We offer a competitive benefits package to meet the diverse needs of all employees and their family members.
Staff are eligible for most benefits if they are .50 or greater full time equivalent.
To be eligible for benefits, a faculty member will satisfy the following criteria:
- Teach at least 3/6 course load for the academic year as determined each September 1, and
- His/her salary is determined by the Faculty Salary Scales (part-time faculty paid on a per-course basis are not eligible for benefits),
- Eligible part-time faculty members receive pro-rated benefits based on their full time equivalency percentage.
STAFF: 10 per year (8 designated & 2 floating holidays)
UNION STAFF: 10 per year (9 designated & 1 floating holiday)
FACULTY: Based on the class academic calendar
Exempt (salaried) Employees: 22 days per year
Non-Exempt (hourly) Employees: 15 days during the 1st and 2nd year of employment, 18 days during the 3rd and 4th year of employment, and 22 days in the 5th year of employment and greater.
Vacation is accrued in hourly increments each pay period. Part-time regular employees who work 20 hours or more per week receive pro-rated benefits based on their full-time equivalent percentage. Accrual begins on the first of the pay period following the date of hire.
Eligible employees accrue 1 day per month after 90-day orientation period to a maximum of 120 accumulated days. Part-time regular employees at .50 FTE or higher receive pro-rated benefits based on their full-time equivalent percentage.
SHORT TERM DISABILITY
Employees at .50 FTE or greater are eligible for the College’s Short Term Disability Plan (STD). This plan is designed to provide salary continuation during periods of absence due to illness or injury. Benefits are provided until the end of the disability or until the employee becomes eligible under the Long Term Disability Plan at 26 weeks.
Employees who are at .75 full time equivalency or greater are eligible for coverage. The monthly benefit for any month is 60% of the employee’s monthly basic earnings at the time of disability, to a maximum of $5000.
GROUP MEDICAL COVERAGE
Employees working .50 full-time equivalency (FTE) or above may participate in either of Augsburg’s 2 group medical insurance plans. Both plans are offered by Health Partners. Coverage begins the first day of the month on or following the date of hire. Preventive care, including routine physicals, cancer screenings, and prenatal and well child visits are covered at 100% with no deductibles. Both plans have pro-rated premiums for part-time employees.
GROUP DENTAL COVERAGE
Employees working .50 FTE or above may participate in Augsburg’s group dental coverage through Delta Dental. The plan uses the Delta Dental Preferred Option network of dentists and provides coverage for most services, including preventive services, restorative services, and orthodontics for dependents under the age of 19. There is an annual deductible of $25 per person/$75 per family for non-preventive services. Coverage begins the first day of the month on or following the date of hire.
GROUP LIFE AND ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE
A group term life insurance policy is provided for all employees working over .50 FTE. The coverage is equal to 1 x base salary. The premium is paid by the College. The Accidental Death and Dismemberment policy doubles the amount of life insurance received if the death is accidental. It also pays partial benefits for the loss of limbs. Coverage begins the first day of the month on or following the date of hire.
VOLUNTARY LIFE AND ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE
An employee may choose to purchase additional life insurance and accidental death and dismemberment insurance through this voluntary life insurance program. Upon becoming eligible for this plan, the employee can purchase life insurance up to 5 times base salary or $200,000, whichever is lower, without proof of insurability. Additional life insurance may also be purchased for the employee’s spouse and/or dependents. Coverage generally begins the first day of the month following the date of hire.
Voluntary employee participation may begin at any time. The matching part of the retirement plan may begin after one year of service. The plan has immediate vesting. For the match, employees contribute 5% of their base salary on a pre-tax basis and the College matches with a 5% contribution. After 4 years of matching participation in the Plan, the College contributes 10%, and no mandatory contribution is required by the employee. Employees may choose to make additional voluntary contributions, however. Participation in the retirement plan becomes mandatory after three years of continuous service and attaining the age of 30.
FLEXIBLE SPENDING MEDICAL & DEPENDENT CARE REIMBURSEMENT PROGRAM
Employees working .50 FTE or greater may participate in this plan. This Plan allows an employee to purchase benefits with pre-tax dollars. If an employee is eligible to participate in the Plan, an employee can have pre-tax contributions made from their paycheck to the Plan. An employee can establish a Health Care Expense Account and use that account to cover family health care expenses not covered by insurance and/or a Dependent Care Expense Account and use that account to cover certain expenses involved in caring for dependents while working. Employees may receive reimbursement by check or by direct deposit.
Benefits eligible employees and their spouses may take up to two classes per term according to the policy guidelines. Dependent children of benefits-eligible employees may be eligible for tuition benefits at Augsburg College, ACTC Colleges, ELCA Colleges, and other colleges according to each program’s requirements. There is a one-year waiting period for benefits.
All Augsburg employees are paid on a biweekly basis.