These benefits are in addition to the life insurance benefit. Coverage is optional at the time of employment. An employee may enroll at the Open Enrollment in November of each year with proof of insurability. By choosing to participate in this program, an employee can elect to have the University purchase life insurance plans with money that would have been paid to the employee in gross salary. Payment of taxes on these premiums may thus be avoided.
Unemployment compensation protects, in part, the lost earnings of an employee who is out of work.
The University pays the entire premium for this coverage. All faculty and staff are covered. A day or more is set aside for holidays on or around July 4, Labor Day, Thanksgiving, Christmas, New Year's Day, and Martin Luther King, Jr.'s Birthday. Each employee's annual record is adjusted each December 31 to show no more than 45 days annual leave . There is no limitation on sick leave accrual.