Procedure No by jianglifang


									                                                               Procedure No.                    12.12
                                                               Policy No.                         2.04
                                                               Date                        April 1979
                                                               Revised                 February 2009



        To give information concerning optional benefits that are provided for all full-time RCCC
        employees who elect such benefits and who make arrangements to cover the cost


        1.    Each employee is responsible to inquire of the Director, Personnel concerning
              any of the optional benefits in which he/she has an interest and to authorize
              payroll deduction as applicable.

        2.    It is the responsibility of the Director, Personnel to respond to inquiries and assist
              with applications for optional benefits. The Controller will implement payroll
              deduction processes as applicable in cases where employees elect to take
              advantage of optional benefits.

        3.    It is the responsibility of the Employee Benefits Committee (which is appointed by
              the President) to review pertinent financial data and make a recommendation to
              the President as to whether a prospective insurance company or optional benefit
              plan should be accepted or declined.

        4.    It is the responsibility of the Employee Benefits Committee to periodically review
              all approved insurance coverage, financial position of insurance carriers, and
              report to the President any recommendations for change.

        5.    In the case of tuition exemption, it is the responsibility of the employee who
              wishes to take a tuition-exempt course to initiate action as described in the
              procedure below.



        The college maintains group policies for the following types of coverage: (1) dental
        insurance, (2) group term life insurance, (3) cash value permanent life insurance, (4)
        accidental death and dismemberment, (5) group disability, (6) cancer insurance, (7)
        long-term care, and, (8) vision care. Employees may select coverage under any of
        these plans. All of these plans have been approved by the State of North Carolina for
        payroll deduction. Full details on policies offered under these group plans may be
        obtained from the Director, Personnel.

                                    Procedure 12.12 - Page 1
Procedure 12.12 (continued)                                                                      2/09


           Professional liability insurance is mandatory for faculty in the Allied Health and Early
           Childhood Education programs if individuals are to be involved in clinical experience.
           Faculty to whom this applies should contact the Controller for more information.

           STATE-SPONSORED 401 (k) AND PROGRAM 457 (Deferred Compensation Plans)

           The State of North Carolina has sponsored a 401(k) plan which is available to all
           teachers and state employees who are participating in the teachers and state
           employees retirement system. This plan has the principle characteristic of sheltering
           current compensation from current income tax while deferring income tax on profits
           made under the plan until retirement. The State of North Carolina has chosen
           Prudential to administer this plan.

           RCCC employees also have the option of contributing to a 457 Deferred Compensation
           Plan through TIAA-CREF. A Section 457 plan is a deferred compensation plan
           available to employees of state or local governmental entities, agencies of such entities,
           or many of the tax-exempt organizations under Code Section 501.

           Each employee should carefully weigh his/her investment goals and the level of risk
           associated with each investment alternative before choosing the type of investment
           vehicle that meets his/her needs. In addition, each employee should understand that all
           investments have some degree of risk.

            (Note: RCCC previously offered full-time employees the option of contributing to a tax
           sheltered annuity program or 403(b) plan for tax-exempt non-profit organizations.
           However, new regulations for 403(b) plans took effect January 1, 2009. Because of the
           complexity and liability involved for the employer in administering these plans, a
           recommendation was made and approved to freeze all 403(b) plan deductions for
           RCCC employees. Therefore, effective January 1, 2009, RCCC employees are no
           longer able to deduct and shelter 403(b) contributions at RCCC.)


           The North Carolina State Employees’ Credit Union is a cooperative savings and loan
           association providing a resource for savings and for credit. All full-time RCCC
           employees are eligible to join the Credit Union. For further information, contact the
           Branch Manager of the Credit Union, 1030 Mooresville Highway, Salisbury, NC or the
           Concord Office.


           Full-time faculty and staff members may enroll in one course per semester at RCCC
           without tuition charge during non-working hours. In order to do this, the employee
           should complete an application form, see an advisor, and complete a registration form.
           He/she should then get the Vice President or Dean for the area in which he/she is
           employed to sign (or initial) the registration form indicating his/her approval. The
                                       Procedure 12.12 - Page 2
Procedure 12.12 (continued)                                                                                 2/09

           employee will then complete the registration process in the same manner as other
           students (except the employee will not be required to pay tuition for the course).

           In unique situations, a vice president might authorize an employee, as part of the
           professional development plan of said employee, to attend a course during working
           hours because it is directly related to the employee’s duties and is intended to enhance
           the employee’s job performance and professional growth. Even in these cases,
           however, authorization should not be granted during working hours if the option is
           available for that same employee to take the course at another time that does not
           interfere with working hours. A vice president who authorizes an employee to enroll in a
           job-related course during working hours must do so in writing and justify the reason for
           doing so. Authorization will be valid for one semester only and must be renewed in
           writing by the vice president when it is appropriate to do so.

           Full-time RCCC employees are also eligible to take courses in other institutions in the
           North Carolina Community College System without tuition charge (limit of one course
           per semester in any of these institutions). To register without tuition charge in another
           institution, the applicant will need to inquire of that institution’s Director, Registrations
           concerning required procedures.

                                                               Original (signed) procedure is on file in the RCCC
                                                                                Personnel Office
                                                                   Dr. Carol S. Spalding, President

Originally:   Procedure No:             12.5
History Note: Original Date:     April 1979
              Revisions: December 1994
                          September 2005
                             February 2009

                                        Procedure 12.12 - Page 3

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