Spreadsheet: 0ee5a795-060c-492a-a4c3-2014f8c17b8e
Sheet: Summary

UNC-CH SCHOOL OF MEDICINE |  |  |  | Legend
Benefits Eligibility for Permanent Positions |  |  |  | Eligible | a
 |  |  |  | Ineligible | x
Benefit Description |  | EPA Faculty with Clinical Benefits |  | EPA | SPA | FY12 |  |  | FY11
 |  | FTE .50 - .74 | FTE .75+ | FTE .75+ | FTE .75+ | Monthly | Annual | Desc | Monthly | Annual | Notes
A.  Basic University Benefits
1.  Social Security |  | a | a | a | a
 | 6.20% of taxable earnings up to $106,800 |  |  |  |  | 0.062 |  | CY2011 | 0.062
2.  Medicare |  | a | a | a | a | 106800 |  | [NAME] | 106800
 | 1.45% of taxable earnings |  |  |  |  | 0.0145 |  |  | 0.0145
3.  University Retirement Fund (option of a or b)
 | 6% of salary mandatory employee contribution
a.  N.C. Teachers and State Employees Retirement System |  | x | a | a | a | 0.1312 |  |  | 0.1051 |  | Updated FY12 Rate per 6/30/11 memo
 | (TSERS; a "defined benefit" program) |  |  |  |  | 360000 |  | Before 7/1/96 | 360000
 | 13.12% of salary |  |  |  |  | 245000 |  | After 7/1/96 | 245000
 | Applicable salary maximum of $245,000 per year if hired on or after 7/1/1996
 | Applicable salary maximum of $360,000 per year if hired before 7/1/1996
**OR**
b.  Optional Retirement Plan |  | x | a | a | x | 0.1236 |  |  | 0.1226 |  | Updated FY12 Rate per 6/30/11 memo
 | (ORP; TIAA-CREF, VALIC, Lincoln, Fidelity; a "defined contribution" program) |  |  |  |  | 360000 |  | Before 7/1/96 | 360000
 | 6.84% of salary - matching employer contribution |  |  |  |  | 245000 |  | After 7/1/96 | 245000
 | 5.52% of salary - Retiree Health Plan Reserve
 | Applicable salary maximum of $245,000 per year if hired on or after 7/1/1996
 | Applicable salary maximum of $360,000 per year if hired before 7/1/1996
4.  Composite Benefit Fund |  | a | a | a | a
 | 0.4% of salary |  |  |  |  |  |  |  | 0.004 |  | .4% for July & August, .35% for Sept - June
 | Covers unemployment, workers compensation, and short-term disability pay
5.  Comprehensive Health Insurance for Employee Coverage |  | x | a | a | a |  |  | University |  | 4929.6 | $410.80/m for July & August, $410.94/mo for Sept - June
 | State of North Carolina Teachers' and State Employees' Comprehensive |  |  |  |  |  | 4931 | HCS |  | 4929.6 | $410.80/m for July & August, $410.94/mo for Sept - June
 | Major Medical Plan
 |  |  |  |  |  | 0.002191 |  | Transit | 0.00208
B.  UNC P&A Supplemental Benefits |  |  |  |  |  |  |  |  |  |  | must select 80:20 plan for wrap around coverage
1.  Comprehensive Health Insurance Reimbursement for Family |  | a | a | x | x |  |  | Ee Only |  |  | $0 for July & August, $21.62/mo for Sept - June
 | State of North Carolina Teachers' and State Employees' Comprehensive |  |  |  |  |  |  | Ee Child |  | 2851.44 | Ee Only premium plus $237.62/mo for July & August, $250.18/mo for Sept - June
 | Major Medical Plan |  |  |  |  |  |  | Ee Spouse |  | 6569.76 | Ee Only premium plus $547.48/mo for July & August, $576.42/mo for Sept - June
 |  |  |  |  |  |  |  | Family |  | 6965.28 | Ee Only premium plus $580.44/mo for July & August, $611.12/mo for Sept - June
2.  Professional Liability Insurance |  | a | a | As applicable | As applicable
3.  Supplemental Retirement Fund |  | a | a | x | x | 0.035 |  |  | 0.035
 | 3.5% of salary |  |  |  |  | No Max |  | Before 7/1/96 | No Max
