Required to be withheld from the gross salary of all full-time employees of educational institutions in Alabama. The present rate of the employee's contribution is 5% of gross salary. The Teacher's Retirement System publishes materials explaining the benefits. To obtain information from the TRS web site, click here.

Full-time classified staff earn 3.12 hours of annual leave per bi-weekly pay period. Full-time professional staff earn 8 hours of annual leave per month. Faculty and part-time employees are not eligible for annual leave. A complete description of leave benefits is covered in the TROY Staff Handbook.

Employee may receive discounts for athletic events. Please contact the Athletic Ticket Office at 334-670-3480 for further information.

Deferred Compensation (DC) and Supplemental Retirement (SRA) Plans (TROY's non-matching Supplemental Retirement Program) SRA's and DC's are designed for persons who want to set aside tax-deferred funds for retirement over and above regular retirement. SRA's are available through TIAA/CREF and Lincoln National. DC's are available through the Retirement System of Alabama (RSA-1). Employees who are interested in a SRA or DC should check with the Office of Human Resource for further information.

The salary of a biweekly or monthly employee must be automatically deposited into his/her bank account. For more information, please call the Payroll Office, 334-670-3118.

After one year of full-time employment, each Troy University employee is provided with long term disability insurance. Troy University pays the full cost of this coverage.

There are two components of TROY University's Flexible Benefit Plan. They are the Unreimbursed Medical Account and the Dependent Care Account. Participation in either or both accounts allow you to pay pre-tax for certain expenses that you know you will incur during the plan year. The expenses which qualify are those permitted by Section 213 of the Internal Revenue Code.

To access your flexible spending account online, please visit Flexible Corporate Plans. Directions for entering your account may be found on their web site. Reimbursement forms may be downloaded from the Flexible Corporate Plans website by clicking here.

Blue Cross/Blue Shield is the carrier for both basic and major medical health insurance and the dental rider. Employees may elect coverage under the Blue Cross/Blue Shield PMD (Preferred Medical Doctor) Benefit.

A list of Blue Cross/Blue Shield preferred providers can be found at Blue Cross/Blue Shield. Additional plan information can be found by clicking the following links.

• PMD Medical Insurance Booklet [updated 04/20/2009]
• Dental Rider Booklet [updated 04/20/2009]
• Order a lost BC/BS card

Your prescription drug benefit and mental health/substance abuse coverage are"carved out" of the Blue Cross/Blue Shield plan. Your prescription drug benefit will be provided by WellDyneRx and your mental nervous/substance abuse benefit will be provided by Behavioral Health Systems, Inc. Additional information about these plans can be found by clicking one of the following links.

• BHS Website
• WellDyneRx Formulary Drug List
• WellDyneRx Website
  
  

Health Insurance Rates for employees earning $30,000 or more per year for the complete health insurance plan are as follows:

Health Insurance Rates for monthly paid employees earning less than $30,000 for the entire health insurance plan per month are as follows:

Members of the Troy University Health Insurance Plan now have access to BeHealthy.com. This wellness benefit provides members with personalized information and tools to help them take control of their health. Among the benefits of the program are the following:

• HealthQuotient – health assessment for identifying and reducing health risks.
• Personal Health Record – view your BC/BS claims.
• Health Trackers – blood pressure, cholesterol, stress, etc…
• Symptom Checker – determine why you don’t feel well.
• Hospital Quality Comparison
• LifeStyle Solutions Health Program – nutrition and fitness guidance.
• Treatment Cost Estimator
• Latest Health News

Beginning January 1, 2005, a Healthcare Reimbursement Arrangement (HRA) was added to the Troy University Health Insurance Plan. For additional information on the HRA, please click the following link:

HRA Info

Life insurance equal to one times annual salary up to a maximum of $100,000. You are not subject to any co-pay charge and your life insurance coverage will end when you terminate employment or retire. Age Reduction Coverage will apply commencing at age 60. Accidental death and dismemberment coverage is also included.

Life Insurance Plan Summary

Travel Assistance - available free to regular full-time TROY employees.

Long term care insurance is available to employees on a voluntary basis through Blue Cross/Blue Shield of Alabama. For information on this plan, please visit the BC/BS LTC website by clicking the following link.

Blue Cross/Blue Shield Preferred LTC

Payroll deduction is permitted for savings and loans, but arrangements must be made through the Credit Union office. The Credit Union can be contacted at 334-670-3630.

Full-time faculty and staff earn 8 hours of sick leave each month. Unused sick leave is rolled over to the following year. Upon retirement, employees are allowed to convert unused sick time into service time for the purpose of retirement. Further retirement benefits may be found on this page under Alabama Teachers' Retirement.

Required to be withheld from the gross salary of all employees.

Immediately upon employment, full-time and part-time employees may elect to contribute to the Troy University supplemental retirement program on a non-matching basis. Eligibility for the matching portion of this plan requires one year of full-time employment. An employee may choose either TIAA/CREF or Lincoln National as a supplemental retirement plan carrier. Employees eligible for the matching portion of this program may not split the match between both companies.

Participants must contribute 3% or more of their salary. Employees eligible for TROY's matching program will receive a match of 3% on a maximum of $18,000.00 of salary ($540.00 annual maximum [$45.00 monthly for a 12 month employee; $54.00 monthly for a 10 month employee]).

An employee who earns $60,535.00 or more is considered "highly compensated" and does not qualify for TROY's match.

To view the TROY Tuition Assistance policy, click here.

Monthly payroll deductions are available for United States Savings Bonds. Employees may request application forms from the Payroll and Employee Benefits office.

All faculty and staff are invited to participate in the annual United Way Fund Drive. The necessary pledge cards are distributed each fall by the United Way local representatives. These cards should be returned to the local representatives who will forward them to Payroll for payroll deduction.

Monthly payroll deductions are available for the purchase of voluntary term life insurance through Reliance Standard.

• Voluntary Life Certificate

Troy University offers payroll deductions for the following companies for life, cancer, disability, long term care, or investments:

• American Family LIfe (AFLAC)
• Colonial Life
• Liberty National
• Mutual of New York
• New England Mutual
• New York Life
• Principal Mutual
• Professional Insurance Corporation
• Winchester Financial
• PEBSCO

If you are interested in having your policy premiums payroll deducted and remitted to any of these companies, please contact Human Resources and ask the Benefits Administrator for specific instructions.