Cameron University
Faculty 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 faculty
handbook at http://www.cameron.edu/policies.
Paid Time Off
Cameron offers an extremely generous leave policy, which is
outlined below.
• Sick Leave: Employees accrue 12 hours of sick leave per
month, up to a maximum accrual of 1,440 hours (180 days).
A total of 72 hours can be used for the care of an immediate
family member each year.
• Holidays: A total of 24 days of holiday leave are granted to
faculty members for the 2015-16 school year, not including
summer break. See the chart at the bottom of the page for
this year’s official holiday schedule.
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
an employee’s annual salary. Employees also receive an
additional $18,000 in life insurance through the Oklahoma
Teachers’ Retirement System.
Long-Term Disability Insurance
CU furnishes employer-paid long-term disability insurance
through American Fidelity. Long-term disability benefits are
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
July 3, 2015
Labor Day
September 7, 2015
Fall Break
October 15-16, 2015
Thanksgiving
November 25-27, 2015
Christmas/New Year
Dec. 21, 2015 – Jan. 3, 2016
Martin Luther King, Jr. Day
January 18, 2016
Spring Break
March 14-20, 2016
Memorial Day
May 30, 2016
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 faculty 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,
and begins on your first day of employment. CU is the only
higher education institution in Oklahoma that pays 100
percent of its employees’ contributions, and the money in
your account is yours to keep.
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. Threequarter 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.