Summary of Benefits

Eligibility – Full-time

 

Benefit Faculty Salaried Staff Hourly Staff
Medical/Dental/Vision Insurance Premiums vary with option selected.
Flex Spending Accounts
Medical Reimbursement and Dependent Care Reimbursement
 Yes  Yes  Yes
Life Insurance  $50,000  $50,000  $50,000
L/T Disability Insurance 60% of salary after 90 days of disability; coverage effective at beginning of employment
FICA – The institution matches all dollars deducted for FICA taxes and the total is deposited in employee’s SS account  Yes  Yes  Yes
Retirement (403B TSA)
Choices of investments are with TIAA/CREF and VALIC
SRA's available for contribution by employee through payroll deduction
Educational Benefits
Benefit only applies to classes taken at Cornerstone University or GR Theological Seminary

Employee: 100% remission in all CU programs after 1 year of employment
Spouse: 50% remission in all CU programs after 1 year of employment
Dependents: 100% remission for tuition after 1 year of employment

Vacation Days N/A 10 days the 1st & 2nd year
15 days the 3rd thru 5th year
20 days after the 5th year
10 days the 1st year
15 days the 4th year
20 days the 10th year
Sick Days 9 days per year
Accumulate up to 65
10 days per year
Accumulate up to 65
10 days per year
Accumulate up to 65
Personal Days N/A N/A 2 days per year
Lunch Plan in Cafeteria Yes Yes Yes
Moving Allowance Yes Upper Management Only No
Free Admission to Athletic Events Yes Yes Yes
Campus Bookstore Discount 20% Yes Yes Yes
Employee Development
Includes seminars, and conferences, This is not an employee benefit or right, but a professional development activity.
There is a fixed dollar limit per year per faculty member expensed at the discretion of the Division Chair. Covered for for seminars and conferences under discretion of the Cabinet Officer of the respective department. Covered for seminars and conferences under discretion of the Cabinet Officer of the respective department.