She stated that legislation had ruled that an actuality study be done every 3 years to determine if the Alternative Retirement Plan was negatively impacting the retirement systems. The first survey was done last year and showed that PERS was fully funded and doing well. Based on that, PERS decided to go ahead with a temporary rate reduction for the year 2000. Another study will be conducted before the end of this year to determine what next year s rate will be. Effective October 16, the university will implement the drug formulary.
Flu vaccines are currently available to faculty and staff.
A new publication called Netwell is being distributed quarterly to members of University Prime Care, Regional Prime Care, and the OSU Health Plan. It contains information on provider changes, wellness education, and other news. Paid-leave revisions are currently being discussed. Subcommittee Reports A. Staff Compensation and Benefits Committee Kevin Fitzsimons Kevin distributed and discussed a medical review committee handout. SCBC plans to meet after the next meeting.