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Employee
Handbook
PART
VII. FRINGE BENEFITS
A.
Health Insurance
B.
Flexible Spending Account
C.
Life Insurance and Long-Term Disability
D.
TIAA-CREF Retirement Plan
E.
Parking
Trinity
College offers a competitive and comprehensive benefits
package for faculty and staff. Following are the key
components of the package, and additional details are
available in the Office of Human Resources:
A.
Health Insurance
The
terms of this section may change annually depending upon the
prices charged and coverages offered by the health insurance
provider, and from time to time Trinity may change the
provider in order to ensure the most affordable and
competitive health care plan for employees.
Trinity
College offers MAMSI Health Care plan for all full-time
employees. MAMSI offers three health care
options. Available option are HMO,PPO and PPO.
Details for each plan options are available in the Office of
Human Resources. All plans include a discounted vision
care feature.
The
College also offers a voluntary Dental Plan though MAMSI.
The dental plan premiums is cost share by the College at
50%. Additional information regarding the dental plan
is available in the Office of Human Resources.
If
the health care plan is elected, coverage begins on the
first of the month following the month in which employment
begins. The health care plan is a contributory benefit
with the college paying 65% and the employee paying 35% of
the total premium.
Information
packets (including a toll-free information number) for
MAMSI Health Care Plan are available in the Office of Human
Resources. Visit www.mamsi.com.
for information regarding the most current list of the
Directory of Health Care Professionals.
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B.
Flexible Spending Account
Trinity
provides a flexible spending account program in which
employees may set-aside up to $5,000 in pretax earnings for
certain health expenses not covered by insurance, and
dependent day care. This program provides a great tax
savings, since the funds set aside are not taxed, but the
money must be spent in its entirety during the designated
year or the employee will not be able to claim the balance.
Information on the flexible spending account plan is
available in the Office of Human Resources.
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C.
Life Insurance and Long-Term Disability
Full-time
employees receive life insurance at two times the base
annual salary. Trinity pays the entire premium. This
coverage is optional and any employee may decline the
benefit.
Employees
may also purchase supplemental life insurance through the
UNUM Life Insurance Company. Information is available in the
Office of Human Resources.
Employees
who have completed one full year of full-time employment at
Trinity are also covered by the Long Term Disability Plan.
This plan pays 60% of the employee's monthly salary (after
being disabled for three months) up to a maximum of $6,000
per month. The total cost of this plan is paid by Trinity.
Additional details regarding this plan are available in the
Office of Human Resources.
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D.
TIAA-CREF Retirement Plan
Trinity participates in the TIAA-CREF Retirement Plan (Teachers Insurance Annuity Association and the College Retirement Equities Fund). To participate in the plan, employees must first complete one full year of employment at Trinity, be 21 years of age or older, or have contributed to a 403(b) plan for the preceding 12 months to be eligible.
Trinity
automatically contributes 2% of the employee's base annual
salary for all employees who elect to participate. Trinity
matches additional voluntary contributions on a formula
basis, with 6% as the highest match.
Employees
may also contribute to a TIAA-CREF SRA (Supplemental
Retirement Annuity) up to the maximum allowed by law, but
SRA contributions are not matched by Trinity.
Please
note that Trinity cannot make any contributions until all
enrollment forms are complete and filed in the Office of
Human Resources, and retroactive payments cannot be made.
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E.
Parking
Employees
of Trinity College may park in the designated campus lots
for free. Employees who park on campus must register their
vehicles with the Department of Public Safety Office and display the
appropriate decal.
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| Trinity
College reserves the right to interpret or change
the policies stated in this Handbook as the need
arises. This document is not a contract. |
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