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In
the News
October 11, 2001
2001
legislative changes
significantly affect retirement plans
Among
the many tax law changes in the Economic Growth and Tax Relief Reconciliation
Act of 2001, Congress included reforms that can significantly increase
the amount of money that individuals may contribute to tax-deferred retirement
programs. These reforms affect Tax Deferred Annuity contributions made
through payroll deduction and also extend to private retirement accounts
such as Individual Retirement Accounts (IRAs). The following are some
of the most significant changes that are relevant to faculty and staff:
University
supports military
reservists who are called to duty
Since the tragic events of Sept. 11, tens of thousands
of military reservists have been called to active duty nationwide. More
than 425 military reservists in Pennsylvania have been called to active
duty in the past week. The University is ready to support those students,
faculty and staff in the military reserves who could be affected now or
in the near future.
DuBois
educates community about
Hispanic culture
A Penn State DuBois faculty member committed to bringing
other cultures into rural classrooms is taking her message beyond the
campus to local schools and the community.
Ground
is broken for
Life Sciences Building
University
and state officials on Oct. 5 broke ground for a new Life Sciences Building
that will house interdisciplinary teaching and research activities related
to fields as diverse as plant biology, neuroscience and molecular toxicology.
Administrative
Fellows Program
informational luncheon
A luncheon
for people interested in the Administrative Fellows Program will be held
from 11:30 a.m. to 1:30 p.m. Wednesday, Nov. 7, in the Alumni Fireside
Lounge at The Nittany Lion Inn on the University Park campus.
Nominations
sought for
Outreach Award
Nominations are being accepted for the 2002 Penn State
Excellence in Advising Award.
Report
concludes ecological
improvements can save money
A report
from the Green Destiny Council on the ecological analysis of Mueller Laboratory,
a biology building on the University Park campus, has shown that making
changes that foster environmental stewardship will save the University
significant amounts of money.
Nominations
sought for
advising award
Nominations
are being accepted for the 2002 Penn State Excellence in Advising Award.
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