Health and Dental Insurance

Flexible Spending Accounts

Vision Insurance

Life Insurance

Retirement

Disability Insurance

Pay Periods

Credit Union

Tuition Waivers

Holidays

Vacation/Sick Leave

Employee Assistance Program

Health and Dental Insurance (Blue Cross/Blue Shield of Nebraska - Educators Health Alliance)

Educators Health Alliance Website

The health plan is a $ 350 deductible (Blue Shield Preferred PPO) plan with BC/BS of Nebraska.

The dental plan is also a BC/BS PPO plan and provides preventive, maintenance, and restorative coverage at 100% when services are provided by a PPO provider. NOTE: Rates below effective 9-1-10. Rates will not increase for 2011-12 fiscal year:

Single Health and Dental

Employee’s Cost - $81.30 per month

PSC contributes - $460.71 per month

Employee/Spouse Health and Dental

Employee’s Cost - $284.56 per month

PSC contributes - $853.70 per month

Employee/Child(ren) Health and Dental

Employee’s Cost - $250.68 per month

PSC contributes - $752.06 per month

Family Health and Dental

Employee’s Cost - $382.10 per month

PSC contributes - $1,146.30 per month

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Flexible Spending Accounts (ASIflex)

ASIflex Website

Medical Reimbursement Plan

allows you to pay out-of-pocket medical, dental, vision and/or hearing expenses using pre-tax dollars. This means your contributions to the Plan are taken before Federal, State and Social Security taxes are withheld from your wages. This plan applies to you and any of your eligible family members. The annual deduction limit on this Plan is $7,500. Employees must re-enroll each year to participate. By IRS law, you must "use or lose" the amount put into this account during the plan year – cannot be rolled over into next year's plan.

Dependent Care Reimbursement Plan

allows you to pay your dependent care costs (child or adult) with pre-tax dollars. The annual deduction limit is $5,000 per family for a married couple filing income tax jointly, or for a single parent. The limit is $2,500 for a married person filing separately. Employees must re-enroll each year to participate. By IRS law, you must "use or lose" the amount put into this account during the plan year – cannot be rolled over into next year's plan.

 

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Vision Insurance (Ameritas/VSP)

Ameritas website

PSC provides a voluntary vision insurance program which covers the cost of an eye exam and spectacle lenses every twelve months, and frames every 24 months. PSC will contribute 50% toward the cost of single vision coverage. Employee costs are as follows:

• Employee Only - $3.84
• Employee/Spouse - $14.12
• Employee/Child(ren) - $10.43
• Family - $20.67

More Details of Coverage

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Life Insurance (Madison National Life)

PSC provides a $30,000 policy, which includes a double indemnity accidental death benefit.

Additional Employee Coverage

Employee may purchase additional life insurance in the following amounts (these also carry a double indemnity accidental death benefit):

• $10,000 - $3.60 per month
• $20,000 - $7.20 per month
• $50,000 - $18.00 per month
• $100,000 - $36.00 per month
• $180,000 - $64.80 per month

Dependent Coverage

• Option 1:
  $2,000 for spouse and $2,000 for dependent child(ren) -- $0.80 per month
• Option 2:
  $10,000 for spouse and $5,000 for dependent child(ren) -- $3.25 per month

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Retirement (TIAA/CREF) - Teachers Insurance and Annuity Association/College Retirement Equities Fund

TIAA/CREF Website

Employees age 30 and above must participate in the retirement program, TIAA/CREF. Employees contribute 6% of gross salary to the retirement fund and PSC contributes 8% of the employee's gross salary.

Employees age 25 and having 2 years of college service may participate voluntarily. Previous employment at an educational institution could count toward the two years of service ruling. There is no participation for employees under age 25.

Supplemental Retirement Annuity (SRA) is also available.

