Policy details are governed by the plan document. This program provides a monthly income benefit in the case of total disability. This benefit is available to active full-time employees as defined in this handbook. Rehired employees must complete one year of full-time service from their date of rehire. Denison pays the entire premium.
Employees have immediate vesting rights to the retirement contributions.
Employees will be notified by the Office of Human Resources of their date of eligibility and enrollment procedures. Under this option, staff members may, through a properly drawn salary reduction agreement, divert part of their salary on a tax-deferred basis to the purchase of supplemental retirement annuity benefits. Two dental plans are available to full-time employees, either as part of their healthcare plan choice or as a voluntary plan. Part-time employees working at least 15 hours per week can enroll in one of the 2 programs as well and pay the entire premium. Summary plan booklets are available in the Office of Human Resources.