WESTERN NEW MEXICO UNIVERSITY

Faculty Benefits Summary-Fiscal Year 2001-2002

1. Basic Life Insurance - $50,000 Employee Only, Prudential, no cost to the employee
2. Medical (See * below)

1. Blue Cross Blue Shield Triple Option plan:

Primary Care Physician (PCP)-Coordinated Network; (no deductible); $20 office visit co-pay

2. CIGNA/Lovelace Dual Option Plan (must select primary care physician); $15 office visit co-pay
3. Cimarron Regional HMO (must select primary care physician); $15 office visit co-pay

1. Dental Care United Concordia: $50 deductible, no charge for basic services. Choice of Low option or High option. (See * below)
2. Vision Care Davis Vision: $10 deductible examination, $15 deductible materials. (See * below)
3. Long Term Disability Prudential: 30 day waiting period, pays 66 2/3% of lost wages after your sick leave balance is exhausted.
4. Voluntary Life Insurance Prudential Voluntary Life and AD&D: Premium paid 100% by employee-Available coverage 1x, 2x, 3x annual salary, spouse up to 1x annual salary, dependent $5,000.
5. IRS Flexible Benefit Plan Premiums deducted on a pre-tax basis thereby reducing taxable income and increasing net pay.
6. Sick Leave A maximum of ten (10) days with pay allotted each year, cumulative to 30 school days. This will be maintained between faculty member and department chair person.
7. Holidays Eleven (11) paid holidays per year (which includes Spring Break).
8. Educational Assistance Program Tuition Waiver: 12 credit hours per year beginning with Summer I and ending with the Spring semester (SSI, SSII, FA, SP). Waiver amount $1,023.50 for the Bachelor’s program and $1,093.25 for the Graduate Program. Tuition waivers are available for the employee, spouse and/or dependents (no waivers will be approved while the employee is in the trial period).
9. Retirement Plan Educational Retirement Board of New Mexico: Employees contribute 7.6%, employer contributes 8.65% (can option alternative retirement plan if never paid into the ERB).