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Disability Insurance (Madison National Life)

Long-term disability coverage is mandatory.  Employee pays 25% of the premium and PSC pays 75%.  Current premium is $.392 per each $100 of the employee’s gross monthly salary.  If approved, disability benefits begin on the 91st day of a total disability.  The maximum disability benefit payable is 2/3 of an employee’s gross salary.  Payments are adjusted if the insured is receiving other disability benefits.

Example:               

Gross Monthly Salary $2,000 ÷ $100 = $20 x .392 = $7.84

                              Total Monthly Premium = $7.84

State Contribution = $5.88

                                        Employee Contribution = $1.96

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Pay Periods

Payday is the last working day of the month. Direct deposit is mandatory.

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Credit Union

All employees are eligible to join the Nebraska State Employees Credit Union at no cost. Employees can join by simply opening an account and maintaining a minimum of $25.00 in a Share Savings Account. They offer low interest loans and many other services.

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Tuition Waivers

(Effective 7-1-11)

Full time employees are eligible to enroll for credit in courses during non-work hours for one dollar ($1.00)  per course on a space available basis. Enrollment and tuition waiver under this provision will be limited to one (1) course of not more than four (4) hours in each of the Fall and Spring semesters and one Summer term. One dollar ($1.00) covers the cost of tuition for purposes of this waiver program. Fees connected with course enrollment must be paid by the employee including the same institutional and class fees paid by all other students. Although online courses have a single rate, a portion of the rate consists of fees. The waiver provided for online courses will be based on the equivalent resident tuition rate for an on-campus course (beyond one dollar ($1.00). Employees must be admitted as students of the College and must have met all normal academic requirements for the courses taken.

A sixty-seven percent (67%) tuition remission shall be available for immediate family (children who are twenty-four (24) years of age or younger at the beginning of the semester or session or a spouse) of employees who enroll at a Nebraska State College on a space available basis. The remission does not apply to fees. Although online courses have a single rate, a portion of the rate consists of fees. The remission provided for online courses will be sixty-seven percent (67%) of the equivalent resident tuition rate for an on-campus course. The immediate family member must be admitted as a student of the College and must have met all normal academic requirements for the courses taken.

Employees may not enroll in courses detailed above simultaneously during the same semester. Only one (1) tuition waiver course may be taken per semester by an employee.

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Holidays

The State of Nebraska requires that state agencies observe twelve holidays each year. In many agencies, time off is taken on the actual date of each holiday. The State recognizes the unusual nature of educational institutions, however, and allows observation of the holidays to be shifted to alternative dates. The twelve holidays recognized by the State are listed below.

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Vacation/Sick Leave

Full-time (1.0 FTE) professional staff employees accrue vacation at the rate of 1.25 vacation days per monthly pay period. At no point in time will an employee be allowed to accrue vacation leave hours in excess of two hundred eighty (280) hours [or thirty five (35) days].

Support staff employees accrue vacation at the rate of 1 day (8 hours) per month. At no point in time will an employee be allowed to accrue vacation leave hours in excess of two hundred eighty (280) hours [or thirty five (35) days].

Faculty, full-time professional staff and full-time support staff shall accrue sick leave at the rate of one day per calendar month of consecutive service. The accrual of sick leave shall begin the first day of the first complete calendar month of employment, and unused sick leave may be accumulated up to and including one hundred eighty (180) days [one thousand four hundred forty (1,440) hours].

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Employee Assistance Program  (Continuum EAP)

 

We have partnered with Continuum (EAP) to provide a variety of services to help balance the daily challenges of work and home.  Employees and their family members can contact Continuum EAP for a wide variety of personal or work related problems.  Work/Life balance, stress, drug and alcohol abuse, communication difficulties, marital and family problems, depression, anxiety, loss, grief and transition are some of the areas that EAP can be of assistance.

 

EAP is a confidential program that addresses a variety of personal and workplace issues such as:

• stress
• marriage/relationship concerns
• family concerns
• substance abuse                              
• depression
• anxiety

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last updated: 7-1-11