Cameron University Administrative/Professional Staff Benefits Summary The purpose of this document is to provide a summary of your benefits and certain essential policy information. For questions regarding these benefits, policies, or any other related information, please consult Human Resources or view the staff handbook at http://www.cameron.edu/policies. Paid Time Off Cameron offers an extremely generous leave policy, which is outlined below. Type of Leave Vacation Administrative/Professional Employees 160 hours per year* Sick 144 hours per year** Family Sick 72 hours per year*** * ** *** Vacation may be accrued up to a maximum of 320 hours. Any vacation accrued in excess of 320 hours must be used within the same fiscal year accrued or it will be forfeited at the beginning of the new fiscal year. Sick leave may be accrued up to a maximum of 1,440 hours Family Sick - 72 hours of earned sick leave may be used for the care of an immediate family member. Holidays: A total of 24 days of holiday leave are granted to staff members for the 2015-16 school year. Please see the chart below for this year’s official holiday schedule. 2015-16 Holiday Schedule The following holidays will be observed at Cameron University during the 2015-2016 academic year. University offices will be closed during these holidays. Independence Day Labor Day Fall Break Thanksgiving Christmas/New Year Martin Luther King, Jr. Day Spring Break Memorial Day July 3, 2015 September 7, 2015 October 15-16, 2015 November 25-27, 2015 Dec. 21, 2015 – Jan. 3, 2016 January 18, 2016 March 14-20, 2016 May 30, 2016 Health Insurance CU provides employer-paid group health insurance coverage to employees through Blue Cross Blue Shield of Oklahoma. There is a wide selection of providers in the area and in the nationwide Blue Cross Network. Dental, vision, and dependent health coverage are also available to employees on a pre-tax basis through convenient payroll deduction. Life Insurance Each employee is provided employer-paid life insurance through American Fidelity in the amount of two times their annual salary. Employees also receive an additional $18,000 in life insurance through the Oklahoma Teachers’ Retirement System once they are active members. Long-Term Disability Insurance CU provides employer-paid long-term disability insurance through American Fidelity. Long-term disability benefits are paid on 60 percent of an eligible employee’s covered salary (up to $72,000), after a disability period of six months. Retirement Cameron pays 100 percent of its administrative/professional employees’ contributions in the Oklahoma Teachers’ Retirement System. Cameron’s monthly contribution equals seven percent of your gross salary plus your Cameron-paid fringe benefits. CU is one of the only higher education institutions in Oklahoma that pays 100 percent of its employees’ contributions, and the money in your account is yours to keep. Administrative/Professional employees are eligible for membership on their first day of work. Voluntary Salary Reduction Plan Cameron provides a 403(b) plan that enables all employees to defer a portion of their current income. The advantage of Cameron’s voluntary salary reduction 403(b) is that your taxable income is reduced by the amount you contribute into the plan. Employees can contribute into a consolidated four tier investment lineup. Cameron has contracted Fidelity Investments as the master administrator and recordkeeper of this lineup. For more information and restrictions please visit the Benefits channel in your Aggie Access Employee tab or Contact Human Resources. Section 125 Flexible Benefit Plan Employees have the option of obtaining additional insurance plans through Cameron’s Section 125 cafeteria plan with American Fidelity. The following coverage is available through pre-tax payroll deductions: short-term disability, cancer policies, accident coverage, additional life and dependent life insurance, and medical and dependent care flex plans. Tuition Waiver All benefited full time and part time employees are eligible for a tuition waiver in both undergraduate and graduate courses offered by Cameron. For full time employees the waiver is available for up to six hours in each of the fall and spring semesters and up to three hours each summer. Three-quarter time and part-time employees’ tuition waiver is prorated to match their employment status. Training and Development An investment in our employees learning environment is important to the organization’s success. With that in mind, Cameron provides a variety of both online and in person training throughout the year. This training includes both mandatory compliance training depending upon your position and optional career development courses in a variety of topics. Any training and development opportunities will be announce via email from the Human Resources Office.