Human Resources: Benefits

BENEFITS

WHO PAYS

WHEN ELIGIBLE

Medical

BGSU and you

First of month after employment, provided on-line elections are completed within 31 days of hire and all required documentation submitted within 31 days of hire

* There are two plans to choose from for medical benefits. Both plans are provided under a Managed Care Plan referred to as a Preferred Provider Plan (PPO). These plans provide benefits under a Preferred Provider Network of physicians and hospitals. A summary of these plans is available at the The Office of Human Resources/Benefits department office or via our web page. BGSU has a working spousal rule which is, if the employee's spouse works full time, the spouse's employer offers medical coverage and the spouse's employer pays for at least 70% of the cost of health care, the spouse of the BGSU employee must pick up single coverage with his/her employer for primary coverage and the BGSU plan will be secondary if the BGSU employee elects to cover his/her spouse.

Dental

BGSU and you

First of month after employment, provided on-line elections are completed within 31 days of hire and all required documentation submitted within 31 days of hire

* Plan pays based on usual, customary and reasonable rates at 100% for preventative and diagnostic services; 80 percent (after $50 calendar year deductible) for basic maintenance and restorative, endodontic and periodontal services; 50 percent (after deductible) for prosthodontic services. Maximum benefit of $1,500 per person per calendar year. Orthodontic benefits available for dependent children up to age 19; lifetime maximum benefit payable of $1000.  BGSU has a working spousal rule which is, if the employee's spouse works full time, the spouse's employer offers dental coverage and the spouse's employer pays for at least 70% of the cost of dental coverage, the spouse of the BGSU employee must pick up single coverage with his/her employer for primary coverage and the BGSU plan will be secondary if the BGSU employee elects to cover his/her spouse.

Prescription Drug Plan

BGSU and you

First of month after employment, provided on-line elections are completed within 31 days of hire and all required documentation submitted within 31 days of hire

Effective January 1, 2011, prescription drug benefits are provided by Express Scripts, which has network pharmacies. When using network pharmacy, the Plan pays 80 percent if the brand name is on the primary drug list and pays 60 percent if the brand name drug is not on the primary drug list. (primary drug lists can change on a quarterly basis-see Express Scripts web site) The faculty member will pay $6.00 for each prescription that is filled with a generic at the retail pharmacy and will pay $12.00 for the generic if the prescription is filled through the Home Delivery Program. The prescription drug card program allows you to purchase up to a 30-day supply at the retail pharmacy and up to 90-day supply can be purchased through the Home Delivery Program. Effective January 1, 2002, there is a cap on the amount the faculty member will pay per script per fill at the retail or through the Home Delivery Program. The cap is $100 per script per fill up at the retail pharmacy for Brand Name Drugs on the Primary Drug List and $300 per script per fill through the Home Delivery Program. The cap is $125 per script per fill up at the retail pharmacy for Brand Name Drugs not on the Primary Drug List and $375 per script per fill through the Home Delivery Program. Home Delivery Program forms may be obtained from the Express Scripts web site.

Voluntary vision coverage was first offered January 1, 2010 and is administered by Vision Service Plan (VSP). Enrollment into this plan is for two years and it is paid for "after tax." A summary of this plan is available at the Office of Human Resources or via our web site.

Retirement

BGSU and you

  As a new member to STRS on or after July 1, 2001, there will be an option to choose one of three plans under the State Teachers Retirement System. For members in STRS with 5 years or more service as of July 1, 2001, you remain under the Defined Benefit Plan.

State Teachers Retirement System (STRS)

1. Defined Benefit Plan - Benefits received depend upon years of service, age at retirement from the system, highest three-year average salary and payment options. The option also features survivor and disability protections, as well as access to health care coverage at time of retirement.

Employee contribution to STRS - effective July 1, 2003, employee contributions for earnings on or after July 1 will be 10%

University Contribution to STRS -14% of earnings

2. Defined Contribution Plan - Under the Defined Contribution Plan, members make all investment allocations choosing from nine investment options managed by STRS. Benefit amount depends entirely on contributions and investment gains or losses. The amount of benefits eligible at retirement depend upon the total amount in the account. Members are vested immediately for their contribution and after one year for the BGSU contributions.

Employee contribution to STRS - beginning July 1, 2003, employee contributions for earnings on or after July 1 will be 10%

University Contribution to STRS -14% of earnings (subject to legislative change)

3. Combined Plan - This plan option features components of both the defined benefit and defined contribution plans. Employer contributions fund a defined benefit plan that offers retirement income at age 60 with at least 5 years of service, as well as survivor and disability protection and access to health care coverage in retirement. Member contributions are deposited in a defined contribution account to be managed by the member.

Employee contribution to STRS - effective July 1, 2003, employee contributions for earnings on or after July 1 will be 10%

University Contribution to STRS -14% of earnings

  More information on STRS options can be found at STRS website.

Upon completion of: Service/ Minimum Age

• 30 years at any age
• 25 years at age 55
• 5 years at age 60

Disability retirement available after 5 years of service credit

NOTE: University will pick up required faculty contributions and send this amount directly to STRS or the ARP carrier selected on behalf of the faculty member, thereby reducing the taxable gross salary. The amount is deemed to be deferred income for federal income tax purposes and is not taxed until ultimately received as part of STRS pension benefits or as an optional refund at termination of employment in Ohio, or withdrawal from the ARP account.

