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 2013-14 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.
An employee may select from either of two comprehensive
health plans, each of which offers 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. For faculty members, this actually
equals the 10-month salary, multiplied by 1.2, and then
doubled. Employees also receive an additional $18,000 in
life insurance through the Oklahoma Teachers’ Retirement
System.
2013-14 Holiday Schedule
The following holidays will be observed at Cameron
University during the 2013-2014 academic year. With
the exception of spring break, University offices will be
closed during these holidays. During spring break, all
administrative offices and academic deans’ offices will be
open, with each office maintaining a workforce sufficient
to meet office needs.
Independence Day
Labor Day
Fall Break
Thanksgiving
Christmas/New Year
*Early Pay Day
Martin Luther King, Jr. Day
Spring Break
Memorial Day July 4, 2013
Sept. 2, 2013
Oct. 17-18, 2013
Nov. 27-29, 2013
Dec. 23, 2013 – Jan. 1, 2014
Dec. 23, 2013
Jan. 20, 2014
Mar. 17-21, 2014
May 26, 2014
Long-Term Disability Insurance
CU furnishes 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 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.
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.