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Mgmt
Benefits
Faculty Benefits
Staff Assoc. Benefits
Mgmt-Sup. Benefits
AAPF Benefits
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Full-Time Faculty
Summary of Applicable Benefits
The following is a summary of benefits for full-time faculty covered by
the collective bargaining agreement between the County College of Morris and the Faculty
Association of the County College of Morris:
Listing of Benefits:
I. Statutory
Benefits
II. Retirement
Benefits
III. Health
/ Dental Benefits
A. State Health
Benefit Program
B. Delta Dental's
Premier Dental Program
C.
Health Benefit Waiver
IV. Wage
Replacement Benefits
A. Life Insurance
B. Long Term Disability
V. Paid Leave
A Sick Leave
B. Personal Leave
VI. Educational Assistance Benefits
A. Tuition
Reimbursement
B.
Professional Courses
B. Tuition
Waiver
VII. Other
Benefits:
A.
Employee Assistance Program
B.
Mileage Reimbursement
VIII. Convenience
Benefits
A . Credit
Union
B.
Direct Deposit
C.
Bookstore
D.
MICRA
E.
Buyer's Edge Purchasing Plan
IX. Savings
Plans (Optional)
A.
Supplemental Annuity Collective Trust
B .
Additional Contributions Tax-Sheltered
C. 457(b) Retirement Savings Plan
Brief Description of Benefits - Below is a brief description of
each benefit plan. These descriptions are not intended to provide all the rights,
privileges, or conditions for use of the benefits. Instead, this listing is
intended to provide employees with an overall view of their benefit program.
Detailed information will be provided to the newly hired
employee during their benefits orientation.
Statutory Benefits - As
required by law, the College offers the following statutory benefits:
- Social Security (FICA)
- Workers Compensation Insurance
- Unemployment Compensation Insurance
- New Jersey and Federal Family & Medical Leave
Retirement Benefits-
Full-time faculty will be enrolled in the
Alternate Benefit Program
(ABP) if they meet state's eligibility criteria.
New faculty who are currently enrolled in the
Public Employees Retirement
System (PERS) must choose to
either remain in
the PERS pension program or switch
to ABP.
The current vendors offering tax deferred annuity plans under the Alternate benefit
Program are:
AIG-VALIC
Metlife (formerly
CitiStreet)
Equitable
The Hartford
ING
TIAA-CREF
In addition,
the college offers
a 457(b) plan through TIAA-CREF which allows additional tax-deferred
contributions to help increase an employee's retirement savings. This benefit
is available to all employees regardless of pension plan participation.
Health Benefits:
- State Health Benefit Plan
- Membership in the N.J. State Health Benefit
Program. This program provides health insurance coverage through either: 1) A
Traditional Plan (Blue Cross/Blue Shield); 2) a choice from a number of Health Maintenance
Organizations (HMOs); or 3) a Point of Service Plan (New Jersey Plus Health Plan).
- Delta Dental of NJ - This plan provides single
(employee only) coverage in Delta Dental's
Premier Dental Program. Employees may elect to
purchase coverage for their dependents at their own expense.
- Health Benefit Waiver -
Employees eligible for health coverage who are covered by another health
plan are eligible to waive their health coverage at CCM. Those who elect to
waive coverage will receive quarterly, taxable, cash stipends according to
the level of coverage they waive. Coverage begins the first of the month
following a 60 day waiting period from the date of hire.
Wage Replacement Benefits:
-
Life Insurance -
Depending on which pension system your position has been assigned to, you
may be eligible for the following life insurance benefits through the
college. Enrollment in life insurance is accomplished through completion of
the pension enrollment application and coverage is effective on the date of
pension membership. Eligibility for coverage and the amount of coverage is
determined by the State.
