Benefits

Regular full-time non-instructional employees working 30 hours or more per week, are eligible to elect a variety of Medical, Dental, Vision plan options based on individual or family needs. Life Insurance, Short-Term Disability Insurance and Long-Term Disability Insurance is provided at no expense to you. In addition, vacation leave is granted based on the tables below.

Click here to view the 2021-2022 Benefit Guide.

Personal Days – Each January 1, five (5) personal days are granted that can be used as personal or sick time. Newly hired employees will follow a prorated schedule during the year hired as follows.

Month hired	Days granted
January – February	5
March – April	4
May – June	3
July – August	2
September	1
October – December	0

Vacation hours are accrued at a number of hours per pay period based on the number of service years obtained. The table below represents the accrual rates.

Service Years	Per Pay Accrual Rate / Annual Days
Less than three years	3.69 hours per pay period equivalent to 12 days
Three to five years	5.54 hours per pay period equivalent to 18 days
Six or more years	6.16 hours per pay period equivalent to 20 days.

Holiday pay is provided for a number of pre-determined Holidays determined on an annual basis. During the fall, employees will receive a calendar of the upcoming calendar year’s Holidays.

Full-time Faculty are eligible to elect a variety of Medical, Dental, Vision plan options based on individual or family needs. Life Insurance, Short-Term Disability Insurance and Long-Term Disability Insurance is provided at no expense to you.

Other Full-time Staff and Full-time Faculty Benefits

• Voluntary insurances based on individual or family needs. The costs are deducted on a pre-tax basis per pay period.
• Employer matching contribution up to 1.5% into a 403b or 401k account.
• Flexible Spending Accounts (FSA)
• Adoption Assistance
• Tuition Reimbursement for employee and/or eligible dependents
• Employee Assistance Program

Click here to view the 2021-2022 Benefit Guide.

• Voluntary insurances based on individual or family needs. The costs are deducted on a pre-tax basis per pay period.
• Employer matching contribution up to 1.5% into a 403b or 401k account.
• Flexible Spending Accounts (FSA)
• Adoption Assistance
• Tuition Reimbursement for employee and/or eligible dependents
• Employee Assistance Program

Regular part-time non-instructional employees working more than twenty (20) hours per week receive the following benefits.

Vacation hours

Service Years	Per Pay Accrual Rate / Annual Days
Less than three years	1.84 hours per pay period equivalent to 6 days
Three to five years	2.77 hours per pay period equivalent to 9 days
Six or more years	3.08 hours per pay period equivalent to 10 days.

• Employer matching contribution up to 1.5% into a 403b or 401k account.
• Four (4) hours Holiday pay. Holidays are determined on an annual basis. During the fall, employees will receive a calendar of the upcoming calendar year’s Holidays.

Ave Maria University is pleased to offer eligible employees plans through Nationwide and TIAA. 401(k) anf 403(b) plans are workplace retirement accounts that’s offered as an employee benefit. The accounts allows you to contribute a portion of your pre-tax paycheck to tax-deferred investments. This reduces the amount of income you must pay taxes on in that year. Or you may choose to participate in a Roth plan, which taxes your contribution immediately. However, when you take a distribution in your retirement years, your distribution, including any earnings, will be tax free.

Beginning on the first day of employment, an employee may choose to begin Elective Deferral Contributions. Your contributions to either plan are fully vested at all times. Both plans also offer loans if you find yourself in a cash emergency.

In the event you have questions regarding your eligibility, the enrollment process, etc., please contact Human Resources for more information. Please note that Human Resources representatives cannot advise employees on investment options as they are not licensed to do so. Questions regarding developing a portfolio, fund activities, and viability must be addressed to the appropriate retirement plan financial advisor listed below:

Chris Burke, VP Retirement Plan Advisory Services

LoVasco Consulting Group

(313) 394-1717 or cburke@lovascogroup.com

TIAA

(800) 732-8353 or TIAA.org/schedulenow

	403(b) at Nationwide	401(k) at Nationwide	403(b) at TIAA
Recordkeeper	Nationwide	LoVasco	TIAA
Advisor	LoVasco	LoVasco	N/A on platform
Investments	Various investment managers	Various investment managers	TIAA investments
Employer Match	100% of the first 1.5% deferred	100% of the first 1.5% deferred	100% of the first 1.5% deferred

To enroll in one of our retirement plans, please visit the forms page under retirement.

You may not take a distribution from your account until you separate from service, attain age 59½, attain normal retirement age, are disabled, die, or in the case of hardship, you must meet the criteria of both and have an immediate financial need. The Plan does make provisions for employee loans; however, the employee must contact a Human Resources representative for assistance.

All employees of Ave Maria University are eligible for discounted rates at the Orlando area theme parks, various show tickets and access to discounted rates to participating hotels worldwide. Online access to links will become available once employed and are available on your home page of ADP.

Here is information on these exclusive employee offers:

Save up to 35% on your Orlando Vacation! Orlando Employee Discounts offers Exclusive Pricing on Hotels & Vacation Homes in or nearby Disney World and Universal Studios Orlando as well as Discounts on Tickets for All Orlando Area Theme Parks and Attractions!

Ave Maria University has registered with Hotelogical to provide you with free access to members-only unpublished rates, plus other discounts and special offers, at more than 400,000  3, 4, and 5-star brand-name, boutique and independent hotels & resorts around the world.

TicketsatWork provides access to savings on movie tickets, theme parks, hotels, tours, Broadway and Vegas shows.