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Employee Benefits
All policy and procedures regarding employee benefits can be found in the Management
Manual Section IV. For specific information concerning the following employee
benefits, please reference the sections indicated:
* Annual Leave Section IV-3.010
* Holidays Section IV-2.010
* Personal Leave Section IV-3.010
* Professional Development Opportunities Section IV-2.030
* Tuition Free Courses Section II-2.042
* Sick Leave Section IV-3.070
In addition to the policy and procedures regarding employee benefits found in the
Management Manual , full-time faculty may find the following information helpful:
Death Benefits: If a faculty member dies while still in active service (while being
paid salary) after one year as a contributing member of the Teachers' and State
Employees' Retirement System of North Carolina, his/her beneficiary will receive
a single lump sum payment. The payment equals the highest 12 months' salary
in a row during the 24 months before death, but no less than $25,000 and no
more than $50,000. This benefit is also paid if the faculty member dies within 180
days of the last day for which he/she was paid salary. It is in addition to any other
benefits to which the faculty member may be entitled.
Disability Benefits: Short-term benefit payments equal 50% of 1/12 of annual
salary plus 50% of 1/12 of annual longevity payment (if applicable). Short-term
benefits are paid monthly for 365 calendar days, and can be extended for as
many as 365 additional days under certain conditions. Payments begin after a
60-day waiting period. Long-term benefits are payable after the conclusion of the
short-term disability period. Payments equal 65% of 1/12 of annual salary, plus
65% of 1/12 of annual longevity payment (if applicable). Long-term benefits
cease when a person reaches age and/or service requirements to qualify for an
unreduced service retirement allowance.
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Longevity Pay: Faculty in regular positions will receive longevity pay if those
employees meet the requirements of aggregate qualifying service as set forth in
subchapter 2D.0109 of the North Carolina Administrative Code. Complete
information is available from Human Resources, telephone extension 2404.
Longevity pay is not considered a part of annual base of contract pay. Longevity
Pay is made in a lump sum, subject to all deductions, during the pay period in
which all eligibility requirements have been satisfied.
Medical Benefits: Group health insurance is available to all employees in
regular positions. The College pays a portion of the coverage cost for eligible fulltime
employees. Additional coverage may be purchased for dependents at the
group rate. Part-time staff members in regular positions may join the group plan,
but must pay the total cost for coverage. Retirees are also covered by the plan.
As of October 1, 2001, one health insurance plan is available, the State of NC
Comprehensive Major Medical Plan (State Health Plan) The booklet providing
detailed information about benefits and provisions of the health insurance plan is
available in the Human Resources Office, MCC 370, telephone extension 2242.
An optional dental plan (employee-paid) which pays 50% to 100% of covered
services is available. Some procedures are subject to a $50 deductible per year.
The plan covers orthodontic services for adults and children.
President's Award: The President's Awards for Outstanding Service or
Innovation acknowledge and express appreciation to regular employees who
make outstanding and innovative contributions to the College during the current
year. One faculty member from each Division may receive the President's Award.
Retirement: All full-time employees in regular positions are required to join the
Teacher's and State Employees' Retirement System of North Carolina.
Employees and the State share the cost of providing for retirement benefits. The
employee contribution rate is automatically deducted from monthly paychecks.
This amount is not taxed until it is withdrawn. Members of the Retirement System
are vested after five years of creditable service. An employee can receive
unreduced benefits after 30 years of service, age 60 with 25 years of service, or
at age 65 with five years of service; a reduced benefit after age 50 and 20 years
of service, or at age 60 with five years of service. Booklets describing the main
provisions of the Retirement System are available in the Human Resources
Office, MCC 370, telephone extension 2242.
State Employees' Credit Union: A minimum deposit of $25.00 is required to
join. The Credit Union offers a wide range of financial services, including direct
deposit of paychecks. A Credit Union ATM machine is located on the first floor of
the Medlin Campus Center Annex.
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Section 125 Flexible Benefits: Optional insurance plans are provided to
supplement employee's medical coverage. Cancer, hospital intensive care
protection, hospital confinement and accident/sickness/disability policies may
be purchased on a pretax basis. Child or dependent care assistance is also
provided through the Flexible Benefits Plan. The plan reimburses employee for
daycare expenses incurred for a dependent child, disabled spouse, or dependent
parent.
Optional Insurance Plans: Long Term Care Insurance is available to regular
full-time and regular part-time faculty. This insurance helps to defray expenses
involved in providing personal care on an ongoing basis to those with a disabling
or chronic medical condition. Services covered include: skilled care performed by
a licensed health care professional, intermediate care, custodial care, adult day
care, respite care, and hospice care for the terminally ill.
Pre-paid Legal Services Plan: The Pre-Paid Legal Services Plan provides an
attorney to help employees with legal questions and problems. The plan gives
assistance with preparation, traffic tickets, business questions, lawsuits, IRS
audits, and other issues of a legal nature.
Supplemental Retirement Programs: The Supplemental Retirement Income
Plan of North Carolina, often referred to as the State's 401(k) Plan is available to
faculty in regular positions. The Plan offers a systematic savings program
with both contributions and investment income tax sheltered until paid to
participants as benefits. The Plan enhances your employee benefit package by
providing you with benefits such as tax deferral, investment flexibility, access to
funds with a loan provision and the peace of mind you get from knowing you are
building your financial resources for retirement. In addition to the State 401(k)
plan, a 403(b) supplemental retirement plan is offered.
Teaching Excellence Awards: Each year, Excellence in Teaching Awards are
awarded to faculty members. The Faculty Association conducts a nominating
process and a committee of past winners reviews the nominations and selects
the winners. They also select an "honor roll" from among the nominees.
Teaching Innovation Award: This award is given annually to one faculty
member who is selected by the members of the GTCC Board of Trustees for
applying innovative techniques in the teaching/learning process. The recipient of
this award is announced each year at College graduation.
Jametown/Ragsdale YMCA: The YMCA is located on the Jamestown campus
and does have special rates for GTCC employees. Contact the YMCA for
specific details.
Workers' Compensation: GTCC's Workers' Compensation Rules and
Procedures are established by applicable Federal laws and State statutes.
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Changes in these legal guidelines will take precedence over published college
rules and procedures. All accidents shall be reported to the Chief of Campus
Police. Accidents involving injuries to employees must also be reported to the
Director of Human Resources. As of June 1994, drug testing is required for
all alleged work-related injuries. Failure to comply or a positive drug test may
result in termination of employment. An employee at GTCC who is injured on the
job is eligible to receive compensation and other benefits while suffering the
effects of an on-the-job injury. In the event of an injury, both the employee
and the Supervisor have certain responsibilities required by law and good
business practice. Contact the Human Resources Office, MCC 370, telephone
extension 2242, for detailed information on requirements.
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