Benefits Summary

Life Insurance

Basic life insurance coverage in the amount of $25,000 is completely paid for by Georgia Perimeter College.

Optional supplemental life insurance equal to your salary multiplied by one, two, three or four times may be chosen. Rates are available from two companies.

Dependent Life Insurance is available equal to $10,000 for your spouse and each child between the ages of six months and 19 years, or between the ages of 19 and 26 years if they are unmarried, full-time students. Children at least two weeks old but less than six months old may be insured for $2,000.

Health Insurance

Eight health plans are available for election: The Preferred Provider Organization (PPO), PPO Consumer Choice, HSA-PPO Health Plan, HSA-PPO Consumer Choice, Kaiser Permanente, Kaiser Permanente Consumer Choice, the Blue Choice HMO and the Blue Choice HMO Consumer Choice. The employer pays 70% of the rate and the employee pays 30% for health insurance under the group plans approved for Georgia Perimeter College.

Retirement

Teachers Retirement (TRS) - This is a state plan which requires a 5.53% base salary employee contribution. The employer contributes 10.28% to support the retirement plan. Ten years of creditable service are required in order to be vested.

Optional Retirement Plan (ORP) - Option available to salaried employees only. This is a portable plan which requires a 5 % base salary employee contribution; employer contributes 9.24% to the (ORP) vendor who then invests these funds on behalf of the employee (Immediate vesting). The ORP vendors are VALIC, TIAA-CREF, and Fidelity Investments.

Social Security

All employees with benefits are required to contribute to Social Security. The Social Security taxes withheld from an individual’s pay are reflected in two deductions: 6.20% for the old age, survivors, and disability insurance tax, and 1.45% for the Medicare tax.

DENTAL INSURANCE (Optional)-

Two plans are offered:

Board of Regents

Under the Board of Regents Dental Plan, you may select the dentist of your choice. The plan pays 100% of the allowable charges for preventive dental services, and after a $50 annual deductible has been met, 80% of allowable covered charges will be covered, up to a maximum allowable benefit of $1,200 per individual per calendar year. A separate orthodontia benefit is also included. The lifetime maximum is $1000. Enrollment is allowed only during the first 31 days of employment.
Delta Dental Plan

Under the Delta Dental Premier plan, you may select the dentist of your choice. The plan covers preventive and reconstructive dental services. The plan has a $50 annual deductible and allowable charges will be covered up to a maximum allowable benefit of $1000 per individual per calendar year.

Short Term Disability Insurance (Optional)

Short term disability insurance replaces a portion of an employee’s income when he/she is totally unable to work due to an injury or an illness. Coverage begins from the first day of an accident or hospitalization or eighth day of disability due to sickness and continues during the disability for not more than 22 weeks. The weekly income benefit is 60% of the base salary at the time the employee becomes disabled.

Long Term Disability Insurance (Optional)

Long-term care insurance replaces a portion of an employee’s income when he/she is totally unable to work due to an injury or an illness. An employee must be totally disabled for a period of 5 months in order to be eligible for benefits. The monthly income benefit is 60% of the base salary at the time the employee becomes disabled.

Long Term Care Insurance (Optional)

Long-term care insurance helps cover the cost of convalescent care that an employee or a family member may need to receive at home, in an adult day care center, in an assisted living/residential care facility or in a nursing home.

Dependent Care Spending Plan

Under this plan, the employee can be reimbursed for dependent care expenses - such as childcare and day care fees - with before tax dollars. The total amount of money the employee may contribute is limited to $5,000 per year. Both the employee and his/her spouse must be gainfully employed unless the spouse is a full-time student or physically or mentally unable to care for him/herself. Both the employee and his/her spouse must work except under special circumstances. Care must be provided in a licensed/registered facility.

Health Care Spending Plan

This plan allows the employee to use pre-tax salary dollars for health care expenses. Under this plan, the employee makes a contribution to a spending account each pay period. Reimbursement is made to the employee when a claim, with appropriate documentation, is submitted for an eligible health care expense not covered by insurance. Limit is $5,000.

Health Savings Account (HSA)

This is a tax-advantaged account established to pay for qualified medical expenses for employees who are enrolled in the HSA-PPO plan. Limit is $3000 for an individual and $5950 for a family.

Vision Plan (United Healthcare) (Optional)

The United Healthcare Vision Plan provides employees with a comprehensive eye examinations as well as eye glasses (lens & frames) or contact lenses. Most services are provided at no additional cost above any applicable copayments.

Employee Assistance Program (EAP)

The Hartford’s Ability Assist Program offered by COMPSYCH helps you and your family cope with life from the everyday to the unexpected. Assistance is provided for job pressures, relationships, child/eldercare as well as financial and legal issues.

Direct Deposit

An employee may elect to have their net pay automatically deposited into their bank account on payday. This is available with any bank that participates with the Federal Automated Clearing House.

Worker's Compensation

All employees are covered by the provisions of Georgia Workers' Compensation Act. This act provides payment for medical and hospital expenses, as well as disability compensation; in the event an employee is injured while performing job duties.

It is imperative that proper reporting occurs, as Worker's Compensation claims cannot be paid under any other insurance, including disability income. Because of this, in order to be properly cover, notify your supervisor immediately upon incurring a work-related injury.

2011 Health Plan Rates.pdf

2011 Health Plan Comparison Guide.pdf