Illinois College offers an extensive benefits package to all full-time employees. Benefits include dental, health, vision, disability, and life insurance. In addition to our insurance plans we offer a flexible spending account, tuition remission/exchange and generous vacation and sick leave.
The College pays a majority portion of the health insurance premium for employees and 50% premium for dependents. The College covers the first portion of the plan deductible through an HRA.
The College pays for vision insurance for all full-time employees and then the employee has the option to pay for coverage for their dependents.
The College pays the life insurance premium for coverage of one times salary and the employee has the choice of selecting coverage of one, two or three additional times their salary at the employee’s expense.
The College pays 50% of the long-term disability benefit.
The following are available at employee’s expense: group dental insurance; supplemental AFLAC insurance coverage including accident, short term disability, cancer, specified health event, and long-term care.
Flexible Spending Account
The College offers a flexible spending account (FSA) through TASC FlexSystem. The College does not contribute to this account, however, benefits are tax-free.
The College participates in the Teachers Insurance and Annuity Association’s (TIAA-CREF) retirement program. Participation in the retirement plan is mandatory to all eligible employees. Employees must contribute at least 5 percent of their gross pay per pay period and the College matches with a 7 percent contribution. Employees also have the option to participate in a supplemental retirement plan with no contribution from the College.
Illinois College Tuition Remission / Exchange Program
The College offers tuition remission and exchange to all full-time employees and their dependents. Please contact the Human Resources Office for more information.
Insurance Enrollment Periods
Employees are eligible to enroll in the insurance plans during the first 30 days of employment or during annual open enrollment. You can make changes to your plan only during enrollment periods or if you have a “qualifying event” throughout the year.