BENEFITS AT A GLANCE MANAGEMENT/CONFIDENTIAL PROFESSIONAL EMPLOYEES HEALTH INSURANCE/PRESCRIPTIONS Options

Empire Plan:
Blue Cross: 		Hospitalization
United HealthCare:	Major Medical/Surgical.

Health Maintenance Organizations:

Hospitalization and medical/surgical care by designated primary care physician.
Appointments that exceed three months. Must work at least half-time 42-day waiting period.

*Empire Plan biweekly rates:
		Individual   		$21.07
		Family   		$85.25

See �Rates and Deadlines� for a complete listing of HMO rates.




RETIREMENT SYSTEMS

**TRS and ERS: 

Defined benefit plans; benefits are based on best consecutive three years average salary and years of employment.  Defined contribution plan; benefits are based on employer and employee contributions and the success of the investments. Employer contribution is 8 percent of salary for first seven years of service; 10 percent of salary thereafter. Membership for full-time employees is mandatory. Membership is optional for part-time employees except that appointees who have current membership must continue to participate, if eligible.

All M/C employees are eligible for ERS or the ORP. Employees in the titles of Chancellor, President, Vice-President, Provost, Dean, Associate Dean, and  Assistant Dean are also eligible for TRS. Immediately upon enrollment. Vested after 5 years in ERS &  TRS.  Vested after 366 days in ORP.
Employee contribution is 3 percent of salary for those joining on or after July 27, 1976.  No contribution required after 10 years of service for members of ERS and TRS.


TUITION ASSISTANCE

Partial assistance is available through the Tuition Waiver (based on funding) at state-operated campuses.  Reimbursement of 75% of tuition  (maximum $1500 per year) for job or career-related courses at accredited institutions Appointment must cover period of support.  Must be at least half-time Upon employment.  Must have at least 6 months of state service before beginning the course No cost to the employee for this benefit.


FLEX BENEFITS (PRE-TAX DEDUCTIONS)

A portion of salary is designated by employee to establish a fund to cover eligible child care, elder care and/or un-reimbursed health care expenses with pre-tax dollars.Must be receiving regular biweekly paychecks for dependent care.  Must also be eligible for health insurance for health care. For dependent care, effective immediately; must enroll within 60 days of appointment. For health care, 60 days from date of appointment; must enroll within 60 days of date of appointment. The employee determines the amount to be deducted, maximum $5,000 for child/elder care; minimum $150, maximum $3,000 for health care.


SAVINGS PLANS � TAX DEFERRED ANNUITIES AND NYS DEFERRED COMPENSATION PLAN

Voluntary tax-deferred savings programs designed to provide funds in retirement.  Employees may choose to participate in either or both plans subject to IRS limits on tax deferral. Upon employment. Choice of employee. Employee contributions through salary reduction subject to IRS limitations.


LONG-TERM CARE INSURANCE

Coverage for care in a nursing home, assisted living facility, or at home.
Must be eligible for health insurance. If enrolled within 60 days of eligible appointment, guaranteed issue.  Otherwise, subject to medical underwriting. Premiums determined by amount of coverage purchased.


DISABILITY COVERAGE

Monthly income benefit equal to 60 percent of covered monthly salary, not to exceed $5,000 a month; also provides a monthly annuity premium benefit. Full and part-time (50% +) M/C employees who are disabled for six consecutive months. First of the month following one year anniversary. No cost to employee.


GROUP LIFE AND ACCIDENT INSURANCE

Optional term life, accidental death and dismemberment insurance; includes coverage for spouse and dependents. All M/C employees. First day of pay period following the pay period in which enrollment form submitted. Premiums determined by amount of coverage purchased.


VACATION AND SICK LEAVE HOLIDAYS

Vacation and sick leave are earned at the same rate, 1.75 days per calendar month. Pro-rated for part-time. Eligible for up to 12 holidays per year.


PAYROLL INFOMATION
New York State has a two-week lag payroll system. This means that each paycheck pays for the period two-four weeks prior to the date of the check. New employees will not receive their first check for approximately four weeks. In addition, there is a five-day salary deferral. That means that one day�s pay is deducted from each of the first five checks. This is returned to the employee upon separation from service.