Bryn Mawr College has a Flexible Benefit Plan for full-time and part-time faculty and staff members who work at least 74% of full-time (.74 FTE). Under this plan, each participant elects benefits on an individual basis. Benefits start on the first of the month coincident with or next following the date of hire. Certain benefits are paid for by the College. Participants authorize the College to reduce their salary for the cost of benefits that are not paid for by the College.
Please read the following pages carefully so that you can learn how the plan works.
A core benefit is a benefit which Bryn Mawr College provides at no cost to you. These benefits are given to you regardless of your selection of additional benefits.
Your core benefits are as follows:
Term Life Insurance
$25,000. This amount is reduced by 50% for participants age 70 or older. Insurance is provided by The Hartford.
Long Term Disability Insurance
60% of monthly wage base to a maximum benefit of $14,000 per month, less Social Security and other offsets. Benefits start after six complete months of total disability as defined by Cigna, the long term disability insurance carrier.
Dental Insurance (single coverage)
Insurance is provided by Delta Dental.
This benefit is provided by Aetna to assist employees and their families with a wide range of issues, including:
This benefit is subject to HIPAA-regulated privacy laws. Please read their HIPAA compliance policy to learn more (Word format).
A benefit of choice is a benefit that you will select. Bryn Mawr College provides you with a budget/subsidy to assist you in "buying" your medical plan of choice. In the event you do not need to purchase medical insurance through the College's group plans, you may elect to use the budget to purchase other benefits. Bryn Mawr College has made available the following selection of benefits from which to choose:
Dental Insurance (family coverage)
Provided by Delta Dental
Medical Care Spending Account (Available at the start of the Plan Year, January 1, following one year of service.)
Health Savings Account (can be used in conjunction with an HDHP)
The College makes a monthly contribution to Teachers Insurance Annuity Association (TIAA) and/or Vanguard Group Retirement Plan based on gross salary for all eligible employees. (Gross salary does not include budget/subsidy.) Retirement benefits are not part of the Flexible Benefit Plan, and the College contribution is unaffected by your Flexible Benefit Plan elections. Please refer to the Employee Handbook or Bryn Mawr College Retirement Plan Summary Plan Description for details.