|
Faculty
Benefits In Brief - Eastern
Michigan University Regular Employees (With appointment status of 50% or
more)
September 2001
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BENEFIT
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WHO PAYS
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ELIGIBILITY
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COVERAGE
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| Health Plan |
Eastern Michigan
University
Includes employee, same
sex domestic partner, spouse and dependent children through the age of
19. Employee rider costs for 19-25.
|
Date of hire
|
Choice
of immediate participation in either a comprehensive Blue Cross/Blue Shield
Traditional medical plan, one of two (2) Health Maintenance Organizations
(HMOs) or Blue Cross/Blue Shield Community Blue PPO (Preferred Provider
Organization). May waive health coverage for a $1,000 annual reimbursement
if coverage is verified elsewhere. |
| Dental Plan |
Eastern Michigan
University
Includes employee, same
sex domestic partner, spouse and dependent children through 25.
|
First day of the month
following date of hire
|
Subject
to reasonable and customary charges, dental benefits coverage provides:
100% for diagnosis, cleaning,
x-rays;
75% for extractions, root
canals, fillings;
50% for dentures, bridges,
etc.
50% for braces
Plan pays up to a maximum
of $1,000 per fiscal year (July 1 - June 30) per person $1,500 lifetime
maximum for orthodontic expenses. |
Life Insurance
and
Accidental Death
and Dismemberment |
Eastern Michigan
University
|
Date of hire
|
First
year's coverage, insurance equal to one times base salary (rounded to the
next $1,000). Subsequent year's coverage equals base salary (rounded to
the next $1,000) times 2. Maximum coverage is $275,000. |
| Long Term Disability |
Eastern Michigan
University
|
First day of the month
after 90 days of hire
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Income
continuation equal to sixty-five percent (65%) of employee's regular monthly
earnings up to a maximum benefit of $7,000 per month. Benefits begin on
the ninety-first (91st) day of continuous disability and will continue
until the end of the disability or until age 65. If disability begins after
age 60, benefits continue for five years or until age 70, whichever comes
first. |
Business Travel
Accident Insurance |
Eastern Michigan
University
|
Date of hire
|
University
provides fully paid business travel accident insurance with $100,000 in
coverage for death or permanent total disability of the staff member, up
to a limit of $500,000 as a result of any one accident. |
| Retirement |
Eastern Michigan
University
TIAA-CREF: 10%
of earnings
(MPSERS: State Requirement
Grandfathered Employees )
|
Date of hire
|
Choice
of one (1) of the defined contribution plans offered. Immediate vesting
based upon variable or fixed annuity and mutual fund investments. (MPSERS
pension based on a percentage of average salary times years of service,
vested after 10 years. Member Investment Plan, MIP, after 1/01/90, mandatory
contribution required. Grandfathered for employees as of December 31, 1995.) |
| Paid Sick Leave |
Eastern Michigan
University
|
Calendar Year
(January 01-December 31)
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Full
time Faculty receive six (6) days (forty-eight (48) hours) at the beginning
of each calendar year. Part-time Faculty receive a pro-rata benefit based
upon percent of appointment. Faculty sick leave bank provides additional
hours beyond the six (6) days provided each calendar year. |
| Tuition Waiver |
Eastern Michigan
University
|
After one year of hire
|
Tuition
waiver program waives up to six (6) semester hours of undergraduate or
graduate level per semester at EMU. Applies to tuition only. Part-time
employees up to three (3) semester hours. Spouses and dependents are eligible
for fifty percent (50%) of undergraduate tuition waived on all credit hours. |
| Tax Deferred
Annuities |
You
|
Date of hire or anytime
thereafter
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May
select participation in one (1) of the plans currently offered by the University.
Potential tax savings through tax deferred investments. |
Flexible Spending
Accounts -
Dependent Care/
Healthcare Expenses |
You
|
Within 30 days of hire
or Open Enrollment
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Able
to put aside money on a pre-tax basis in order to pay personal health and/or
dependent care expenses. Maximum is $5,000 per year for dependent care
expense; maximum for healthcare expenses is $3,000 per year. |