University faculty and staff do not contribute to Social Security. However, individuals hired after April 1, 1986, do pay 1.45 percent of gross salary for Medicare coverage.

Alternative Retirement Program

BGSU and you

 For full-time faculty members who are eligible for health care benefits hired on or after January 25, 1999

Note: An Alternative Retirement Plan (ARP) is a defined contribution plan which allows for immediate vesting of both the employer and faculty contributions. This option allows you to select one carrier from 7 approved ARP carriers. Investment of money is controlled by the faculty member. The new full-time faculty member can elect this defined contribution retirement plan in lieu of participating in STRS. Election must be made within 120 days from the effective starting date of contract.

Faculty Contribution to ARP - 10% of salary

University Contribution to ARP - 14% of salary and is subject to change. Please note that because of the 3.5% unfunded liability to STRS, only 10.5% of the University's contribution goes to your ARP account.

Retirement Service Credit - only if you elect STRS Defined Benefit or the Combined Plan as your retirement option

You

* STRS members may be able to purchase Ohio valued credit for such items as out-of-state public service, federal employment, military service credit, and other Ohio credit subject to law. Note: Credit may not be purchased if the service is to be used in the calculation of a benefit to be paid in another retirement program.

Faculty Improvement Leaves

BGSU

Tenured faculty: after seven (7) years of service

Leave with partial or full salary. Leave subject to approval by a review committee.

Vacation

BGSU

Refer to the Administrative Staff Benefits-in-Brief regarding eligibility

Vacation is earned at the rate of 14 hours and 40 minutes per month (22 days annually) for those faculty members on a fiscal year contract only. Faculty members with contracts for less than 12 months and those who receive time off with pay during academic recess are not eligible for vacation.

Life Insurance and Accidental Death/Dismemberment

BGSU

Upon employment, effective first day of month following date of hire

Choice A is based on employee's contract salary; 2 1/2 times salary to $150,000 maximum. Cost is shared by BGSU and employee through payroll deduction. Accidental Death and Dismemberment benefits are included.

Choice B is a $50,000 life insurance policy that is paid for by BGSU. Accidental Death and Dismemberment benefits are included.

Long-Term Disability

BGSU

One year following employment

Along with Choice A of life insurance, after six months of total disability, policy pays 60 percent of monthly salary (but not more than $5,000) payable until 70th birthday except for 24-month maximum benefit for nervous/mental disabilities.

Along with Choice B of life insurance, after six months of total disability, policy pays 60 percent of monthly salary (but not more than $2,000) payable until 70th birthday except for 24-month maximum benefit for nervous/mental disabilities.

Travel Accident Insurance

BGSU

Upon employment

$50,000 accidental death when traveling on University business. Dismemberment benefits range from $12,000 to $50,000.

Dependent Life Insurance

You

First of month after employment, provided on-line elections are completed within 31 days of hire and all required documentation submitted within 31 days of hire

* $10,000 for spouse; $5,000 for each child (6 months to age 21) and $500 for each child (15 days to 6 months).

Tax Deferred Annuity Program

You

Upon employment

* An additional portion of one's salary may be deferred through purchase of annuities and other investment products offered by participating contractors subject to pertinent Internal Revenue Service rules. (This additional portion is optional).

Sick Leave

BGSU

Upon employment

Sick leave accrues at the rate of 15 days per year. At retirement (with at least 10 years of State service). 1/4 of accrued sick leave may be paid in cash (maximum -30 working days) or applied to paid up life or annuity insurance.

Family and Medical Leave Act (FMLA)

You

Upon employment

Employees may find it necessary to take leave from their jobs for a temporary period to address certain family responsibilities or their own serious health conditions. BGSU complies with the Family and Medical Leave Act of 1993. This FMLA leave runs concurrently with existing leave policies. Under the FMLA guidelines, the University will grant an eligible faculty member up to 12 weeks leave during a 12-month period. Information packets are available in the Office of Human Resources.

Military Leave

BGSU

Upon employment

Military leave with pay for employees belonging to Ohio National Guard or a reserve component of the armed forces. Not to exceed 176 hours/ 22 working days.

Jury Duty

BGSU

Upon employment

Full pay; compensation for jury duty to be deposited at the Bursar's Office, unless jury duty occurs outside normal working hours or during vacation.

Faculty Fee Waiver Policy

BGSU

Please refer to section B-11.D3 of the Faculty Charter, located at http://www.bgsu.edu/downloads/bgsu/file916.pdf

Dependent Fee Waiver Policy for Full-Time Faculty

BGSU

Please refer to section B-11D3 of the Faculty Charter, located at http://www.bgsu.edu/downloads/bgsu/file916.pdf

Travel Reimbursement

BGSU

Upon employment

Covers authorized travel, lodging and meals while on University business.

Credit Union

You

Upon request

Payroll deductions available for Glass City Federal Credit Union, Inc. (a non-University agency).

Discounts

BGSU

Upon employment

Available to full-time employees for purchases at the Bookstore, Ice Arena Skate Shop, and for athletic tickets.

Banking Services

Upon employment

Automatic deposit of paychecks to a bank, savings and loan, or other federally-insured financial institution is mandatory.

Worker's Compensation

BGSU

Upon employment

State compensation and medical plan for work-related illness or injury.

Unemployment Compensation

BGSU

In accordance with Ohio law

Compensation for periods of unemployment as determined by Ohio law.