Full-time Faculty
Full-Time Faculty Benefits Summary
Point Park University is pleased to offer the following benefits package
- Health Coverage: UPMC Health Plan EPO and PPO and Highmark Community Blue HMO. Eligible the 1st of the month following hire.
- Double Health Coverage Waiver Option: Employee can elect to waive health insurance and receive a portion of the premium that the University would have paid for coverage. (This amount is announced each year by the University.) A signed waiver and proof of other insurance coverage must be provided
- Vision Coverage: Highmark Vision, eligible the 1st of the month following hire.
- Dental Coverage: United Concordia Plus (DMO) & United Concordia Preferred (PPO). Eligible the 1st of the month following hire.
- Supplemental Benefits: Accidental, Critical Illness, and Hospital Indemnity Insurance through Voya.
- Life Insurance: Equal to annual salary, rounded up to nearest $1,000 to a maximum of $120,000. Eligible the 1st of the month following hire.
- Short-Term & Long-Term Disability: Income replacement for qualifying disability periods. (University Paid Benefits/Premium). Eligible the 1st of the 4th month following hire. Eligible for 15 weeks per year to be used for disability leave. A physician's note is required.
- Holidays: Martin Luther King Jr. Day, Memorial Day, Juneteenth, Independence Day, Labor Day, Thanksgiving Day, Day after Thanksgiving, and Christmas Break (normally from Christmas Eve Day through and including New Year's Day).
- Tuition Remission:
- Undergraduate programs: Tuition remission (tuition only) up to 11 credits upon hire for employee, full tuition remission for spouse and dependent children (e.g. ages 25 and under);
- Graduate programs: Tuition remission (tuition only) up to 6 credits upon hire for employee, 50% tuition remission for spouse and dependent children.
- Doctoral programs: Full-time staff, their spouse and dependent children can potentially receive a 30% discount on tuition for the Doctoral Program.
- Graduate and Doctoral remission is taxable according to IRS Guidelines. Fees are not covered by tuition remission. Tuition remission also does not include classes through Community Classes, experiential learning credits or study abroad programs.
- College Exchange Programs for Dependent Children: The University participates in the Council of Independent Colleges (CIC) and Tuition Exchange Inc. (TE) tuition exchange scholarship programs. Dependent children (under 25) of full-time faculty may apply to participate in one or both of these programs. Each program has its own unique requirements. Please contact HR for details and deadlines for each program.
- Retirement Plan- Supplemental Retirement Annuity (SRA): Eligible the 1st of the month following hire. Does not include matching funds by the University. Contributions are withheld monthly on a pre-tax or post-tax basis, up to IRS legal limits. Vendor: TIAA.
- Retirement Plan- GRA Retirement Plan (GRA): Eligible after one year of employment, however waiting period is waived with 1 year of full-time faculty service at another higher education institution. Vendor: TIAA.
- Employee will be automatically enrolled the month following 12 months of employment at the 5% contribution level with 7.5% University match in TIAA. We strongly encourage you to consult with TIAA or other financial advisor to choose your investment options. Employee may choose to decline, or participate at a lower or higher contribution level by contacting Human Resources for corresponding form.
- If the faculty member is eligible and chooses to use the 1 year waiver mentioned above, the employee must request the enrollment form and payroll authorization form from Human Resources. The completed forms must be returned to Human Resources before the deductions can be processed. If the faculty member does not choose to use the waiver, then the employee will be automatically enrolled upon 1 year of full-time employment at the University.
- Voluntary Term Life Insurance: Reliance Matrix Voluntary Term Life Insurance offers additional life insurance coverage to employees, spouses, and dependents. This is an optional benefit and premiums are 100% paid by the employee through a post-tax payroll deduction. Enrolling in this voluntary life insurance benefit does not change your current employer-paid group life insurance coverage.
- Flexible Spending Program: Salary Reduction Program for medical and dependent care. (Employee paid premiums)
- Employee Assistance Program: Free confidential counseling services for the employee and family members residing in household. Up to 6 visits per issue is covered by EAP solutions. www.lifesolutionsforyou.com Organization/company code: point
- PNC Bank-Workplace Banking: Contact your local PNC Bank Branch to set up your account and mention that you are an employee of the University. There is a PNC ATM on campus.
- University Fitness Center: Point Park University staff and faculty can use the Point Park Fitness Center at no charge. The fourth floor of the Student Center is home to our fitness center, which has a variety of equipment to meet your strength training and cardio workout needs.
NOTE: This only represents a summary of the benefits package.