| ETHICS REPORTING |
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Summary for eligible employees at Philadelphia
University
as of January 1, 2008 (CLICK HERE FOR PDF VERSION)
Employees please click here for our benefits providers' contact information.
1. Social Security & Medicare Program
7.65% of first
$102,000 of salary and 1.45% above $102,000
2. Medical Insurance - Personal Choice Plans and Keystone HMO Plan
Premium for Employee partially paid by
University
Premium for Employee's dependents partially paid by Employee
Effective
1st of the month following employment
3. Dental Insurance - MetLife
Premium for Employee paid by
University
Premium for Employee's dependents paid by Employee
Effective 1st of the month following employment
To find a participating MetLife Dentist, go to www.MetLife.com/dental
4. Life Insurance Program - Standard Insurance Company
Death benefits equal to 2 times annual salary
Reduced
benefit after age 65,
University pays premium
Effective 1st of the month following employment
Additional individual insurance available with TIAA
5. Retirement Program - TIAA-CREF
Contribution by
University-9% of base salary, when employee contributes a minimum of 5% of base salary
after the waiting period
Required after 5 years of service and age
26
Salary reduction and SRAs available
Waiting period - one year following employment, minimum age
21; individuals with 1 year of full-time employment in higher education may
waive the waiting period.
For more information regarding TIAA-CREF, go to www.tiaa-cref.org
6. Long Term Disability Insurance - Standard Insurance Company
Premium paid by
University
Waiting period - one year following employment
7. Health Account + - Flexible Spending Accounts
The Medical FSA allows you to establish a pre-tax account for planned out-of-pocket medical expenses, such as deductibles, co-payments and services that insurance does not cover. The Dependent Care FSA allows you to put money aside for child and dependent care expenses such as day care and babysitting fees. Maximum limits apply.
8. Tuition Remission
- Undergraduate
(1) Tuition remission at Philadelphia University for employee, spouse and/or dependent children of full-time employees based upon remission schedule.
(2) One-half tuition remission at Philadelphia University for spouse or dependent children of part-time employees with over 5 years of service. - Graduate
Full tuition remission at Philadelphia University for full-time employees only
9. Tuition Exchange
Tuition free or fixed dollar award at most member colleges and universities for dependent children of full-time Philadelphia
University employees
Waiting period - two years following
employment
For a listing of participating colleges and universities, go to www.tuitionexchange.org
10. Long Term Care Insurance
Group discounted rates available through John Hancock Life Insurance Company. This voluntary benefit for eligible employees and family members will offer protection in the event of a long term care situation.
11. Credit Union
Available through Philadelphia Federal Credit Union
http://www.pfcu.com/
12. Computer Purchase Program
Discounts on computers and
printers. Interest free and payroll deduction with $100 down.
Click here for more
details>>
13. Travel Insurance
$350,000 death benefit for employees traveling on
University business
14. Subaru VIP Purchase Program
Discounts available to faculty, staff and students
15. Verizon Wireless Program
Employees of Philadelphia University will receive an 18% Discount on monthly Verizon Wireless service charges if you switch from another carrier to Verizon Wireless. If you are an existing Verizon Wireless customer, you can apply the 18% discount to your monthly
invoice.
For additional information, please contact Jim Reed, Philadelphia University's Verizon Wireless Sales Representative. He can be reached at 609-668-8326 or via e-mail at James.Reed@VerizonWireless.com. You can also view additional discounts offered to PhilaU employees:
https://b2b.verizonwireless.com/tbmb/rylEnterEmailAddress.do
16. Other
Direct deposit, employee discount at University Store, discount program at Ravenhill Dining Services, library privileges, mail services, tennis courts and fitness center, campus events, check cashing at the Cashier, and I.D. card as a debit card
