20% off additional prescription glasses and Vacation (Exempt Employees) Health Insurance sunglasses Twenty working days per year (July-June) Eligible the first of the month following first day Contacts covered up to $120 every 12 months Pro-rated first and last year of employment of employment, or coinciding with first day of Employees pay entire cost Pro-rated for less than full-time, 12-month employment if on the first of the month employees Administered by Blue Cross/Blue Shield Flexible Spending Accounts $250/$750 deductible, $1,000/$2,300 OPM (out Eligible the first of the month following first day Vacation (Non-Exempt Employees) of pocket maximum) of employment, or coinciding with first day of Eligible first day of employment - 80/20 co-insurance for Preferred Provider employment if on the first of the month - 70/30 co-insurance out of network Hours are earned based upon the hours actually Medical reimbursement account - $2,500 pre- worked, excluding overtime Drug card program $1,000/$2,000 OPM tax contribution limit - generic: $10 or 10% co-pay* Dependent daycare reimbursement account - - brand: $20 or 20% co-pay* Years of Service Earned Vacation Days - *whichever is greater $5,000 pre-tax contribution limit 1 through 5 10 (.0385 per hour) - *$100 deductible on brand name only 6 through 10 15 (.0578 per hour) College currently pays 90% of employee only Life Insurance 11 + 20 (.0770 per hour) Eligible the first of the month following first day and 80% of employee and dependent(s) premium cost of employment, or coinciding with first day of Part-time employees earn vacation in proportion employment if on the first of the month to the actual hours worked Alternative coverage options available for individual, spouse/DP, and children One and one-half times annual salary or Must complete introductory period prior to using $20,000, whichever is greater vacation Dental Insurance College pays entire cost
Personal Time Off (Non-Exempt Employees) Eligible the first of the month following first day of employment, or coinciding with first day of Optional Supplemental Life Insurance Two working days per year (July – June) employment if on the first of the month Guarantee issue if enrolled within first 30 days Pro-rated first year of employment Administered by Delta Dental of Iowa of employment: $200,000 employee, $50,000 Pro-rated for less than full-time, 12-month 100% coverage, preventive and diagnostic spouse, $5,000 or $10,000 child(ren) employees $50 annual deductible, basic and major Coverage available up to the lesser of five times salary or $500,000, spousal coverage Sick Leave procedures - 80/20 co-insurance for basic procedures available up to one half of employees insured Ten working days per year (July-June) - 50/50 co-insurance for major procedures amount Pro-rated first year of employment $1,500 per person calendar year benefit Employee pays entire cost Pro-rated for less than full-time, 12-month Orthodontia for dependent children; lifetime employees maximum $1,500 per child Travel/Accident Insurance
College currently pays 90% of employee only Eligible first day of employment Holidays (nine) and 80% of employee and dependant(s) Provides a minimum of $100,000 coverage for New Year’s Day premium cost employee while traveling on college business Martin Luther King Jr. Day Coverage options for individual plus one or more College pays entire cost Memorial Day dependents available May be extended to 24-hour coverage at Independence Day employee’s expense up to 10x salary or Labor Day Optional Vision Insurance $750,000 Thanksgiving Day Eligible the first of the month following first day Day after Thanksgiving Day of employment, or coinciding with first day of Short-term Disability Insurance Day before Christmas Day employment if on the first of the month Eligible the first of the month following first day Christmas Day Exams covered every 12 months of employment, or coinciding with first day of (Offices close the week between Christmas Day and Prescription lenses for single vision, lined bifocal employment if on the first of the month New Year’s Day, however some employees may be or trifocals covered every 12 months 10 day elimination period asked to work during this time.) Covers one set of frames every 24 months up to Benefit equals 70% of regular base pay for up $150, plus 20% off additional out of pocket to 180 days expense College pays entire cost
Long-Term Disability Insurance Association (GLCA) schools; same eligibility Eligible after one year of employment or first of rules as at Grinnell College the month following date of hire if enrolled in a plan immediately prior to coming to Grinnell ACM Schools GLCA Schools Written verification from previous employer Beloit College Albion College required Coe College Antioch University Six-month elimination period Colorado College Denison University Cornell College DePauw University Monthly income protection for total disability Knox College Earlham College Benefit equals 66-2/3% of monthly salary up to Lake Forest College Hope College $15,000 with maximum monthly benefit not to Lawrence University Kalamazoo College exceed $10,000 Luther College Kenyon College BENEFITS Continues college’s retirement plan contribution Macalester College Oberlin College College currently pays entire cost Monmouth College Ohio Wesleyan University Ripon College Wabash College Retirement Plan Willamette University Eligible after one year of employment or the first Wittenburg University The College of Wooster SUMMARY plan entry date if previously fully vested in an employer sponsored retirement plan Written verification from previous employer Cash scholarship award of $3,500 per year (per required child) while attending other accredited institution STAFF EMPLOYEES Administered by TIAA-CREF under eligibility requirements above
College contributes 10 percent of annual actual salary Maximum of a 4 year benefit per child This brochure provides a summary of Grinnell Must work 1,000 hours per calendar year College’s benefit plans. Employee and spouse/DP may take courses Employee directs investment of college free at Grinnell College; limited to two courses contribution per semester for spouse/DP, one course per Please address any questions to the Office of Employee is eligible to participate in voluntary Human Resources at 641-269-4818 or semester for employee; approval of registrar tax sheltered supplemental retirement annuity [email protected] required; course must have space available (SRA) upon hire
Jana Johnson, Full-time employees may qualify for the Relocation Allowance Associate Director of Human Resources educational assistance program after one year Grinnell offers a relocation allowance for employees [email protected] of employment who must relocate to accept our employment offer.
The allowance amount will be included in your offer Stacy Koehler, Employee Assistance Program letter. Grinnell currently has a contract with Bekins Associate Director of Human Resources Van Lines, which guarantees a significant discount Eligible first day of employment [email protected] on the ICC tariff rates and free insurance of up to Agreement with Employee & Family Resources $50,000 for the items moved. We have arranged for for employees and families Jim Mulholland, direct billing of allowable relocation expenses to the Five diagnostic sessions per family at no cost Director of Compensation and Assistant Treasurer college from Bekins and U-haul. per reason to call; group therapy sessions count [email protected] as one-half session per year Educational Benefits College currently pays entire cost The information provided in this brochure is only Tuition remission (of 90%) to Grinnell College for Additional sessions available, may be covered a summary. Insured benefits are governed by the dependent children of employees; children must by health insurance detailed language in the insurance contracts and qualify for admission; employee must have been Summary Plan Descriptions. Uninsured benefits employed full-time by the college for two years Other Benefits are governed by the detailed language in the Free admission to most college events for employee handbooks. Grinnell College reserves employees and family the right to add, change, or terminate any Free use of Bear Recreation and Athletic Center provisions addressed in this summary statement. Exchange program with Associated Colleges of 10% discount at the bookstore on most items the Midwest (ACM) and Great Lakes College