Salary Full-Time

SAINT MARY’S COLLEGE BENEFITS IN BRIEF FOR SALARIED STAFF
June 1, 2017 through May 31, 2018

Back to Human Resources - Benefits Information Main page

BENEFIT

WHO PAYS

WHAT YOU RECEIVE

Health Insurance
Anthem PPO

Saint Mary’s & You

Two (2) Preferred Provider Option (PPO) medical plans are available including options for both single and family coverage. Coverage is available on your employment date.

Dental Insurance
Lincoln Dental 

Saint Mary's & You

Three (3) dental plan options are available including options for both single and family coverage. Coverage is available on your employment date.

Vision Plan
UnitedHealthCare

You

Two (2) vision plan options are available including options for family, employrr + 1, and signle coverage. Coverage is available on the first of the month following your employment date.

Basic Life — Accidental Death and Dismemberment
Lincoln Financial Group

Saint Mary’s

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

Optional Life Insurance
Lincoln Financial Group

You

Employee may purchase insurance equal up to 7 times the employee’s annual base salary rounded to the nearest thousand to a maximum of $500,000.  Premiums are based on age-banded rates.  Evidence of Insurability may be required.

Spousal Life Insurance
Lincoln Financial Group

You

Spousal life insurance is available equal up to 3.5 times the employee’s annual base salary rounded to the nearest thousand not to exceed 50% of the employees elected optional life amount.  Evidence of Insurability may be required.

Dependent Life Insurance
Lincoln Financial Group

You

Dependent life insurance is available for children aged 14 days – 19 years (25 if full time student) based on the following increments of $2,000, $5,000, $10,000 or $20,000.  Employee must be enrolled in optional life insurance.

Retirement Plan
TIAA-CREF

Saint Mary’s

Employees are covered under the Teacher’s Insurance and Annuity Association-College Retirement Equities Fund (TIAA-CREF).  Eligible for full participation after 2 years of service.  The program is vested immediately.  The 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. 

*The two year wait period for full participation may be waived upon verification of having two years of full-time consecutive service at another qualified institution of higher education.

Tax-Deferred Annuity Options
TIAA-CREF

You

Participation is 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.

Long-term Disability Plan
Lincoln Financial Group

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
Lincoln Financial Group

You

Participation optional.  Short Term Disability insurance pays you a portion of your earnings if you can’t work because of a disabling illness or injury.  Benefits could continue until you are eligible for Long Term Disability.

Flexible Spending Accounts
Medical and dependent care reimbursement accounts

You

There are two Flexible Spending Accounts, the Health Care Spending Account(maximum $2,600/employee) and the Dependent Care Spending Account (maximum $5,000/family), that enable you to set aside pre-tax dollars to pay for eligible health care or dependent care out-of-pocket expenses. Participation is optional. 

Adoption Benefit

Saint Mary’s

After one (1) year of employment, reimbursement of up to $2,000 of expenses incurred in the process of adopting a child will be available.

Direct Deposit

You

Saint Mary’s does not issue payroll checks.  Pay is direct deposited.  We can accommodate any bank of your choice for direct deposit purposes. A branch of 1st Source Bank is located on campus for convenience. You may open a free checking or savings account. 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 confidential counseling services to employees and their family members to include 5 visits per eligible family member. The Program covers individual, family and marital counseling as well as a variety of additional counseling needs.   

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 of full time faculty and administrative employees in salary grades 4 or higher, who meet the admission requirements, are eligible to work toward a degree (undergraduate only) from Saint Mary’s.  For all other full-time administrative grades and hourly employees, tuition remission is based on a graduated schedule between 1 and 4 years of employment.  After 4 years of full-time employment, tuition remission is at 100%.  Remission is limited to 8 semester.

Educational Benefits -
Other Institutions

Saint Mary’s

Dependent children of full-time Faculty and Administrative employees in salary grades 4 or higher are eligible for 100% tuition remission (undergraduate only) at the University of Notre Dame.  Remission is limited to 8 semesters. All other full-time administrative grades and hourly employees are eligible after 3 years of full-time employment.

Employees and Dependent children of full-time employees are eligible to apply for tuition remission at another member college.  The Catholic College Cooperative Tuition Exchange (CCCTE) 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. 

Dependent children of Full-time administrative employees in salary grades 4 or higher that have at least 7 years of work experience can receive tuition to any school (undergraduate only) at a rate of 1/3 of Saint Mary’s College tuition or the cost of the admitting College’s tuition, whichever is less.

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. Various discounts are also available including car rentals and AT&T Wireless (subject to change without notice).

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.