January 22, 2002
Briefs
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Brick project will pave
Clairmont Campus The plaza will be a focal point of the new campus, and the engraved bricks
will serve as a lasting tribute to either employees themselves or anyone
they wish to honor with a brick. Bricks are $60 each and can be engraved with two lines with up to 14
characters per line. For more information or to receive an order form,
call 404-712-8915.
Alternative Transportation
meeting to discuss bicycle map The final map would show existing roads around Emory that are best suited
to bicycle travel. Members of the Emory community are invited to attend
and help identify and rank roadways, as well as provide other information
that might be suitable for the final product, such as various bicycle
commuting and safety tips. Base maps and color markers will be provided. For more information,contact David Crites at (404-634-8937) or Dennis
Hoffarth at (404-881-1112).
Early decision applications
up A second-round of early-decision applications were due Jan. 1; acceptance
decisions on that group will be mailed on Feb. 1. Round one early-decision applicants have an average SAT of 1318, an average
ACT of 34 and a GPA of 3.82, all of which are up from last year, according
to the admission office. The geographic distribution of early decision
applicants is very similar to those who applied early last year: Southeast,
36 percent (Ga., 18 percent); Middle Atlantic, 35 percent (N.Y., 18),
Midwest, 11 percent; New England, 7 percent; Southwest, 4 percent; West,
6 percent; and international, 1.5 percent.
Retirement plan changes
for 2002 The major change is an increase in the amount employees can contribute
on a before-tax basis to a qualified retirement plan. The limit in 2002
is $11,000. Limits will increase each year until they reach $15,000 for
2006. The changes also include catch-up provisions that enable
employees age 50 and over to make additional contributions. In 2002, the catch-up amount is $1,000. Other Emory Retirement Plan changes effective in 2002 include: All employees will be able to tax defer up to $11,000 or 100 percent
of salary, whichever is less. Previously, the maximum allowance was based
on salary, prior contributions and years of service. The compensation that is eligible for retirement contributions
increases from $170,000 to $200,000. The maximum contribution that can be made to a retirement plan
changes to 100 percent of salary or $40,000, whichever is less. Previously,
it was the lesser of 25 percent of salary or $35,000. Employees will be permitted to roll over money from another 403(b)
plan into the Emory Retirement Plan. The suspension of retirement plan contributions for employees
with hardship withdrawals will be reduced from 12 months to six months. For more information about retirement plans, contact the HR benefits office at 404-727-7613.
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Emory
University, Copyright 2002
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