Finance and Administration News
Social Security Fairness Act update
The Social Security Fairness Act, HR 82, concerning the Windfall Elimination Provision and Government Pension Offset, was signed into law on January 5, 2025.
Anthem Blue Cross and Blue Shield continues negotiations with Ohio State University hospitals
Anthem has informed the University that they are continuing conversations with the OSU Health System, but the timeline for a potential agreement is unsure at this time.
OHIO continues to monitor ongoing negotiations between Anthem Blue Cross and Blue Shield, OSU Health System
Anthem Blue Cross and Blue Shield – which administers Ohio’s health insurance plans – and the OSU Health System are continuing their efforts to reach a new multi-year contract.
91Ô´´ responds to federal court ruling on FLSA Overtime Rule
On Nov. 15, 2024, a federal judge in the Eastern District of Texas invalidated the Biden administration’s Fair Labor Standards Act (FLSA) overtime final rule. This decision eliminates the scheduled salary threshold increase previously set to take effect on Jan. 1, 2025, as well as the automatic updates planned to occur every three years.
91Ô´´ extends 2024 Winter Break Closure
The 2024 91Ô´´ Winter Break Closure will be extended to include Monday, Dec. 23, and Tuesday, Dec. 24. 91Ô´´ closes annually from Dec. 25 through Jan. 1 to recognize and reward the contributions of all employees on all campuses.