Welcome to the Employee Benefits Web Page for West Liberty University! Now, let’s look at an overview of what we have to offer.
Because of the changing nature of benefits, please note this is general information only, not represented to be complete, and is preliminary. Its offer does not imply an employment relationship or offer of employment. The University reserves the right to change and/or otherwise modify the presentation of this information from time to time and/or to correct any errors. This information is current as of February 9, 2011.
ELIGIBILITY and GENERAL INFORMATION:
Basic eligibility for all employee benefits at the University is according to your “FTE” or full-time equivalency. An employee who works 1,950 hours per calendar year is considered to be a 1.0 FTE employee. In order to be eligible for employer sponsored benefits you must be at least a .53 calculated FTE. If you are less than .53 FTE then you are not benefits eligible.
You must enroll for health coverage during the calendar month you are hired or the following two calendar months. There is an “open enrollment” each fiscal year when you may choose to make changes to your coverage(s). Because you pay your premiums on a pre-tax basis, these enrollment periods are the only time you may make changes unless you experience a “qualifying event” as defined by the plan and the Internal Revenue Service.
HEALTH/MEDICAL INSURANCE COVERAGE:
All of your choices for coverage (as a State employee), are governed and controlled by the PEIA, or “Public Employee’s Insurance Agency” of the State of West Virginia.
You may pick coverages ranging from our “HMO” or managed care plans, to”preferred provider beneft” (or PPB) type plans. The amount of premium you will pay is based on the following items:
- Your base salary
- Coverage tier
Your coverage tier would be whether you choose;
- Employee Only coverage
- Employee and Child(ren)
- Family with Employee Spouse
You may find out more at West Virginia Public Employees Insurance AgencyVISION, DENTAL, AND the MOUNTAINEER FLEXIBLE BENEFITS PROGRAM:
As a benefits eligible employee, you have the option of selecting as few or as many of these “optional coverages” to supplement your basic medical plan coverage. Note: some of the available coverages are not medical in nature.
You may choose between a “full service plan” or an “exam plus plan.”
DENTAL- Our Dental Insurance is offered through Delta Dental. Three options are offered. Enhanced Plan, Basic Plan, and Dental Assistance.
This program provides 24 hour-a-day protection against accidents anywhere in the world, on or off the job. disability
- MOUNTAINEER FLEX LONG TERM DISABILITY INCOME-
You can choose between “Plan 1″ which pays 70% of your predisability earnings after a 180 day waiting period, or “Plan 2″ which pays you 50% of your predisability earnings after the same waiting period.
- SHORT TERM DISABILITY INCOME-
Pays 70% of your predisability earnings after a 30 day waiting (disability) period up through the 180th day of disability.
FLEXIBLE SPENDING ACCOUNTS (FSAs)-
You may choose a “Medical Expense” account or a “Dependent Care” account. You determine how much to contribute each plan year.
GROUP LEGAL PLAN-
This is a new legal services plan and is offered by “Hyatt legal services.” You may call 1-800-821-6400 during regular business hours for more information or Hyatt Legal Plans, Inc. At the website use the password “WVA”.
LIFE INSURANCE OPTIONS:
BASIC LIFE COVERAGE- This is in the amount of $10,000 of coverage and is provided to you at no cost–the University pays the full premium.
OPTIONAL LIFE COVERAGE- You may purchase additional coverage amounts, at your expense, up to a maximum of $500,000. Of course, the higher the selected coverage, the more expensive the premiums, however rates are very reasonable for this term life coverage.
DEPENDENT LIFE COVERAGE- You may to insure eligible dependents with amounts of coverage selected by you.
Your retirement plan is with TIAA-CREF, the largest pension plan of its type in the world! The basic benefit is your mandatory 6% base salary (pre-tax) contribution, is immediately matched by the University contribution of 6%. Thus, a total of 12% of your base salary is contributed to an account (or accounts) of your choosing with TIAA-CREF. Plus, you are immediately 100% “vested” in all of the contributions made to your account, yours and the University’s. These contributions go into what is called a “Group Retirement Annuity” or “GRA” for short.
You also have the option of choosing to participate in a “Supplemental” 403(b) or 457(b)) to which you may elect to contribute additional percentages of your salary (or dollar amounts) on a payroll deduction basis, and again, as pre-tax contributions. There are certain limits as to the total amount(s) which you are allowed by tax laws to contribute in any given year.
We also offer a Roth 403(b) which is a (Post-tax) contribution.
There are loan provisions associated with the plan and you may apply to borrow against your accumulated retirement contributions with favorable interest rates for repayment.
You may find out more at TIAA-CREF
THE STANDARD LONG TERM DISABILITY:
This coverage is provided through The Standard Disability and is available to ALL benefits eligible employees of the University. The basic benefit is approximately 60% of pre-disability income after an elimination period of 180 days. The employee pays the total cost of the premium for this coverage. LTD plan includes a provision that automatically makes your basic retirement plan contribution for you during any approved period of disability. This is an important feature that the Mountaineer Flex LTD plan does not have. The premiums for this plan are very competitive with the Mountaineer Flex plan and in some cases, they are lower.
WORKER’S AND UNEMPLOYMENT COMPENSATION:
These State provided benefit coverages are administered by the State of West Virginia and are provided at no cost to you. The University pays the complete cost for these benefits at the present time.
You may find out more at West Virginia Bureau of Employment Programs
VACATION, SICK LEAVE, AND PAID HOLIDAYS
If you are in an eligible class of employment, you are entitled to accrue annual (vacation) leave and sick leave according to your FTE and length of service with the University. For staff employees there are generally 11-12 paid holidays observed per year.
ADDITIONAL AND SPECIFIC INFORMATION ABOUT ANY OF THESE BENEFITS MAY BE OBTAINED BY CALLING MICHELE DeRITA, HUMAN RESOURCES REPRESENTATIVE, AT 304-336-8288.