Benefits for Full-Time Employees
Employees are offered the choice of two retirement plans â€“ the Wyoming Retirement System or the TIAA/CREF plan. TheÂ District contributes 16.37% of the employeeâ€™s salary to either plan. The employeeÂ pays .25% of the employee’s salary.
Wyoming Retirement â€“ This retirement option is available to all State & College employees through the State of Wyoming. It is a Defined Benefit plan which utilizes a standard formula to determine the monthly benefit at retirement.
TIAA/CREF â€“ TIAA/CREF is a Defined Contribution plan. This plan allows the employee to make all investment decisions by providing numerous investment options (mutual funds, stocks, bonds, guaranteed savings etc.)
In addition, theÂ District offers supplemental retirement accounts, either a 457 plan or a 403(b) plan.Â Each allows the employee to take advantage of pre-tax savings through payroll deduction.Â There is also a Roth 457 that is available for employees wanting that option.
TheÂ District offers qualifying employees health insurance, dental insurance, and life insurance. The health and dental plans have designated preferred providers through the Great West Insurance provider network. Coverage is provided by the State of Wyoming through contracts with Cigna, Delta Dental and Minnesota Life.
TheÂ District currently pays of 85% of the total premium cost (employee only level, slightly less for other levels).
Paid time off is available for full-time employees in the following plans:
Vacationâ€“ 20 days/year for Administrative Staff,Â ExecutiveÂ Staff andÂ Classified staff (for 10 and 11 month full-time contracts, the amount is pro-rated)
Holidays â€“ The Board of Trustees designates at least nine (9) and not more than sixteen (16) holidays annually.
Medical – Full-time employees accrue 1.5 days of medical leave per month.Â A maximum of 120 medical days can be accrued.Â Employees can convert up to two days of medical leave to vacation (for staff, or supplemental leave for faculty) as follows:Â 0-2 medical days used eligible to convert 2 days vacation/supplemental leave; 3-4 medical days used eligible to convert 1 day vacation/supplemental day.Â An additional 22 days of medical leave is available for extended illness and is paid at 2/3 pay upon approval.
Personal – Employees may take up to 2 days/semester for paid personal leave.
Flexible Benefit Plan
Employees can choose to set up an account to pay with â€śpre-taxâ€ť dollars the following qualified expenses:
Flexible Spending Account â€“ To pay for employee contributions to health, dental, and life insurance premiums.
Medical Reimbursement Account â€“ For any qualified medical expenses that are not covered by insurance.
Dependent Care Account â€“ Allowable expenses for dependent care.
Long-Term Disability Insurance
This insurance plan provides income protection in the event of total disability of the employee. It pays 66 2/3% of base earnings during the period of disability after a 90-day waiting period.
Additional Fringe Benefits
Employee Assistance Program
Tuition Grants for CreditÂ Courses at NWCCD
Admission to some Campus Activities
College Dental Clinic services at no charge
Supplement Retirement Investing–available through payroll deduction