SAINT MARY’S COLLEGE BENEFITS IN BRIEF FOR PART-TIME
HOURLY AND SALARIED EMPLOYEES
June 1, 2016
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BENEFIT |
WHO PAYS |
WHAT YOU RECEIVE |
Retirement Plan |
Saint Mary’s |
Employees are covered under the Teacher's Insurance and Annuity Association-College Retirement Equities Fund (TIAA-CREF). The program is vested immediately. The level of participation is as follows:
|
Supplemental Retirement Annuity Plan |
You |
Participation optional. By means of a salary reduction agreement, a portion of your taxable income is set aside for retirement benefits on a pre-tax basis. Variety of investment options available |
Vacation |
Saint Mary’s |
Part-time employees are eligible to earn vacation from date of hire. Accruals are based on hours worked |
Sick Time |
Saint Mary’s |
Part-time employees are eligible to earn sick leave. Sick time is accrued based on hours worked. Hourly employees must complete 90-day probationary period before accruals begin |
Paid Holidays |
Saint Mary’s |
Approved holidays are paid for regularly scheduled hours if it is a regularly scheduled day in your position. |
Staff Discounts and Privileges |
|
Your Saint Mary’s ID will allow you a 20% discount at the Saint Mary’s College bookstore, as well as a discount at the Notre Dame Bookstore. Discounts are also available for many cultural and athletic events. Employees also may access the library, and athletic facility. |
This Benefits in Brief attempts to summarize benefits. For a complete explanation of the benefit, the Employee Handbook and/or Summary Plan Description serve as the definitive source on the benefits available. |