UNLV Employee Benefit Highlights

Here are some of the highlights with respect to employee benefits afforded to Classified Staff. This listing does not include all the facts and nuances about these programs, if you have any questions about these benefits, please contact our Benefits Office at (702) 895-0924.

BENEFITS SUMMARY
For Classified Staff

HEALTH BENEFITS

• Healthcare coverage effective after 90 days of employment and includes medical, prescription, dental, and vision
• Three choices for health care coverage
  • Low Deductible PPO Plan ($500 individual or $1000 family)
  • High Deductible Major Medical PPO Plan ($2000 individual or $4000 family)
  • HMO Plan
• PPO Participants also have a $2500 wellness benefit that covers preventive care including annual physicals and examinations.  The wellness benefit is not subject to a deductible and has no co-pay
• Employees participating the health plan also receive the following benefits:
  • $20,000 basic life insurance for the employee
  • $20,000 accidental death and dismemberment insurance
  • $2,000 basic life insurance for the employee’s dependents. 
  • Long Term Disability that pays a benefit of up to 60% of your pre-injury wage to a maximum of $7500 per month if you have been disabled for at least 180 days.
  • $50,000 business travel insurance

RETIREMENT BENEFITS

• Mandatory retirement plan through the Nevada Public Employees Retirement System (NVPERS)
  • - Vesting requirement of five years
  • - Employee has the option of participating under an employee/employer plan wherein the employee and the employer share equally in the contribution to PERS, currently at 10.5% each. The employee's contribution is on an after tax basis. Or the employee can choose an employer pay plan wherein his salary is reduced since the employer pays the total PERS contributions on the employee's behalf.
• Two supplemental retirement plans that are both tax-deferred
• - 403(b) plan – employees can defer as much as $15,000.00 for 2006.  Employees over age 50 can defer an additional $5,000.00 for 2006.  Employees can open an account with TIAA-CREF, VALIC, or Fidelity.
• - 457 plan – employees can defer as much as $15,000.00 for 2006.  Employees over age 50 can defer an additional $5,000.00 for 2006. Employees can open an account with ING or Hartford.
• No Social Security taxes are withheld.  However, Social Security benefits may be reduced if you are receiving retirement benefits under this plan.  That reduction is called the Windfall Elimination Provision (WEP).  If an employee has 30 years of substantial earnings under Social Security, they will not be subject to the WEP.

 MEDICARE / RETIREMENT HEALTH

• UNLV participates in Medicare.  The employee pays 1.45% of gross salary and the university pays 1.45% of gross salary. 
• Employees participating in the Active Employee Health Plan earn credits toward retirement health insurance which vests at five years and provides a maximum statutory benefit at 20 years of service. 

LEAVE & HOLIDAYS

• Annual Leave.  New employees working a full time schedule will earn ten hours of annual leave for each month of continuous full-time service. Employees will be eligible to use annual leave after six months of employment. Employees can carry over a maximum of 240 hours of annual leave from one calendar year to another. After 10 years of continuous service, annual leave accrual increases to 12 hours per month. After 15 years of continuous service, annual leave accrual increases to 14 hours per month.
• Sick Leave.  Full time employees earn ten hours of sick leave for each month of full time service. Sick leave can be used as soon as it is accrued. Sick leave is accrued to a maximum of 720 hours, banking guidelines apply after 720 hours.
• Holidays.  11 paid holidays per year including: New Year's Day, Martin Luther King, Jr.'s Birthday, President's Day, Memorial Day, Independence Day, Labor Day, Nevada Day, Veterans' Day, Thanksgiving Day, Family Day and Christmas Day.

LONGEVITY PAY

• Longevity payments are available bi-annually after eight years of continuous employment.

EDUCATIONAL BENEFITS

• Classified staff members who are employed at least half time are eligible for Grant-in-Aid Benefits for job or degree related courses available at any Nevada System of Higher Education institution at a substantially discounted rate.

SECTION 125 PLAN OPTIONS

• Health Insurance Premiums are pre-taxed under the University’s section 125 plan.
• Medical Flexible Spending Account
• - Employees can participate in a Medical FSA by contributing up to $6000 per fiscal year to cover out of pocket medical expenses including certain over the counter medication.
• - Medical FSA participants are automatically issued a debit card to use to pay for medical expenses.  The debit card functions as a regular MasterCard.
• Dependent Care Flexible Spending Account
• - Employees who have children under the age of 12 or adult dependents can defer up to $5000 per fiscal year to cover child care or elder care expenses.
• - Dependent Care FSA participants may enroll in automatic monthly reimbursement, eliminating reimbursement delays for out of pocket expenses. 
• FSA Administrative Fee.  Participation in the Medical FSA or Dependent FSA requires an administrative fee of $48 per year on an after-tax basis (for one or both plans).

SUPPLEMENTAL BENEFITS (EMPLOYEE PAID)

• Term Life Insurance – the university offers term life insurance through two companies (Western Insurance Services and Standard Life Insurance).  Both companies offer guarantee issue coverage for new hires:
• Standard Life Insurance – new hires are eligible to purchase up to $100,000.00 for themselves without proof of good health and up to $20,000.00 for their spouse.  Employees must elect coverage within 60 days of benefit eligibility.
• Western Insurance Services – new hires are eligible to purchase up to $150,000.00 for themselves without proof of good health and up to $30,000.00 for their spouse.  Employees must elect coverage within 60 days of hire.  Life Insurance policy is underwritten by Aetna.
• Long Term Care Insurance - The University offers a Long Term Care Benefit through Unum Provident.  New hires that elect coverage within 30 days of employment do not need to complete a medical questionnaire.  Open enrollment thereafter with proof of good health.
• Cancer Care Insurance – The University offers two types of cancer plans for employees through American Fidelity.  Both plans provide coverage for actual charges incurred by a covered person for the treatment of cancer, leukemia, or Hodgkins disease, subject to certain maximum amounts.  The plan is available to employees under the age of 65 who have not previously been diagnosed as having cancer.  Employee only and family plans are available.  Open enrollment, subject to health questionnaire. 
• Short Term Disability – The University offers Short Term Disability insurance through American Fidelity.  The plan pays a benefit of up to 60% of the employee’s pre-injury wage once the employee has been disabled for at least 15 days.  The plan provides benefits up to 26 weeks of disability.  Open enrollment; no proof of good health.
• Hospital Indemnity Plan – The University offers a cash-per-day “voluntary indemnity plan” through AFLAC.  The plan pays benefits for daily hospital confinement for illness or for accident related events.  Additional benefits are payable when you have a surgical procedure.  Cash benefits are paid directly to you.  Open enrollment.

PERQUISITES

• Use of University Facilities w/ ID Card
  • University Libraries
  • Food Service Facilities
• Discounts Available w/ ID Card
  • UNLV Bookstore, Selected Items 10%
  • Season Tickets to Rebel Athletic Events
  • Hamm Performing Arts Center, Selected Performances 
  • University Preschool for dependent children from 6 weeks to 5 years old
• Information Technology Assistance  
  • Selected University vendors offer material discounts on computer hardware & software through various Educational Contracts
  • Full-time employees with one year of serve may receive an interest-free loan up to $2,500 to purchase computer hardware & software. 
  • Employees may establish Internet & E-Mail Accounts for home use.