Active members of the Alternate Benefit Program have life insurance
which provides death benefits to active employees up to 3 ½ times the
last 12 months of base salary earned by the member. For more information,
click on the following link:
http://www.state.nj.us/treasury/pensions/abpman.htm
Active members of PERS have life insurance which provides death
benefits to active employees up to 3 times the last 12 months of base salary
earned by the member. For more information, click on the following link:
http://www.state.nj.us/treasury/pensions/epbam/exhibits/handbook/persbook.pdf
Long Term Disability Benefits
- Depending on which pension system your position has been assigned to, you are
eligible to apply for the following life insurance benefits:
Vested members (1 year of
membership in ABP) of the ABP are eligible to receive 60% of regular base earnings for a disability
which lasts longer than six months. Vested members
(10 years of PERS membership) of PERS are eligible to receive a pension for
permanent disability under the guidelines outlined by the State.
Paid Leave
- Sick Leave -
Full-time faculty members are granted 10 sick leave days on September 1st of each
full academic year.
Faculty employed for one semester receive a prorated amount of sick days.
- Personal Leave - Full-time
faculty are entitled to two personal leave days during their first year of
employment. Faculty receive five personal leave days during each
subsequent year of employment.
Educational Assistance Benefits:
- Tuition Reimbursement - Each employee is
eligible to apply for reimbursement for up to 6 credits per year of approved graduate
courses, up to the prevailing Rutgers University in-state graduate rate. Reimbursement
for total group is capped at $20,000.
- Professional Courses - Subject to the availability of undesignated
funds from the Tuition Reimbursement Account, full-time faculty members may request
reimbursement for professional course relevant to the faculty member's responsibility at
the College. There is an overall reimbursement limit for the faculty
of up to $5,000.
- Tuition Waiver - Full-time faculty and their spouses
may enroll at CCM for credit courses on a tuition free basis for a combined total of 15
credits per fiscal year. Dependent children, age 23 or younger, may enroll at CCM
for credit courses on a tuition free basis for a total of 30 credits per
fiscal year.
Other Benefits:
- Employee Assistance Program
- Provides 2 free, confidential, professional counseling sessions for employees and
their covered family members
each year.
- Mileage Reimbursement -
Each employee is entitled to mileage reimbursement in accordance with the reimbursement rate
established by the Board of Trustees for use of their private automobile while conducting official College
business which requires travel.
Convenience Benefits - The
College offers the following benefits for the convenience of our employees:
- Credit Union - Employees and their families may join Tri-Co Federal Credit Union
- Direct Deposit- Employees can automatically deposit their entire
paycheck to a bank of their choice.
- Bookstore Discount - Employees receive a 15% discount on
all non-sale items, provided a 15% mark-up exists.
Faculty may also be able to purchase single copies of books at a 20%
discount, provided a 20% mark-up exists.
- MICRA - The Morris County Industrial Recreation Association is a non-profit
organization which provides sports programs including a
winter tennis team and summer softball team. Information is posted on the Benefit Information Web Page and in
the CCMemo (Internal Newsletter).
- Buyers Edge - The Buyers
Edge is a consumer buying service that guarantees the the lowest prices on most major
purchases for their 2.5 million members in the tri-state area. To access this web
page you'll need to have the College's user name and password. To obtain this
information, call the Human Resources Department (x-5035) or e-mail Ms.
Karyn Norberg mailto:knorberg@ccm.edu
Savings Plans (Voluntary) - Employees
have the option of tax sheltering money through the following plans:
- SACT - This site
provides a plan description of the Supplemental
Annuity Collective Trust. The SACT is a voluntary investment program that
provides retirement income separate from, and in addition to, your basic pension plan.
The program is only available to members of PERS.
- ACTS -
This site provides a plan description of the Additional Contributions Tax-Sheltered
(ACTS) Program. ACTS allows eligible employees to obtain supplemental
tax-deferred annuities with a variety of carriers through a salary reduction agreement.
-
457(b)- The college offers a 457(b) plan
through TIAA-CREF which enables you to set aside a portion of your salary on
a before-tax basis providing employees another way to save for retirement.
Employees may contribute as much as 100% of gross annual compensation,
generally not to exceed the allowable IRS stated maximum.
Questions related to any of the benefits programs or a desire for further information
may be addressed to Karyn Norberg, Benefits Manager at
ext. 5035 or mailto:knorberg@ccm.edu
or Rita Ragany-Bayer, Associate Director of Human Resources at ext. 5041 or
mailto:rragany-bayer@ccm.edu.
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