Employee BenefitsThis area manages the functions of the Employee Benefit section including but not limited to:
Administers the State Group Insurance Programs (advisement, enrollment and premium deductions and transmissions)
Administers the FAMU Insurance Plans (advisement, enrollment, premium deductions and transmission)
- State Health, Life and other state Plans
- Health Maintenance Organizations (United Health Care, Capital Health Plan and AVMED)
Administers the Retirement Plans
- Life, Short and Long Term Disability Programs and other insurance plans
- Tax Sheltered Annuities
Counsels, Advises and enrolls eligible employees in the Group Insurance and Retirement Programs
- Florida Retirement System (Defined Benefits and Investment Plans)
- Optional Retirement
- Phased Retirement
Conducts annual State Group Insurance Enrollment Period and periodic FAMU Group Insurance Enrollment period
Processes employee payroll deduction requests to vendors including FAMU Alumni, Boosters and Athletes
Maintains Sick Leave Pool, conducts annual open enrollment and makes recommendations for new committe members
Maintains Desk Procedures, Website, University Regulations and Procedures for Program area
BENEFITS AND PERKS FOR FACULTY & STAFF
New Beginnings Child Care Center offers competitive, convenient child- care services for FAMU students, faculty and staff. The child-care center offers a staff which is carefully selected for their educational backgrounds and teaching experience with young children. The child care center provides a stimulating learning environment for youngsters between 2 ½ and 5 years of age and it also provides after school care for children who attend FAMU DRS and are ten years of age or younger and have a brother or sister enrolled in the New Beginnings Child Care Center.
As a benefit and convenience to employees, the University provides payroll deduction for the FAMU Federal Credit Union. Employees may utilize payroll deductions for various types of services including checking, savings, and loans.
Direct Deposit of Salary Warrants
Employees are required, as a condition of employment, to have their net salary warrant electronically deposited into their accounts at a financial institution of their choice. Employees who were hired after July 1, 1996 must comply with this law within the first 30 days of employment. Employees, who are unable to establish an account or who can provide proof of a hardship, may request an exemption through the University Personnel Office. OPS employees may also participate in this program.
Flextime Work Schedule
A flextime work schedule may be approved for USPS employees, who have standard work hours of 8:00 a.m. to 5:00 p.m., to have the flexibility of reporting to work as early as 7:30 a.m. and departing as late as 6:00 p.m. All employees must be present at their jobs during the period 9:30 a.m. to 4:00 p.m., unless on an approved leave.
Florida Prepaid College Fund
The Florida Prepaid College Fund Program allows you to pay for college tuition, fees and housing at a guaranteed fixed rate. The program offers convenient monthly installments, that will never increase, or a single lump-sum payment plan. The Program offers three different tuition options: a four-year university plan; a two- year community college plan; and the 2 2 plan, covering two years at a community college and two years at a state university.
USPS employees who attain permanent status are also granted one personal holiday in each fiscal year. The Personal holiday must be used prior to June 30 of each fiscal year or it will be forfeited.
Florida A&M University offers employees coverage in a variety of individual and family group insurance plans. Plans offered include health, life, dental, accidental/disability, cancer/cancer intensive care, supplemental hospitalization, vision care, and personal accident coverage. Some insurance Plans are offered on a pre-taxed basis and are partially funded by the State of Florida.
Employees of Florida A&M University are offered several retirement plan options. These plans include the following:
Florida Retirement System (FRS) – this plan is available to all eligible State of Florida employees. Vesting requirements (eligibility for benefits) are met after six (6) years of employment under the FRS.
Optional Retirement Plan (ORP ) – this plan is available only to Faculty and Administrative and Professional Employees (A&P). These employees are compulsory members of the Optional Retirement Program unless they elect membership in the FRS or fail to select a provider company within 90 days of eligibility. Vesting requirements (eligibility for benefits) are immediate under the ORP.
Phased Retirement – this is a State University System administered program for eligible FRS , Faculty employees. This program is administered by the Division of Academic Affairs and offers employees a flexible work schedule over a specified period of time.
Deferred Retirement Option Program (DROP) – this program is administered by the State of Florida to eligible FRS employees. DROP allows participants the opportunity to retire and to begin accumulating retirement benefits without terminating employment. Participation is limited to 60 months.
Sick Leave Pool
The University Sick Leave Pool allows for the pooling of eligible employees' sick leave credits into a central pool. Pool members who have been approved for sick leave pool hours due to illness, accident or injury that requires the member to be absent from work 10 or more consecutive days after exhaustion of all leave balances may use these hours. IMM 305
Tax Sheltered Annuities
University employees are eligible to participate in tax-sheltered programs, which permit the employee to reduce current taxable income by deferring a chosen amount of income. Participants pay no income tax on the money contributed to the Plan and are not taxed on their contributions or earnings until they begin taking distributions from their account.
The Florida Unemployment Compensation Law covers all employees. Unemployment insurance provides temporary income to offset wages lost to employees who are laid off or separated from employment through no fault of their own may.
Vacation and Sick Days
On an annual basis, salaried full time employees earn, paid sick and/or vacation days as indicated below:
Sick / Vacation
Executive Service 16.25 /30
Faculty (12 Mos.) 13 /22
Faculty (9/10 Mos.) 13/ 0
A&P 13/ 22
USPS 13/13 (1-5 years)*
16 (6-10 years)*
20 (10 years)*
*Accrual is based on the years of employment
Part-time employees accrue their leave proportionate to the percentage of their appointment. IMM 300
The University, via Florida Workers' Compensation Plan compensates employees who are injured and disabled as a direct result of their employment. The method of determining compensation is based on the salary of the affected employee and the extent of the injury. All medical expenses and drug bills connected with job injuries are paid by Workers' Compensation Insurance. Employees who receive a job injury that is compensable under the Workers' Compensation law may be carried in full pay status as outlined under Job-Connected Disability Leave. Thereafter, Worker's Compensation pays 66 2/3% of the employee's average weekly wage up to a specified maximum. The employee may use accrued leave to remain in full pay status while on job-connected disability leave . IMM 303