Considering your server timestamp in EST, you can try something like the following:
>db2 "create table test_timestamp (
Employee_Id smallint,
TS_EST timestamp with default current timestamp,
TS_UTC timestamp generated always as (TS_EST + 5 hours) )"
>db2 "select employee_id, TS_UTC from test_timestamp"
EMPLOYEE_ID TS_UTC
----------- ------- ----------------------
3311 2011-02-16-02.15.18.532000