Cameron University Classified Staff Benefits Summary

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Cameron University

Classified 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

Sick

Classified Employees

Employed 1-5 Years

80 hours per year*

144 hours per year**

Classified Employees

Employed 6-10 Years

96 hours per year*

144 hours per year**

Classified Employees

Employed 10+ Years

120 hours per year*

144 hours per year**

Family Sick

72 hours per year*** 72 hours per year*** 72 hours per year***

* Vacation may be accrued up to a maximum of two years leave. Any vacation accrued in excess of two years leave 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

July 3, 2015

September 7, 2015

October 15-16, 2015

November 25-27, 2015

Christmas/New Year

Spring Break

Dec. 21, 2015 – Jan. 3, 2016

Martin Luther King, Jr. Day January 18, 2016

March 14-20, 2016

Memorial Day 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

Classified employees working 30 hours or more per week on a regular appointment basis have two retirement options to choose from. The first option is a Defined Contribution (DC) 401(a) Plan. Classified employees may enroll in the DC Plan after 90 days of employment. The

University will make contributions on the employee’s behalf equal to 9% of their total annual compensation. The second option is the Oklahoma

Teachers Retirement System (OTRS). After one (1) consecutive year of employment, classified employees may enroll in OTRS. Contributions are paid by the employee on a pre-tax basis through payroll deduction.

Contributions are equal to 7% of the employee’s total annual compensation.

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

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