 | Applicable salary maximum of $245,000 per year if hired on or after 7/1/1996 |  |  |  |  | 245000 |  | After 7/1/96 | 245000
4.  Term Life Insurance |  | a | a | x | x | 0.00672 |  | Ee | 0.00672
 | 4 times salary up to a maximum of $1,000,000 - employee |  |  |  |  | 250000 |  | [NAME] | 250000
 | $10,000 - spouse |  |  |  |  |  |  | Dep Extra
 | $10,000 - each child older than 6 months
 | $2,500 - each child between 15 days and 6 months
5.  Accidental Death and Dismemberment Insurance |  | a | a | x | x | 0.001152 |  | Ee | 0.0012
 | 4 times salary up to a maximum of $1,000,000 - employee |  |  |  |  | 250000 |  | [NAME] | 250000
 | 50% of employee's benefit - spouse |  |  |  |  | 0.001 |  | Dep Extra | 0.001
 | 25% of employee's benefit - each child
6.  Long Term Disability Insurance |  | a | a | x | x | 0.009 |  | Ee | 0.009
 | 60% of salary at the time of disability |  |  |  |  |  |  | [NAME]
 | If unable to perform within medical specialty, benefits are paid after a 180-day waiting period (salary is continued by the Department during this waiting period until vacation and sick leave are exhausted).
 | The maximum benefit is $15,000 per month.  The benefit is reduced by amounts paid by the Social Security disability program and most group disability programs, and is offset by disability payments from the North Carolina Teachers' and State Employees' Retirement system.
 | Benefits normally stop at age 65
7.  Supplemental Health Insurance |  | a | a | x | x
 | Covers deductibles, copayments, and coinsurance of State Comprehensive |  |  |  |  | 105.97 |  | Ee Only | 105.97
 | Health Insurance for employees and family |  |  |  |  | 200.95 |  | Dep Extra | 200.95
8.  Dental Insurance (employee and family) |  | a | a | x | x | 38.12 |  | Ee Only | 38.12
 | 100% UCR coverage for preventive |  |  |  |  | 84.21 |  | Dep Extra | 84.21
 | 80% UCR coverage for restorations
 | 60% UCR coverage for orthodontics - limited to $3000 lifetime
 | Maximum benefit - $1,500/calendar year per person
9.  Vision coverage (employee and family)
 | Annual healthy eye exam – co-pay of $10; |  |  |  |  | 7.94 |  | Ee Only | 7.94
 | In-network eyeglass lenses are covered in full for other than progressive lenses: |  |  |  |  | 12 |  | Dep Extra | 12
 | $150 allowance for frames in-network.
 | $150 allowance for elective contact lenses in lieu of eyeglass lenses and frames.
 | Standard contact lens fitting covered in full with co-pay of $10
 | Discounts apply to other options.
Lists |  |  |  |  |  | Rate |  | Desc | Rate
Hired before 9/1/96 List |  |  |  |  |  |  |  | SPA Severance Pay | 0.006 |  | .60% for July & August, .70% for Sept - June
Yes |  |  |  |  |  | 0.002191 |  | Transit Tax | 0.00208
No |  |  |  |  |  |  |  | Fellows Medical Insurance
Retirement List |  |  |  |  |  |  |  | Ee Only | 258
Optional |  |  |  |  |  |  |  | Ee Child | 374
State |  |  |  |  |  |  |  | Ee Spouse | 404
Not Applicable |  |  |  |  |  |  |  | Family | 565
Health Insurance List |  |  |  |  |  |  |  | Fellows Disability
Not Applicable |  |  |  |  |  | 11.33 |  | Per month | 11.33
Ee Only |  |  |  |  |  | On SPA & HCS Tabs |  | Longevity Pay | On SPA & HCS Tabs
Ee and Child |  |  |  |  |  | 2012-06-30 00:00:00 |  | SPA/HCS Calc Date | 2011-06-30 00:00:00
Ee and Spouse |  |  |  |  |  | On HCS Tab |  | HCS Special Pay | On HCS Tab
Family |  |  |  |  |  | On [NAME] |  | Resident [NAME] | On [NAME]