the accrual and use of sick leavefor collegiate faculty.Unused accrued sick leave will not be paid upon separation from the university nor will it be restored uponreappointment with UMUC if reappointment occurs three or more years after the effective date of separation.4.11 Transfer of Overseas EmployeesUMUC Policy 100.10 Transfer of Overseas Employees (http://www.umuc.edu/policy/hr/hr10010.shtml) governsthe transfer of UMUC Asia and UMUC Europe staff and faculty to positions with UMUC Stateside.4.12 Financial Support for Professional DevelopmentUMUC is committed to promoting the professional development of all UMUC Asia faculty members, with thegoal of improving the quality of teaching in the online and on-site classroom. To encourage faculty to engageJanuary 2011 www.asia.umuc.edu 34