Alma College offers a competitive benefit plan with affordable medical, dental and vision care options to its employees, along with other essential benefit and perks. Most benefits listed below apply to full-time regular employees although some benefits are available to part-time employees on a pro-rated basis.
Summary of Benefits
Health, Dental and Vision Insurance
The college provides employees in positions of at least .75 FTE with high-quality health coverage at a reasonable cost. Two options for health coverage are available, a high deductible health plan with a health savings account (HSA) and a preferred provider plan.
Employees can also elect coverage for dental and vision insurance. Plans are provided under a cost-sharing plan with the college paying the majority of the costs and the employee contributing based upon the elections they make.
Employees may also elect to waive coverage if they have proof of coverage through another source.
Detailed information is provided at the time of hire and at the annual open enrollment period. Enrollment must take place within 30 days of hire date.
To encourage employees to extend their intellectual scope, the college offers two opportunities to eligible employees. The Tuition Grant Program is an opportunity for employee, dependents and spouse to enroll in classes at Alma College. The Graduate Tuition Assistance Program assists in pursuing graduate degrees and is an opportunity to be reimbursed up to 50% of tuition costs.
To assist employees in planning for retirement, the college has established a defined contribution retirement plan. After one year of service, the college contributes an amount equal to 8% of an employee’s base compensation to an account in the employee’s name. In addition there is also an opportunity for an employee to make additional contributions and to manage their own investments. Full details are found in the plan documents listed below.
Summary Plan Description (College Contributions)
Summary Plan Description (Employee Contributions)
Employee Contributions to Retirement
Paid Time Off Policies
The descriptions below are summaries. Please see the full description of these policies.
Full time employees are eligible for 160 hours (20 days) of vacation per fiscal year through the first 11 years of employment. Beginning in year 12, employees will be eligible for 192 hours (24 days) of vacation. Regular employees working at least .50 FTE will receive a pro-rated equivalent.
Employees receive a total of 12 ½ holidays: New Year’s Day, 1/2 day for Good Friday, Memorial Day, Independence Day, Labor Day, Thanksgiving and the Friday after Thanksgiving, Christmas Eve through New Years Eve.
Salaried and hourly employees will earn 8 hours of sick time per month, or the pro-rated equivalent if working less than full time, starting with the first month of employment. Sick leave is only for an employee’s personal medical need, except in cases of a qualifying Family and Medical Leave. Other absences should be deducted from the vacation bank.
Short-term and Long-term Disability
Employees become eligible for short term medical leave after 6 months of employment. Long-term disability may also be available after one year of employment.
Flexible Spending Accounts
Flexible Spending Accounts (FSA) offer an opportunity to save money by paying for health, dental, and vision insurance premiums, dependent care, and health care expenses with tax-free dollars.
Employee contacts for medical questions, retirement option changes, HSA questions or assistance with other questions.