This summary describes benefits in an abbreviated format and is not intended to be a full description of the benefits. A complete description is available in the associated plan booklets and university policies.
| Fee Courtesy |
Plan |
Enrollment |
Funding |
Start Date |
Comments |
|
Employee elected
|
IU pays a significant portion of IU tuition cost
|
|
Benefit is applied to offset instructional fees when timely application is made; otherwise the benefit is a reimbursement after fees are paid by the student.
|
| Insurance |
Plan |
Enrollment |
Funding |
Start Date |
Comments |
|
Automatic
|
IU paid
|
|
Employee must designate beneficiaries
|
|
Employee elected
|
Employee paid with payroll deductions
|
Date of hire if elected within 60 days of hire; * otherwise on the first day of the month following enrollment.
|
Proof of good health is required if the employee enrolls after 60 days from date of hire
|
|
Employee elected
|
Employee paid with payroll deductions
|
Date of hire if elected within 60 days of hire; * otherwise on the first day of the month following enrollment.
|
Proof of good health is required if the employee enrolls after 60 days from date of hire
|
|
Employee elected |
Employee paid with pre-tax payroll contributions. |
Date of hire if elected within 60 days of hire * |
After 60 days from hire, employee may enroll during Open Enrollment (November) for an effective date of the following January 1. |
| Health Care coverage |
Plan |
Enrollment |
Funding |
Start Date |
Comments |
|
Employee Elected |
IU contributes a significant amount
of the premium; employee contributes the remainder or the premium through
pre-tax payroll contributions |
Date of hire if elected within 60 days of hire * |
After 60 days from hire, employee may enroll during Open Enrollment (November) for an effective date of the following January 1. |
|
Employee elected
|
IU contributes a significant amount
of the premium;
employee contributes the remainder of the premium through
pre-tax payroll contributions.
|
Date of hire if elected within 60 days of hire * |
After 60 days from hire, employee may enroll during Open Enrollment (November) for an effective date of the following January 1.
|
| Paid Time Off |
Plan |
Enrollment |
Funding |
Start Date |
Comments |
Paid
Time Off
Vacation, income protection(sick), holidays
(9 per year) |
Automatic
|
IU paid
|
Date of hire
|
Vacation time accrues each pay period based on years of IU service. **
Sick time accrues each pay period; use to cover personal/family illness, medical appointments. **
Scheduled absences are subject to supervisor approval. **
|
| Retirement |
Plan |
Enrollment |
Funding |
Start Date |
Comments |
|
Investment designations must be made to allocate contributions |
IU paid |
Date of hire; contributions are credited upon receipt of enrollment form for designating investment funds |
Employee must designate account beneficiaries |
| IU Retirement Savings
Plan – supplemental |
Employee elected |
Employee funded through pre-tax payroll contributions |
First paycheck after processing enrollment form |
Employee must designate account beneficiaries |
| IU Tax Deferred Annuity – supplemental |
Effective 7/1/08, automatic enrollment with opt-out rights |
Employee funded through pre-tax payroll contributions |
First paycheck after processing enrollment form |
Employee must designate account beneficiaries |
| Tax Savings Plans |
Plan |
Enrollment |
Funding |
Start Date |
Comments |
Tax Saver Benefit Plan (TSB)
Health care reimbursement
and
Dependent care reimbursement |
Employee elected
|
Employee funded through pre-tax payroll contributions.
|
Date of hire if elected within 60 days of hire
|
After 60 days from hire, employee may enroll during Open Enrollment (November) for an effective date of the following January 1.
|
| IU Tobacco-free Wellness Program |
Plan |
Enrollment |
Funding |
Start Date |
Comments |
Wellness HRA Plan
Health care reimbursement |
Employee elected |
IU paid |
January 1 following Open Enrollment |
Employees may enroll only during Open Enrollment (November) for an effective date of the following January 1. |
| Tobacco Cessation Plan |
Employee elected |
IU paid |
Date of hire |
Benfit available to employees and their family members age 18 and older. |
