Benefits

BENEFITS SUMMARY - AUXILLIARY EMPLOYEES

HEALTH INSURANCE

A choice of two health plan options: Empire Blue Cross PPO or MVP HMO. Vassar covers the entire cost of single health insurance coverage and two-thirds of the cost of dependent coverage.

RETIREMENT PLAN

• Upon completion of five (5) years of service, you are fully vested in the Vassar College Defined Benefit Pension Plan.
• You may also open a Supplemental Retirement Account (SRA), which allows you to save for your retirement on a tax-deferred basis. You may use TIAA-CREF and/or Fidelity Investments for your SRA.

PAID TIME OFF

• Vacation calculated based on length of service. (Example: 0-6 yr receive 1 day per month)
• Three (3) personal days for full time employees
• Paid sick time for both short-term illness and extended needs.

TUITION BENEFITS

• Once you have completed five (5) years of employment at Vassar, you, your spouse/partner or dependent children may attend up to eight semesters at Vassar College tuition-free if accepted a Vassar student.
• Once you have completed probation, you or your spouse/partner or dependent children may take Vassar courses tuition-free on a course-by-course basis with prior approval.

SHORT TERM DISABILITY INSURANCE

• In accordance with New York State law, after five days of disability,Vassar provides disability coverage equivalent to 50% of your salary up to a weekly maximum of $170.

LIFE INSURANCE

• Vassar provides you with term life insurance coverage of $15,000.

FLEXIBLE SPENDING ACCOUNTS

• You are eligible to tax shelter up to $10,000 annually to a medical/dental Flex spending account and/or $5,000 annually to a dependent care Flex spending account.

DENTAL INSURANCE

• Vassar sponsors a voluntary (employee-paid) dental insurance plan. You are eligible to join within 30 days of your hire. Contact the Benefits Office for information.

EMPLOYEE ASSISTANCE PROGRAM (EAP)

• Vassar's EAP provides you and your family access to free, confidential short-term counseling and assistance with work-life issues such as elder care and child care.

This overview is intended as a general summary and should not be construed as an official plan document or description. For complete information, contact the benefits office.

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