A Message Regarding Cost of Living Adjustment

We are pleased about the good news announced by Gov. Larry Hogan in September that all eligible University System of Maryland (USM) employees will receive a Cost of Living Adjustment (COLA) effective Nov. 1, 2022.

This 4.5% Cost of Living Adjustment is the third such pay adjustment afforded to TU employees this calendar year, following COLA and merit increases awarded in January and July. We are grateful to Gov. Hogan, the USM Board of Regents and USM Chancellor Jay A. Perman for their support. These increases were possible because of another year marked by a multibillion-dollar state surplus, and recognize the dedication and fine work of our university faculty and staff, especially through the challenges of the last few years.

To support this COLA, TU received funding support for full-time, regular faculty and staff. However, TU has made the decision to self-fund the increase allowing for expansion of the COLA to additional groups of our colleagues. The following groups are included if actively employed on Nov. 1, 2022:

All regular faculty and staff (exempt and non-exempt),
Contingent II (exempt and non-exempt),
Student employees

TU will go beyond those eligibilities to also provide the COLA to the following additional individuals:

Adjuncts: Those under contract for the Fall 2022 term will receive the COLA if they return under contract for the Spring 2023 term. Eligible adjuncts must have been under contract for both the Fall 2022 and Spring 2023 terms. The adjustment will be effective upon the start of the Spring term contract (Jan. 30, 2023).
Resident Assistants, Graduate Assistants, Teaching Assistants, Research Assistants: Those under contract for both the Fall 2022 and Spring 2023 terms are eligible to receive the COLA effective Nov. 1, 2022.
Contingent I: Those individuals covered under an active contract on Nov. 1, 2022 will receive the COLA adjustment effective upon their next, consecutive Contingent I contract renewal. The actual effective date will vary based on the date of the contract renewal.

Because the initial effective date of the COLA occurs during an existing contract period, eligibility for those working under a short-term contract will be determined based on the contract duration and/or renewal of any contract.

Those receiving the COLA effective Nov. 1 will see a partial pay increase begin with the Nov. 9 pay date. The first full pay period with the increase in effect will be received on the Nov. 23 pay date. Pay adjustments will be made to the maximum of the pay range for the position, and a lump sum equivalent will be issued for any amount remaining to reach the 4.5% increase.

Any additional questions regarding eligibility may be directed to your supervisor or HR partner.

Thank you for all you do in support of our students and one another!

Kim Schatzel, Ph.D.

Steve Jones
Chief Human Resources Officer & Vice President for Operations

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This post was written by Baldwin, Timm