2019 Benefit Overview Faculty & Administrative Professional Positions
WSU offers comprehensive, employer/employee paid medical insurance. Employees have the option between ten plans, including Preferred Provider Plans, Managed Care Plans, Consumer Directed Health Plans (CDHP) and Accountable Care Plans. These plans are currently offered through Kaiser Permanente WA, Kaiser Permanente NW, and Uniform Medical. Wellness Incentives are offered to eligible participants, at the value of $125 per year. (Premiums on the back.)
Employees may choose from three dental plans, including two Managed Care Plans and one Preferred Provider Plan. Current providers include Uniform Dental, Willamette Dental and DeltaCare. There is no monthly premium associated with this coverage.
Tax-Free Medical Savings Accounts
These programs can assist with out-of-pocket health care costs.
- Flexible Spending Arrangement (Employee Funded) – This voluntary account is available with the non-CDHP Medical Plans.
- Health Savings Account (Employer/Employee Funded) – This account is automatically activated when enrolled in a CDHP Medical Plan.
WSU provides employees with a basic policy of $35,000 Term Life Insurance and $5,000 Accidental Death & Dismemberment (AD&D) at no cost. For a monthly premium, new employees can purchase Life Insurance coverage up to $500,000 as a guaranteed issue, and potentially up to $1,000,000 through medical underwriting. Additional AD&D amounts are available up to $250,000. Spouse/Registered Domestic Partner and dependent policies can also be purchased.
Long-Term Disability (LTD) Insurance
WSU provides a basic LTD policy at no cost to the employee. This policy will provide a maximum benefit of up to $240 per month after 90 calendar days of total disability. Employees may enhance this benefit by purchasing optional coverage, which insures 60% of their salary, up to the first $120,000 of annual salary.
Faculty and Administrative Professionals have the following retirement plan options:
- Teachers Retirement System (TRS) Plan 3 and Public Employees Retirement System (PERS) Plan 3 – a 401a plan
The TRS Plan 3 (for Faculty) and PERS Plan 3 (for Administrative Professional) are tax-deferred hybrid plans that offer a Defined Contribution component and a Defined Benefit component. WSU will make employer contributions to a Defined Benefit account; employees will make contributions ranging from 5% – 15% to a Defined Contribution plan.
- WSU Retirement Plan (WSURP) – Vendor, TIAA – a 403b plan
The WSURP (for Faculty and Administrative Professional) is a tax-deferred defined contribution plan. WSU provides 100% matching contributions. Both employee and employer contributions, ranging from 5% – 10%, based on age, are immediately and fully vested.
Voluntary Investment Plans
All employees have the ability to make additional contributions to one or both of the voluntary retirement programs up to the IRS maximum limits. The plans are the Voluntary Investment Program (VIP) through TIAA (a 403b plan) and/or the State of Washington Deferred Compensation Program (a 457b plan).
Sitter City and Years Ahead
These programs offer employees access to individual in-home caregivers including babysitters, full and part time nannies, pet sitters, tutors, and a nationwide network of individual senior care providers.
- Dependent Care Assistance Program (DCAP)
- Automobile and Homeowners Insurance
Payroll, Annual Leave and Sick Leave Basics
- Paid Twice a Month:
»Work done 1st – 15th is paid on the following 25th
»Work done 16th – 31st is paid on the following 10th
- 10 paid holidays per year; 1 paid personal holiday per fiscal year
- Faculty in 12 month appointment : 16.67 hours per month* & Maximum of 352 hours at any time
- Administrative Professional: 16.67 hours per month* & Maximum of 352 hours at any time
- Faculty in 11 month or less appointment: No annual leave accrued
- Full time employees earn 8 hours per month* & Unlimited accruals
*Part time employees earn prorated amount
2019 Monthly Medical Premiums
|PEBB Medical Plans||Employee||Employee & Spouse*||Employee & Child(ren)||Full Family|
|*or State-registered domestic partner|
|Kaiser Permanente NW Classic||$143||$296||$250||$403|
|Kaiser Permanente NW CDHP||28||66||49||87|
|Kaiser Permanente WA Classic||165||340||289||464|
|Kaiser Permanente WA CDHP||25||60||44||79|
|Kaiser Permanente WA Sound Choice||35||80||61||106|
|Kaiser Permanente WA Value||88||186||154||252|
This document provides a summary of the benefits available through employment with WSU. For more detailed information, please visit our website at www.hrs.wsu.edu/new-employee-information or contact our office at 509.335.4521 or firstname.lastname@example.org.