Benefits determined by growth of annuity fund and taxable upon withdrawal. Eligible on date of hire. Series EE Bonds pays market-based rates and accrues interest. Matures in 5 years. Full-time faculty employee with three or more years of service.
Employees defer extra service compensation per program guidelines.
May receive pay up to one semester for professional development. Requires payment of group benefit premiums to remain in effect during leave without pay. Release time without salary for one semester or one school year. Any contractual employee with seven or more consecutive years of service. No cost to employee.