Bucknell University recognizes that each faculty and staff member presents unique and highly individual needs. The benefit program at Bucknell is designed with your individuality in mind. To that end, Bucknell offers a varied benefits selection for all regular full-time and regular part-time staff members. Below is a brief overview of some of these benefits. All of these benefits are discussed in greater detail at new faculty and staff orientation and are explained in the staff handbook.
Health Care Coverage
Bucknell offers a PPO plan and a High Deductible Health plan, which provide world wide coverage, and two HMO plans covering Central Pennsylvania. Members of the faculty and staff share a portion of the premium cost, determined using a percentage of salary method. Overall, Bucknell pays 80% of the healthcare premium cost and individuals pay 20%.
Bucknell's retirement program is provided through TIAA-CREF on a contributory basis. After a one year waiting period, the University will contribute an amount equivalent to 10% of base salary. When eligible, faculty and administrative staff members are required to contribute 6% of salary. Individual contributions are voluntary for support staff.
There are several tuition benefit programs avaialble to you, your spouse/spousal equivalent, and dependents. These programs include tuition remission, tuition exchange, tuition grant, and an informal tuition exchange program with Susquehanna University.
Twelve paid holidays are part of the University benefit program. The University recognizes 6 national holidays and also closes for the half day before Thanksgiving and the Friday after Thanksgiving as well as the week between Christmas day and New Year's day. Staff members also receive a floating holiday for use each calendar year. Vacation is accrued at a specified rate per month from a staff member's date of employment. The staff handbook details these accrual rates. In addition, Bucknell provides a paid sick leave program.
Bucknell provides a death benefit equivalent to an annual base salary with a maximum limit of $50,000 for faculty and staff aged 64 or younger. This coverage includes accidental death and dismemberment insurance equal to the amount of life insurance, in the event of accidental death.
After one year of service, Bucknell provides a disability income insurance (waiting period is waived with proof of LTD coverage in the last 90 days). After six months of total disability, the plan pays 60% of covered salary up to a maximum monthly income benefit.
The University also offers voluntary benefits such as dental insurance, eyewear plans, flexible spending accounts, individual disability insurance, long-term care insurance, and supplemental retirement annuities. Beyond these basic benefit offerings, Bucknell provides a wealth of other University services, including cultural and recreational activities, admissions to university events, Credit Union membership and more. If you are considering Bucknell as an employer and need more information on these benefits, contact Human Resources email@example.com.