ADMINISTRATIVE / RESEARCH / ATHLETICS / LIBRARY FACULTY
Available Benefits Summary1 / Overview
Medical Insurance – four plan designs; all premiums paid by Mines
Dental Insurance – two plan designs; all premiums paid by Mines
Vision Insurance – voluntary; if selected, premiums paid by faculty member
Disability Insurance
1. Long Term Disability insurance – premium paid by Mines
2. Accidental Death and Dismemberment Insurance – premium paid by Mines
3. Short Term Disability and Disability Retirement through PERA for PERA vested employees
Medical and Dependent Care Flexible Spending Accounts – voluntary, tax free, through employee
contributions
Life Insurance
1. Basic Life Insurance – 2x annual salary, premium paid by Mines
2. Optional Life Insurance up to $300,000 – if purchased, premium paid by faculty member
Other Insurance – paid by Mines
1.
Travel Accident Insurance
2.
Workers’ Compensation Insurance
3.
Liability Insurance
4.
Unemployment Insurance
Other Benefits
1.
Medical and Dependent Care Flexible Spending Accounts
2.
Limited enrollment in School of Mines courses with tuition waived
3.
Reduced tuition benefit for children of employees attending Mines
4.
State of Colorado Employee Discount Program
5.
Medicare
Retirement – Mines Defined Contribution Plan. Both employee and employer contribute to the plan. 36-
month cliff vesting. Faculty members with at least one year of Colorado PERA service credit may elect to
remain in the Colorado PERA Defined Benefit Plan.
Voluntary Retirement Plans
1.
PERA 401(k) and PERA Roth 401(k)
2.
State of Colorado 457 Deferred Compensation Plan
3. 403(b) and Roth 403(b)
Holidays – Twelve (12) observed during the calendar year
Leaves
1.
Sick Leave
6. Military Leave
2.
Jury/Court Leave
7. Family Medical Leave
3.
Medical Disability Leave
8. Funeral Leave
4.
Parental Leave
9. Injury Leave
5.
Annual Leave
1 Al benefits and premiums are subject to eligibility, content of plan documents or insurance contracts, and are subject to
change.
2017

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