INSURANCE
All full-time regular or full-time temporary employees working 120 continuous calendar days are eligible to participate in the following insurance programs. Insurance is effective the first of the month following the date of hire. Premiums for all employee paid benefits are payroll deducted.
Medical
Edison State College pays the monthly premium for medical insurance for the employee. Employees may choose from three plans through BlueCross BlueShield of Florida; a Preferred Patient Option (PPO); a Health Maintenance Organization (HMO); or a Hospital Indemnity, Dental and Vision plan to employees only who have other primary insurance. Employees may choose to cover their dependents under this policy within the first 30 days of employment or during the annual open enrollment.
Dental
Two dental plans through Florida Combined Life, a subsidiary of BlueCross BlueShield of Florida are offered by the College as a voluntary, employee paid benefit. Employees may also choose to cover their dependents under this policy within the first 30 days of employment or during the annual open enrollment.
Life Insurance
A $15,000 basic term life insurance and accidental death/dismemberment policy is provided by the College. Employees also have the option of purchasing additional supplemental life insurance at one, two or three times their annual salary based on approval.
Long Term and Short Term Disability
The College will pay 100% of the premium to provide long term disability insurance that will pay 66 2/3% of the employee’s salary beginning on the 91st day after a continuous period of disability. Employees may purchase short-term disability through the Gabor Agency during the first 30 days of employment.
AFLAC – Cancer Indemnity Plan
The College offers a cancer indemnity plan through AFLAC. This is a voluntary, employee paid benefit offered to employees and their dependents within the first 30 days of employment or during the annual open enrollment.
Cafeteria Plan (Section 125)
Under the Cafeteria Plan (Section 125) employees are eligible to have their dependent health premiums, dental insurance premiums, and AFLAC premiums deducted prior to Federal Income or Social Security taxes being withheld. Certain guidelines must be followed.
LEAVE
HOLIDAYS
The College observes most national holidays. In addition, most employees have 10 non-duty days during the winter break. The College is also closed for a traditional “Spring-Break” for one week.
Vacation
Full-time Institutional Support Organization (ISO) non-exempt or exempt College personnel employed on a 12-month basis accrue vacation at the rate of 12 days per year for the first 5 years of service, 1 day per month. The rate then increases to 15 days per year. At 10 years of service, the rate increases to 18 days per year. Vacation leave is accumulative, except that a maximum of forty-four (44) days shall be accrued at the end of any calendar year. A maximum of thirty (30) days shall be paid upon termination, or, if elected, upon DROP enrollment.
Administrative personnel accrue twenty-four (24) days per year, 2 days per month, with a maximum of forty-four (44) days being accrued at the end of any calendar year. A maximum of forty-four (44) days shall be paid out upon termination or if elected, upon DROP enrollment. Executive (Senior Management) personnel accrue thirty (30) days per year, 2.5 days per month with a maximum of sixty (60) days being accrued at the end of any calendar year. A maximum of sixty (60) days shall be paid out upon termination or if elected, upon DROP enrollment.
Sick
All full-time personnel accrue one (1) sick day per month and accrue at the end of each month. This leave may be accumulated from year-to-year. Sick leave may also be approved for illness or death of a close immediate member of the family or household, or other close relative.
Personal
Employees are also entitled to four (4) personal leave days during each fiscal year, which will be charged to the employee’s unused sick leave. Personal leave days do not accumulate from year-to-year.
RETIREMENT
Florida Retirement System (FRS)
Eligible Edison State College employees participate in the Florida Retirement System. The College makes the required retirement contribution to the Retirement System on behalf of the employee. FRS offers two plan options: the pension plan for which an employee is vested after earning six (6) years or more of creditable service; and the investment plan which requires a vesting period of one (1) year creditable service.
State Community College System Optional Retirement Plan (CCORP)
This retirement plan is available to full time instructional and certain management employees in accordance with the provisions of Florida Statute Chapter 121. Eligible employees may withdraw from FRS and enroll in a tax sheltered account program with one of the state approved ORP companies. The College makes the entire required retirement contribution on behalf of the employee to the participating ORP vendor. There is no vesting requirement.
Tax Sheltered Account Programs
Edison State College employees may participate in a salary reduction plan in which the employee contributes pre-tax earnings to an Internal Revenue Code (IRC) 403(b) plan. All full-time regular or full-time temporary employees are eligible to participate in the Savings Incentive 403(b) plan. The College currently matches the employee contribution up to 3% of the employee’s annual salary. Faculty are not eligible for the 3% match. The employee may contribute additional funds to the plan up to the limits set by the IRC. All contributions made by the employee and the College are immediately owned by the employee. There is no vesting requirement.
