Long Term Disability Insurance

On the first of the month following three consecutive months of employment, the College provides all faculty members with Long Term Disability Insurance coverage. Under this plan, faculty are assured of replacement of a substantial portion of income when faced with long-term illness or injury. After certification of the disability by the insurance carrier, the plan provides the following benefits beginning the first of the month following six consecutive months of disability:

Group Life Insurance

On the first of the month following three consecutive months of employment, faculty members are eligible for College-paid group life insurance coverage. To age 65 the insurance coverage is equal to 1.5 times an employee's annual salary. Upon attainment of age 65, the amount of insurance is equal to 1 time the basic annual salary and 67% at age 70. In all cases, if the amount of insurance is not an even multiple of $1,000, it is raised to the next higher $1,000 multiple.

Employee Assistance Plan

The Employee Assistance Plan (EAP) is a confidential resource and referral service that the College makes available to all Amherst College employees, their spouses and dependents. The Wellness Corporation provides a number of services including consultation, problem assessment, referral and follow-up services for a wide variety of personal and health-related problems. Visit www.WellnessWorkLife.com for information on a variety of topics.

Group Health and Dental Insurance

Regular faculty are eligible to select one of the health care programs offered by the College.
Faculty may select individual or family coverage. Faculty enrolling in a plan will also be included in the Dental Plan in a corresponding individual or family contract. Specific plan details, current rate information and enrollment forms are available in Human Resources Office.

Retirement

As a faculty member approaches retirement, he or she should consult with the Dean of the Faculty and the Human Resources Office.
Retired faculty have emeritus status. Emeriti may participate in formal College ceremonies such as Commencement and convocation. They retain library privileges and full access to campus facilities though they cannot normally be granted the use of laboratory or office space. The College will invite those who retire in the area to participate in a variety of College social events.

Retirement

As a faculty member approaches retirement, he or she should consult with the Dean of the Faculty and the Human Resources Office.
Retired faculty have emeritus status. Emeriti may participate in formal College ceremonies such as Commencement and convocation. They retain library privileges and full access to campus facilities though they cannot normally be granted the use of laboratory or office space. The College will invite those who retire in the area to participate in a variety of College social events.

Insurance for Travel on College Business

Computer Purchases

Regular faculty members are eligible to purchase computers and some peripheral equipment at discount prices. A partial 24 month interest free loan for the purchase of this equipment may be arranged and paid for through payroll deduction.

Unemployment Compensation

All faculty of Amherst College are covered by the provisions of the Massachusetts Employment Security Law (commonly referred to as "Unemployment Compensation") and, therefore, are entitled to all applicable benefits under the act. This program provides weekly income benefits to all eligible individuals during periods of full or partial unemployment.

Employees on approved leaves of absence are not eligible for unemployment compensation.

The Amherst Plan

With the Amherst Plan, a flexible spending plan established under Section 125 of the Internal Revenue Code, all faculty members may elect annually to pay for certain eligible expenses with before-tax salary dollars—dollars excluded from income for Federal, State and Social Security purposes. By taking advantage of the tax savings options offered by the plan, faculty members may increase their take-home pay.

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