Benefits FAQ
- Health/Dental Insurance
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- Who pays? Samford 75%, Employee 25%
- Who is Eligible? Full-time employees
- Eligibility Begins: Immediately
- What do you receive? Blue Cross/Blue Shield PMD. Employee - $101.75, Employee+1 - $204.50, Family - $236.75/per month
- Dental Insurance (not available without Medical)
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- Who pays? Samford 75%, Employee 25%
- Who is Eligible? Full-time employees
- Eligibility Begins: Immediately
- What do you receive? Blue Cross/Blue Shield PMD Employee - $7.25, Employee+1 - $13.50, Family - $18.25/per month
- Life Insurance
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- Who pays? Samford 100%
- Who is Eligible? Full-time employees
- Eligibility Begins: Immediately
- What do you receive? Death benefit equal to 2.5 times annual salary. Reduces at age 65. $2,000 benefit on spouse and dependent children.
- AD&D -includes travel assistance
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- Who pays? Samford 100%
- Who is Eligible? Full-time employees
- Eligibility Begins: Immediately
- What do you receive? Death benefit equal to 2.5 times annual salary in the event of accidental death. Worldwide Emergency Assistance Services.
- Accident Insurance (Optional)
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- Who pays? Employee
- Who is Eligible? Full-time employees
- Eligibility Begins: First day of the month
- What do you receive? Benefit in the event of death or dismemberment following employment.
- Long Term Disability Insurance
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- Who pays? Samford
- Who is Eligible? All employees
- Eligibility Begins: Immediately
- What do you receive? Long term disability income beginning on the first day of the month after three months of continuous total disability.
- Business Travel
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- Who pays? Samford
- Who is Eligible? All employees
- Eligibility Begins: Immediately
- What do you receive? Coverage for death benefit while traveling on University business.
- Met Pay
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- Who pays? Employee
- Who is Eligible? Full-time employees
- Eligibility Begins: Upon Enrollment with Met P&C
- What do you receive? Auto, homeowners & personal property insurance through payroll deduction. For information call 1-800-438-6381.
- Long Term Care
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- Who pays? Employee
- Who is Eligible? All employees
- Eligibility Begins: Upon Enrollment
- What do you receive? Services/assistance essential when individuals are no longer able to care for themselves due to an accident, illness or effects of aging.
- Pension
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- Who pays? Samford
- Who is Eligible? All employees who work a min. of 1,000hrs. per calendar year
- Eligibility Begins: After one participating year and 21 years of age
- What do you receive? Financial assistance at retirement. Pension is vested after five participating years of service.
- Tax Deferred Annuities
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- Who pays? Employee
- Who is Eligible? Full-time and regular part-time employees
- Eligibility Begins: Immediately
- What do you receive? Voluntary payroll deduction whereby employees may tax defer a portion of their annual salary through GuideStone Financial Resources, VALIC, TIAACREF, Merrill Lynch & Insurance & Investment Consultants, Inc.
- Deferred Compensation Plan
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- Who pays? Employee
- Who is Eligible? Full-time and regular part-time employees
- Eligibility Begins: Immediately
- What do you receive? Voluntary payroll deduction allowing employees to postpone receipt of current income in order to defer federal income taxation until a later date.
- Sick Days
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- Who pays? Samford
- Who is Eligible? Full-time employees
- Eligibility Begins: Varies depending on employment status
- What do you receive?
Bi-weekly Staff earns 3.47 hours per pay period. Monthly Staff earns 1 day per month. Available after 3 months service.
Administrative-Faculty employees earn 1 day per month. Available immediately.
Faculty - Ten days upon employment, then 1 additional day per month worked. Available immediately.
- Vacation
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- Who pays? Samford
- Who is Eligible? Full-time employees
- Eligibility Begins: Varies depending on employment status
- What do you receive?
Bi-Weekly Staff employees earn 3.47 hours per pay period. Monthly Staff employees earn 1 day per month. Accrual increases at the beginning of the 2nd year of continuous full time employment. Available after 3 months service.
Administrative-Faculty employees and also Faculty on 12-month contracts receive 24 days at the beginning of each fiscal year. All vacation must be taken within fiscal year. Available immediately.
- Holidays
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- Who pays? Samford
- Who is Eligible? Full-time employees
- Eligibility Begins: Must be employed on the first day of the month in which the holiday occurs.
- What do you receive? New Year's Day, Martin Luther King, Jr. Day, Easter Monday, Memorial Day, July 4th, Labor Day, Thanksgiving Day, Day after Thanksgiving, Christmas Day.
- Funeral Leave
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- Who pays? Samford
- Who is Eligible? Full-time employees
- Eligibility Begins: Immediately
- What do you receive? Up to three days may be charged to sick leave.
- Employee Tuition Benefit
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- Who pays? Samford
- Who is Eligible? Full-time employees
- Eligibility Begins: Beginning of next term following full-time employment
- What do you receive? Free undergraduate and graduate tuition for employees. Reduced undergraduate tuition for spouse and dependent children. See Employee Tuition Benefit Policy for details.
- Medical Expense Spending Account
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- Who pays? Employee
- Who is Eligible? Full-time employees
- Eligibility Begins: Immediately
- What do you receive? Pretax spending account for reimbursement of medically necessary expenses not covered by insurance.
- Dependent Care Spending Account
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- Who pays? Employee
- Who is Eligible? Full-time employees
- Eligibility Begins: Immediately
- What do you receive? Pretax spending account for reimbursement of dependent care expenses.
- Savings Bonds
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- Who pays? Employee
- Who is Eligible? All employees
- Eligibility Begins: Immediately
- What do you receive? Purchase of savings bonds through payroll deduction.
- Discounts
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- Who pays? Samford & employee
- Who is Eligible? All employees
- Eligibility Begins: Immediately
- What do you receive? Samford Bookstore 10%; Beeson Divinity Bookstore 20%.
- Athletic Events
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- Who pays? Samford
- Who is Eligible? All employees
- Eligibility Begins: Immediately
- What do you receive? Free tickets to all on-campus sporting events.
- Theater Productions
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- Who pays? Samford
- Who is Eligible? All employees
- Eligibility Begins: Immediately
- What do you receive? Free tickets to employee and immediate family members for SU Theater Productions.
- Worker's Compensation
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- Who pays? Samford
- Who is Eligible? All employees
- Eligibility Begins: Immediately
- What do you receive? Coverage for job related accidents and illness.
- Unemployment Compensation
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- Who pays? Samford
- Who is Eligible? All employees
- Eligibility Begins: When job is lost through no fault of the employee
- What do you receive? Partial salary compensation.
- Social Security
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- Who pays? Samford & employee
- Who is Eligible? Full-time employees
- Eligibility Begins: Upon retirement
- What do you receive? Monthly Benefit
