Franklin College is committed to providing a comprehensive benefit program as an integral part of each full-time employee’s total compensation package. The following summary highlights benefits available to you through your employment at the College. Please note that this information may change at any time without notice.

Health Insurance

• Self-insured health insurance
• ANTHEM Network
• Eligible on the first day of the month following date of employment

Dental Insurance

• Self-insured dental insurance
• ANTHEM Network
• Eligible on the first day of the month following date of employment

Life Insurance

• Basic Term Life and AD&D funded by the College, equal to $50,000
• Eligible on the first day of the month following date of employment

Travel Accident Insurance

• College funded, equal to $50,000 while traveling on college business
• Eligible on the first day of the month following date of employment

Disability Insurance

• Long-term benefits available (after 3 months disability for staff; 6 months disability for faculty) 
• Benefits is 60% of base salary up to $7,500 per month
• Provides contributions to retirement annuity
• Eligible after one year of continuous employment (waived if currently covered by previous employer’s disability insurance)                      

Flexible Benefits

• Pre-tax health and dental premium contributions
• Pre-tax spending account for out-of-pocket medical expenses
• Child and Elder care pre-tax spending account

Retirement – 403(b)

• Tax Deferred Retirement Annuity program with TIAA/CREF
• Optional Supplemental Retirement Annuity Program
• Employer contributions will be allocated to the individual accounts of qualifying participants each Plan Year equal to the sum of 11 percent of the qualifying participant’s compensation for the Plan Year up to $40,000 plus 15 percent of such qualifying participant’s compensation for the Plan Year in excess of $40,000.

Tuition Remission

• Tuition Waiver for employee (one class per semester, fall & spring)
• 100% tuition remission for spouse and children after one year of employment
• Tuition remission for dependent children at participating colleges

Other Benefits

• Paid Annual Leave and Sick Time
• Paid Holidays
• All working days between Christmas Day and New Years Day will be paid    annual leave days. This is in addition to earned annual leave.
• Credit Union Membership
• College Bookstore Discount (10%)
• Food Services Discount
• Free Admission to Franklin College Events
• Free Parking
• Library Privileges
• Athletic Facilities Privileges (employees & immediate family)
• Employee Assistance Program
• AFLAC benefits

New employees routinely attend an OnBoarding program during which employee benefits programs are explained in detail. The summaries furnished here are governed by the provisions of applicable documents pertaining to various benefits offerings and may change at any time without notice.

If you have any questions regarding these benefits, please contact Maureen Pinnick,PHR, Manager of Employee Resources, (317) 738-8028 or employeeresources@franklincollege.edu