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The following is an outline of the array of benefits provided
by Saint Joseph’s College to its employees. For more detailed
information, you may call Heidi Jacques at extension 7756 or click on
the benefit.
Click on the company name to visit their Web site.
SAINT
JOSEPH’S COLLEGE PRIVACY NOTICE
MEDICAL – Aetna
Inc.
The College provides medical insurance to employees and their immediate
family. Coverage is contributory; full-time employees share the cost of
the premium and regular part-time administrative staff pays the full group
premium.
DENTAL – Northeast
Delta Dental
The College provides dental insurance to employees and their immediate
family. Coverage is contributory; full-time employees share the cost of
the premium and regular part-time administrative staff pay the full group
premium.
GROUP LIFE – Jefferson
Pilot
The benefit is a $20,000 term life insurance policy carried in the employee’s
name. Coverage is non-contributory (the total premium is paid for by the
College) for full-time employees. Regular part-time administrative staff
may elect this coverage and pay the full group premium. The basic coverage
also has an AD&D rider that may increase the benefit if there is an
accidental death or dismemberment
SUPPLEMENTAL LIFE – Jefferson
Pilot
Full-time and regular administrative staff may elect supplemental life
insurance coverage in $10,000 increments up to seven times their basic
annual earnings rounded to the next higher $10,000, to a maximum of $520,000.
At time of hire any amounts below $150,000 are guaranteed but amounts
above that are subject to satisfactory evidence of insurability.
FLEXIBLE SPENDING ACCOUNTS – Group
Dynamics, Inc.
Saint Joseph’s College offers tax-exempt spending accounts for dependent
care and medical reimbursement. These accounts allow full and regular
part - time employees to put money aside pre-tax to pay for eligible expenses.
LONG TERM DISABILITY – Jefferson
Pilot
The College’s Disability Insurance Plan covers regular, full-time
employees. The College pays the full cost of this plan. The plan has a
180-day waiting period. It provides 60% of basic monthly earnings to a
maximum benefit of $5,000 per month.
RETIREMENT – TIAA/CREF
or VALIC
Saint Joseph’s College offers an IRS Section 403 (b) defined contribution
pension plan to regular full-time employees. After the completion of a
one-year waiting period, the College contributes the equivalent of five
percent (5%) of base salary to the investment company of their choice.
Individual participation is voluntary and available to all employees at
any time. The amount that an employee may choose to contribute individually
is subject to a maximum exclusion allowance calculation pursuant to IRS
guidelines.
TUITION REMISSION
After a six month waiting period, full-time employees are eligible for
tuition remission. The equivalent of three courses per academic year may
be taken , but no more than one course per semester. They can be undergraduate
and/or graduate courses. Undergraduate tuition remission is tax exempt,
graduate tuition remission is a taxable benefit.
After a one year waiting period dependents of full-time employees are
eligible for undergraduate course tuition remission.
TUITION EXCHANGE
The College is a member of two national scholarship exchange programs
for institutions of higher education: the Tuition Exchange Inc. (TE) and
the Council of Independent Colleges (CIC). Through these organizations
tuition reimbursement for the dependent children of full time college
employees is available at over 350 colleges, most of which are private.
SOCIAL SECURITY AND MEDICARE
With few exceptions, which are explained to the individuals to whom they
apply, both Saint Joseph’s College and each employee pay an equal
amount of tax for Social Security and Medicare as defined by the Federal
Insurance Contributions Act (FICA).
UNEMPLOYMENT COMPENSATION
Unemployment compensation coverage is provided as required by the State
of Maine.
WORKER’S COMPENSATION
The Maine Worker’s Compensation Act protects employees against accidental
injury and/or illness occurring in or arising out of the workplace. This
benefit covers medical expenses incurred as a result of the injury and
lost time.
HOLIDAYS
LEAVE BENEFITS
Provides a summary of paid leaves offered by the College.
BENEFIT FAQ’S
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