Employee Benefits

Health Insurance

Milligan College offers all full-time employees the option of participating in a group health insurance plan, a portion of which is funded by the College. New employees have a 30 day open-enrollment period to enroll in health coverage.

Beginning in 2014, employees will have the option of enrolling in either a Major Medical POS plan OR a High Deductible Health Plan (HDHP).

Click on a plan to read more about it.

  • Major Medical – Open Access Plan with Humana 
  • In-Network Co-pay for Physician/Specialist Office Visit $20/$35
    Prescription Card Co-Pays (generic/specialty list/name brand) $10/$30/$50
    Vision Appmt Co-Pay/Frame allowance/contact and lens allowance $35/$40/$110
    In-Network Single/Family Deductible $1,000/$2,000
    In-Network Single/Family Out-of-Pocket Maximum – deductible not included $2,000/$4,000

    The college pays a portion of the overall group insurance coverage. The monthly cost to employees for the Major Medical POS plan, until March 2015, is:

    Single Coverage $230
    Family Coverage $540
  • Humana High Deductible Health Plan
  • In-Network Co-pay for Physician/Specialist Office Visit No co-pays.
    Employee pays expenses up to deductible
    Prescription Card Co-Pays (generic/specialty list/name brand) No co-pays.
    Employee pays expenses up to deductible
    Vision Appmt Co-Pay/Frame allowance/contact and lens allowance $35/$40/$110
    In-Network Single/Family Deductible $2,500/$5,000
    In-Network Single/Family Out-of-Pocket Maximum – deductible not included $2,500/$5,000

    The college pays a portion of the overall group insurance coverage. The monthly cost to employees for the Humana High Deductible Health Plan, until March 2015, is:

    Single Coverage $108
    Family Coverage $226

 

Long Term Disability

The college provides long-term disability coverage to each full-time employee. This coverage has a 90 day elimination period and provides a disability benefit of 60% of pre-disability earnings.

Life Insurance

The college provides $20,000 of life insurance coverage to each full-time employee. There is also an option to purchase additional voluntary coverage.

Pension Plan

Employees may join retirement (403b) plans with either TIAA (Teachers Insurance Annuity Association) or PFCC (Pension Fund of the Christian Church) at any time. Premiums for pension plans are paid through payroll deduction and may be sheltered from federal tax. The college matches contributions for full-time faculty and staff members working more than 1,000 hours a year at up to 7% of pay.

Tax-Sheltered Benefits

During spring enrollment for the College's Section 125(d) (Cafeteria Plan) employees may elect several tax-sheltered options for payroll deduction, including Medical Savings and Dependent Care accounts. Health insurance and dental premiums may be tax-sheltered under Section 125 for new employees in advance of the annual enrollment

On-Campus Dining

Faculty and Staff may dine in the college cafeteria at reduced rates.

 

The following information applies for Administrative/Staff Employees:  

Holidays

The college observes the following paid holidays:

New Years Day Memorial Day Day after Thanksgiving
Martin Luther King, Jr. Day Independence Day Christmas Eve
Good Friday Thanksgiving Day Christmas Day

Additional paid days off may be declared by the President.

Vacation

Vacation time is accrued at the following rates:

Exempt (salaried) Employees Non-Exempt (hourly) Employees
10 days after 1 year 10 days after 1 year
15 days after 2 years 15 days after 5 years
20 days after 4 years

Sick Days

Sick Day benefits are accrued from the date of employment for a total of 10 days per year, up to a maximum of 90 working days.