Spreadsheet: 0ca2d36a-314a-4d50-b2dd-898833674ade
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 | FY14 |  |  | 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 $113,700 |  |  |  |  | 0.062 |  | CY2013 | 0.062
2.  Medicare |  | a | a | a | a | 113700 |  | [NAME] | 106800 |  | [NAME] increased to $113,700 effective 1/1/13
 | 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 | 0.1423 |  |  | 0.1051
 | (TSERS; a "defined benefit" program) |  |  |  |  | 375000 |  | Before 7/1/96 | 360000
 | 14.23% of salary |  |  |  |  | 250000 |  | After 7/1/96 | 245000
 | Applicable salary maximum of $250,000 per year if hired on or after 7/1/1996
 | Applicable salary maximum of $375,000 per year if hired before 7/1/1996
**OR**
b.  Optional Retirement Plan |  | x | a | a | x | 0.1258 |  |  | 0.1226
 | (ORP; TIAA-CREF, VALIC, Lincoln, Fidelity; a "defined contribution" program) |  |  |  |  | 375000 |  | Before 7/1/96 | 360000
 | 6.84% of salary - matching employer contribution |  |  |  |  | 250000 |  | After 7/1/96 | 245000
 | 5.74% of salary - Retiree Health Plan Reserve
 | Applicable salary maximum of $250,000 per year if hired on or after 7/1/1996
 | Applicable salary maximum of $375,000 per year if hired before 7/1/1996
4.  Composite Benefit Fund |  | a | a | a | a
 | 40.35% of salary |  |  |  |  | 0.0045 |  |  | 0.004
 | Covers unemployment, workers compensation, and short-term disability pay
5.  Comprehensive Health Insurance for Employee Coverage |  | x | a | a | a |  | 5285 | University |  | 4929.6 | new rate effective 7/1/13
 | State of North Carolina Teachers' and State Employees' Comprehensive |  |  |  |  |  | 5285 | HCS |  | 4929.6
 | Major Medical Plan
 |  | a | a | a | a | 0.00241 |  | Transit | 0.0024
 |  | a | a | a | a | 0.0054 |  | Communication Core | 0.0054 |  | Communication Technologies Core Fee (OC 3225)
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 | 22.76 |  | Ee Only
 | State of North Carolina Teachers' and State Employees' Comprehensive |  |  |  |  | 286.16 |  | Ee Child |  | 2851.44
 | Major Medical Plan |  |  |  |  | 629.64 |  | Ee Spouse |  | 6569.76
 |  |  |  |  |  | 666.18 |  | Family |  | 6965.28
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 |  |  |  |  | 250000 |  | 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 |  |  |  |  |  | 1462.32 | 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 |  | 498.6 | 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
 | In-network eyeglass lenses are covered in full for other than progressive lenses: |  |  |  |  | 7.94 |  | Ee Only | 12
 | $150 allowance for frames in-network. |  |  |  |  | 12 |  | Dep Extra
 | $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 |  |  |  |  |  | 0.01 |  | SPA Severance Pay | 0.006 |  | 1% effective 7/1/13
Yes |  |  |  |  |  | 0.0054 |  | Communication Core | 0.0054 |  | effective 7/1/12
No |  |  |  |  |  | 0.00241 |  | Transit Tax | 0.00241
Retirement List |  |  |  |  |  |  |  | Fellows Medical Insurance
Optional |  |  |  |  |  | 208 |  | Ee Only | 258
State |  |  |  |  |  | 286 |  | Ee Child | 374
Not Applicable |  |  |  |  |  | 416 |  | Ee Spouse | 404
Health Insurance List |  |  |  |  |  | 629 |  | Family | 565
Not Applicable |  |  |  |  |  |  |  | Fellows Disability
Ee Only |  |  |  |  |  | 11.33 |  | Per month | 11.33
Ee and Child |  |  |  |  |  | On SPA & HCS Tabs |  | Longevity Pay | On SPA & HCS Tabs
Ee and Spouse |  |  |  |  |  | 2014-06-30 00:00:00 |  | SPA/HCS Calc Date | 2011-06-30 00:00:00
Family |  |  |  |  |  | On HCS Tab |  | HCS Special Pay | On HCS Tab
 |  |  |  |  |  | On [NAME] |  | Resident [NAME] | On [NAME]