FACULTY & STAFF BENEFITS
Centre employees enjoy a wealth of unique benefits that immerse them in the engaging intellectual atmosphere of the College community.
Centre College as a top-50 liberal arts college attracts great talent. To accomplish this, the College strives to offer competitive and affordable benefits, retirement options, wellness programs, and other programs and services to our staff and faculty.
Although it is the intent of the College to continue the benefit plans described to prospective employees, the College reserves the right to modify, amend, or terminate any benefit plan, with or without notice.
In the event of any conflict between the information presented in this site and the provisions of any legal plan document, the plan provisions as stated in the legal plan document will prevail.
Active full-time employees and their covered family members are eligible to participate in the College’s health insurance plan administered by Anthem Insurance.
Life insurance provides individuals and their families with financial protection. The need for life insurance protection depends on individual circumstances and financial situations. The College pays the premium for an amount of insurance equal to one and one half times an eligible employee’s base annual salary. An employee may voluntarily elect to add either one or two additional units of insurance (one “unit” of insurance equals an employee’s base annual salary), of the employee’s pay via payroll deduction through Cigna Insurance at affordable group rates.
All staff & faculty, who work a minimum regular schedule of 20 hours per week during the academic year, have the option of participating in one of two Dental Plans administered by Delta Dental of Kentucky.
Eligible employees have the opportunity to purchase vision coverage through Anthem. This program has been designed to provide you and your covered family members with quality, professional vision care at a savings to you.
Centre College recognizes that situations arise which could cause an employee to miss work for an extended period of time. The College provides eligible employees with long-term disability insurance after one year of service. This coverage will give you the peace of mind that you will be adequately covered should something out of your control cause you to miss work.
For eligible faculty and staff the College makes 12 equal payments to TIAA/CREF with each payment representing 10% of the employee’s base salary. Additionally,Faculty and Staff may elect to make a payroll deduction and forward that amount to a Supplemental Retirement Annuity account within the limits of sections 403(b) and 415 of the Internal Revenue Code.
Flexible spending accounts, or FSAs, provide eligible employees with an important tax advantage that can help you pay health care and dependent care expenses on a pretax basis. By anticipating your family’s health care and dependent care costs for the next plan year, you can lower your taxable income.
The College currently has 11 paid holidays. Prior to the start of each academic year, the College determines which holidays will be recognized and the specific days the holiday will be celebrated. In addition to the college-wide holidays, each employee has four (4) floating holidays per academic year available to schedule in advance with their supervisor’s approval. Also, eligible employees earn paid time off based on years of service.
Individual course or courses that are part of a degree, licensing, or certification program and related to an employee’s current job duties or a foreseeable-future position in the organization are eligible for educational assistance. Additionally, the College offers on-campus classes and seminars throughout the year on a variety of topics including, but not limited to, leadership development, retirement planning, software classes, wellness activities and policy updates.
Your eligible dependents may receive college tuition assistance up to the maximum award that will cover the equivalent of the normal four year undergraduate program for up to two children per family.
You will have the opportunity to participate in several unique benefits an educational environment provides, such as free admission to home athletic events, use of the facilities of the College that include the Library, the Buck Fitness Center, discounts through the bookstore, and discounted prices for tickets on select packages at the Norton Center for the Arts.
The Centre Student Government Association and Student Life Office work with area merchants to offer discounts to Centre students, faculty, and staff at over 25 businesses in the community.
You will find a diverse set of wellnesses opportunities sponsored by the College community including, but not limited to, fitness classes, free flu shots, on–campus Weight Watchers groups, and intramural sports.