Augsburg College offers a competitive and comprehensive benefits package designed to meet the needs of employees.
FACULTY AND STAFF
Faculty and Staff are eligible for benefits if they are .75 full-time (FTE) equivalent or above
Group Medical Coverage
Employees working .75 (FTE) or above may participate in either of the 2 group medical insurance plans. Both plans are offered by Health Partners. Coverage begins the first day of the month on or following the date of hire. Preventive care, including routine physicals, cancer screenings, and prenatal and well child visits are covered at 100% with no deductibles.
Group Dental Coverage
Employees working .75 FTE or above may participate in Augsburg’s group dental coverage through Delta Dental. The plan provides coverage for most services, including preventive services, restorative services, and orthodontics for dependents under the age of 19. There is an annual deductible of $25 per person/$75 per family for non-preventive services. Coverage begins the first day of the month on or following the date of hire.
Group Life and Accidental Death and Dismemberment Insurance
A group term life insurance policy is provided for employees working over .75 FTE. The coverage is equal to 1 x base salary. The premium is paid by the College. The Accidental Death and Dismemberment policy doubles the amount of life insurance received if the death is accidental. It also pays partial benefits for the loss of limbs. Coverage begins the first day of the month on or following the date of hire.
Voluntary Life and Accidental Death and Dismemberment Insurance
An employee may choose to purchase additional life insurance and accidental death and dismemberment insurance through this voluntary life insurance program.
Voluntary employee participation may begin at any time. The matching part of the retirement plan may begin after one year of service. The plan has immediate vesting. For the match, employees contribute 5% of their base salary on a pre-tax basis and the College matches with a 5% contribution. After 4 years of matching participation in the Plan, the College contributes 8%, and no mandatory contribution is required by the employee. Employees may choose to make additional voluntary contributions.
Flexible Spending Medical & Dependent Care Reimbursement Program
Employees working .75 FTE or above may participate in this plan. An employee can establish a Health Care Expense Account and use that account to cover family health care expenses not covered by insurance and/or a Dependent Care Expense Account and use that account to cover certain expenses involved in caring for dependents while working.
Health Savings Account
If eligible, employees can choose to have pre-tax contributions made from their paycheck to a health savings account for healthcare expenses.
Benefits eligible employees and their spouses may take up to two classes per term according to policy guidelines. Dependent children of benefits-eligible employees may be eligible for tuition benefits at Augsburg College, ACTC Colleges, ELCA Colleges, and other colleges according to each program’s requirements. There is a one-year waiting period for benefits.
Please review our benefits summary brochures for more information: