Salary Full-Time

SAINT MARY’S COLLEGE BENEFITS IN BRIEF FOR SALARIED STAFF
June 1, 2013

Back to Human Resources - Benefits Information Main page

BENEFIT

WHO PAYS

WHAT YOU RECEIVE

Health Insurance
Anthem PPO

Saint Mary’s & You

See health insurance benefit sheet describing the health plan and the cost to you.

Dental Insurance

Saint Mary's & You

Option 1/Single: $16.08/month OR
Option 1/Family: $46.33/month

Option 2/Single: $12.99/month OR
Option 2/Family: $37.52/month

Option 3/Single: $ 7.20/month OR
Option 3/Family: $23.84/month.

For a detailed explanation of coverage under Options 1/2/3 please see the Humana Dental Insurance Comparison on the main benefits page.

UnitedHealthCare Vision Plan

You

Two coverage options for eye exams, frames, lenses, and contacts through UnitedHealthCare Vision providers are offered at a reasonable monthly cost. 

Basic Life — Accidental Death and Dismemberment

Saint Mary’s

Coverage in amount equal to 200% of basic annual earnings with a maximum benefit of $50,000.

Optional Life Insurance

You

Employee may purchase insurance equal to 1, 2, 3, 4, 5, 6 or 7 times their annual base salary rounded to the nearest thousand to a maximum of $500,000.  Premiums are based on age-banded rates. 

Spousal Life Insurance

You

Spousal life insurance is available equal to .5, 1, 1.5, 2, 2.5, 3 or 3.5 times their annual base salary rounded to the nearest thousand not to exceed 50% of the employees elected optional life amount.

Dependent Life Insurance

You

Dependent (child) life insurance is available to purchase for children aged 14 days - 19 years (25 if full time student) at $2,000, $5,000, $10,000 or $20,000.  Employee must be enrolled in optional life insurance.

Retirement Plan

Saint Mary’s

Employees covered under the Teacher’s Insurance and Annuity-College Retirement Equities Fund (TIAA-CREF). Full participation after 2 years of service. The program is vested immediately. College contributes 10% of the employee’s annual salary. Employee contributions are optional, but encouraged as they can be tax-sheltered. Those not immediately eligible for the full plan can choose to contribute 6% which will be matched by a 6% College contribution, or the College will make a 3% contribution on behalf of the employee

Long-term Disability Plan

Saint Mary’s

After six months of total disability, plan provides 60% of salary up to $10,000 per month. Plan provides for continuation of contributions to the TIAA-CREF retirement plan during period of employee’s disability

Short-term Disability Plan

You

Participation optional. Short-term disability insurance pays you a portion of your earnings if you cannot work because of a disabling illness or injury. Benefits could continue until you are eligible for Long-term disability.

Medical and Dependent Care
Reimbursement Accounts

You

You may participate through pre-tax payroll contributions in either or both reimbursement plans. Information is available on each option

Tax-Deferred Annuity Options

You

Participation optional. By means of a salary reduction agreement, a portion of your taxable income is set aside for retirement benefits. Variety of investment options available

Adoption Benefit

Saint Mary’s

After 1 year of employment, reimbursement of up to $2,000 of expenses incurred in the process of adopting a child.

Direct Deposit

You

Saint Mary’s does not issue payroll checks. Pay is direct deposited. Our preference is that you bank with 1st Source Bank (a branch is located on campus). You may open a free checking or savings account. We can also accommodate other banks for direct deposit purposes. Employees are paid on a bi-weekly basis. Salaried employees are paid bi-weekly over 26 pays for calendar year and 22 pays for academic year

Moving Expenses

Saint Mary's

10% of starting salary up to $5,000 max.

Employee Assistance Program

Saint Mary’s

Program designed to provide a confidential service to employees and their dependents with personal problems. Participants are eligible for 5 face-to-face visits per family member per contract year at no cost to you.

Employee Tuition Plan

Saint Mary’s

 

Eligible to enroll in Saint Mary’s classes on a tuition free basis.

Educational Benefits -

Family Tuition Benefits at Saint Mary’s College

Saint Mary’s

 

Wives and female dependent children who meet the admission requirements are eligible to work toward a Degree from Saint Mary’s. After 4 years of full-time employment, tuition remission is 100%. Tuition remission is based on a graduated schedule between 1 and 4 years of employment. Remission is limited to 8 semesters

Educational Benefits -

Other Institutions

Saint Mary’s

After 3 years of full-time employment, dependent children (undergraduate only) are eligible for 100% tuition remission at the University of Notre Dame. Remission is limited to 8 semesters.

 Dependent children of full-time employees are eligible to apply for tuition remission at another member college. The Catholic College Cooperative Tuition Exchange (CCTE) is a consortium of regionally accredited colleges or universities listed in the current Official Catholic College Directory. Visit their website at www.CCCTE.org for more information. The Council of Independent Colleges Tuition Exchange Program (CIC-TEP) is a network of CIC colleges and universities willing to accept, tuition free, students from families of full-time employees of other CIC-TEP institutions. Visit their website at www.cic.edu for more information.

 

Vacation

Saint Mary’s

Salaried employees working a calendar year schedule earn 22 vacation days per year accrued at the rate of 6.77 hours per pay. Salaried employees working an academic year schedule do not earn vacation during the summer months

Sick Time

Saint Mary’s

Time off with pay for personal illness or injury is earned at the rate of one day per month for each month of continuous active service

Personal Time

Saint Mary’s

Under this policy, all full-time employees are eligible to use up to 5 days per fiscal year of accumulated sick time for paid personal business time. This personal time will be deducted from accrued sick time

Paid Holidays

Saint Mary’s

Christmas Day, the day before or after Christmas, New Year’s Day, Memorial Day, Independence Day, Thanksgiving Day and Good Friday. Other days as authorized by the President

Staff Discounts and Privileges

 

Your Saint Mary’s ID will allow you a 20% discount at the Saint Mary’s College bookstore, as well as a discount at the Notre Dame Bookstore. Discounts are also available for many cultural and athletic events. Employees also may access the library, and athletic facility.

This Benefits in Brief attempts to summarize benefits. For a complete explanation of the benefit, the Employee Handbook and/or Summary Plan Description serve as the definitive source on the benefits available.