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U.S. Savings Bonds Campaign | Employee Assistance Program | Upcoming Events |
Every year, the University of Texas System sponsors an enrollment campaign that gives employees the opportunity to purchase U.S. Savings Bonds. The campaign period for UTB/TSC this year is April 1 – April 12.
U.S. Savings Bonds are:
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Procedures have been established that provide direct payment to the U.S. Department of Treasury. UTB/TSC Employees can expect to receive their bonds within 10-15 days from the date of purchase. The purchase date is effective on the date of the payroll deduction.
The chart below explains the difference between the EE and I Bonds.
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EE BONDS |
I BONDS |
| FEATURES | Issued at 50% of face value. (A $100 EE
Bond costs $50.)
Offered in 8 denominations ($50, $75, $100, $200, $500, $1000, $5000, and $10,000). $15,000 issue price ($30,000 face value) annual purchase limit per person. |
Issued at face value. (A $100 I Bond costs
$100.)
Offered in 8 denominations ($50, $75, $100, $200, $500, $1000, $5000, and $10,000). $30,000 annual purchase limit per Social Security Number |
| INTEREST | Calculated as 90% of 6-month averages of 5-year
Treasury Securities yields.
Rates announced every May 1st and November 1st. Guaranteed to reach face value in 17 years. Increases in value monthly and compound semiannually. Interest is paid when the bond is redeemed. Earn interest for up to 30 years. |
Calculated as an earning of a fixed rate of
return and a semiannual inflation rate based on CPI-U.
Rates announced every May 1st and November 1st. No guaranteed level of earnings. Generally increases in value monthly and interest compounds semiannually (except in periods of deflation when the bond value could remain unchanged). Interest is paid when the bond is redeemed. |
| EXCHANGE | Can be exchanged for Series HH savings bonds. | Can be exchanged for Series HH savings bonds. |
| CASHING | Can be redeemed after first 6 months. A
3-month interest penalty will apply to bonds redeemed during the
first 5 years.
Financial Institution Reports interest earnings (difference between redemption value and purchase price) in IRS form 1099-INT. Savings bonds are exempt from state and local income taxes. Eligible for tax benefits upon redemption when used for qualified education expenses. |
Can be redeemed after first 6 months. A
3-month interest penalty will apply to bonds redeemed during the
first 5 years.
Financial Institution Reports interest earnings (difference between redemption value and purchase price) in IRS form 1099-INT. Savings bonds are exempt from state and local income taxes. Eligible for tax benefits upon redemption when used for qualified education expenses. |
To obtain more information about U.S. Savings Bonds visit the following website: www.savingsbonds.gov/sav/sav.htm.
If you would like to purchase U.S. Savings Bonds, please call Human Resources at extension 6530 and request an Authorization For Purchase Form and a Request For Change Form. Complete and return your forms to Human Resources by noon on April 12.
- Family Problems
- Marital Relationships
- Illness or death of a loved one
- Conflicts with co-workers and/or supervisor
- Stress
- Interpersonal problems
- Alcohol or drug problems
- Legal issues
- Financial issues
- Resources & Referrals
are also provided
Any problems that trouble you, get out-of-hand, or reduce your ability to concentrate can be brought to UTEAP at no cost to you. For more information or assistance, contact UTEAP at 713-500-3327, 1-800-346-3549 or www.uteap.org. Day and evening appointments are available. Offices are located throughout the state of Texas and nationwide for your convenience. Counselors are available 24 hours a day, 7 days a week for emergencies.
| April 1-12 | U.S. Savings Bond Campaign |
| April 1-15 | Tuition Assistance Application Period for May Term |
| April 1 | CPR Training • 1:30-4:30 p.m. |
| April 2 | Defensive Driving Class • 9:00 a.m.-4:00 p.m. |
| April 8 | First Aid Training • 1:30-4:30 p.m. |
| April 9 | CPR Training • 9:00 a.m.-12:00 p.m. |
| April 13 | State Mandated Trainings For Faculty
Only (Sexual Harassment, Ethics, EEO, Compliance Training) 9:30 a.m.-1:30 p.m. |
| April 16 | Travel Training Procedures •
10:00 a.m.-12:00 p.m. Science and Engineering Technology Building 3rd Floor |
| April 17 | Ergonomics Training • 10:00-11:00 a.m. |
| April 19 | CPR Training • 9:00 a.m-12:00 p.m. |
| April 20 | Soc Hop Dance • 8:00-11:00 p.m. • UTB/TSC Gymnasium |
| April 22 | First Aid Training • 1:00-4:00 p.m. |
| April 23 | New Employee Orientation • 9:00 a.m.-5:00 p.m. |
| April 24 | Workplace Violence • 10:00-11:00 a.m. |
| April 25 | State Mandated Trainings (Sexual Harassment, Ethics, EEO, Compliance Training) 9:00 a.m. – 5:00 p.m. |
| April 25 | Query Builder • 9:00 a.m.-5:00 p.m. • Tandy Hall #210 |
| April 30 | Wellness Get-Together • 3:00-4:00 p.m. |
All events at the Benito Longoria Conference Room unless otherwise noted. To sign up, please call Human Resources at extension 8205 or register on-line at www.utbtsc.edu/human_resources/.
