Management Benefit Package in .PDF Format

GROUP MEDICAL

Employee has choice of two medical plans. Benefits for these plans are the same; however, the plans differ in premiums, deductibles, co-insurance and maximum out-of-pocket benefit. Employees electing the Network medical plan choose between two plans: one offers a 85/15 co-insurance with 100% coverage after meeting deductible and 15% of $5,000 of eligible expenses (single coverage- $53.64/mo., single+1 coverage - $107.26/mo., and family coverage costs $140.50/mo.) The other plan offers a 80/20 co-insurance with 100% coverage after meeting deductible and 20% of $10,000 of eligible expenses (single - $17.78/mo., single+1 - $35.56/mo., or family - $46.58/mo.) Employees electing either of the Network Medical Plans receive a monthly cash credit from employer to a medical flexible spending account. All Plans are self-insured by WITC. All premiums are taken on a pre-tax basis. Employees working less than 1560 hours per fiscal year will pay a pro-rated premium than previously stated for all plan choices. Employees not electing medical insurance coverage are eligible for $150/mo in lieu of medical insurance provided documentation of other coverage is on file with Human Resources.

GROUP DENTAL

College pays full monthly premium of $30.72/mo. for single or $103.11/mo. for famliy coverage under College’s self-funded dental program for employees working 1560 or more hours per year. Those working less than 1560 will pay a pro-rated premium.

GROUP VISION

Eligible employees have the option of participating in the group vision plan. Employee pays monthly premium for the vision coverage which is taken on a pre-tax basis the first pay period of each month. The monthly premiums are single/$6.98, employee + 1/$11.88, and family/$17.37.

FLEXIBLE SPENDING ACCOUNT

This optional program allows employees to set aside pre-tax dollars from their bi-weekly earnings to cover dependent care expenses as well as a variety of medical expenses not otherwise covered by insurance (e.g. deductibles, co-insurance, etc.). For those eligible employees participating in the network medical plan, WITC contributes $25/month for a family plan, $17.50/month for a single+1 plan, and $10/month for a single plan to the medical reimbursement flexible spending account for the employee.

GROUP TERM LIFE INSURANCE

Employee death benefit equals 1.5 times contract salary to a maximum policy of $100,000. Plan includes an Accidental Death & Dismemberment coverage as well as dependent coverage of $5,000 for spouse, $2,000 for dependent age 6 months to 19 years (25 if full-time student) and $1,000 for dependent 14 days to 6 months. College pays monthly premium.

LONG TERM DISABILITY

If employee becomes totally disabled, he/she is covered under an Income Protection Program that pays up to 90% of annual earnings, when integrated with other income. Sixty (60) calendar day waiting period. Maximum salary $124,000. Management employees pay annual premium (.0056 of salary). Employee payment of premium allows benefits to be non-taxable.

RETIREMENT

Employee participates in the Wisconsin Retirement System. College pays both employer and employee contributions (10.6% combined for 2008). WITC offers participation in a 403b pre-tax retirement plan of a match amount that is established according to 1.5% of base salary. Eligibility to participate begins with fiscal year of completing three years of full-time employment.

New Year's Eve Day
New Year's Day
Good Friday

Memorial Day
Independence Day
Labor Day

Thanksgiving Day
Friday following Thanksgiving
Christmas Eve Day
Christmas Day

*VACATION

15 Days (112.5 hrs)
Between July 1 of 1^st full year and June 30 of FY of 4th year anniversary

20 Days (150 hrs)
Between July 1 of FY following 4th year anniversary and June 30 of FY of 20^th year anniversary

25 Days (187.5 hrs)
Between July 1 of FY following 20th year anniversary and the end of employment

*SICK LEAVE

Ninety (90) hours of paid sick leave is awarded each fiscal year, cumulative to 900 hours. Six days (45 hours) per fiscal year can be used for family illness as defined in board policy.

PERSONAL LEAVE

Seven and one-half (7.5) hours per fiscal year is available for the employee to conduct personal business. This leave is non-cumulative and cannot be carried over.

OTHER LEAVES

Board policy permits other leaves including Bereavement, Child Rearing, Short Term Medical, etc. See Board Policy Manual or contact Human Resources Office for more information.