Benefit/Retirement Plans for New Staff/Faculty
NC State offers a comprehensive benefits package designed to provide a variety of choices for Staff/Faculty and their families. Please take some time to review the following benefits and retirement plans available for employees.
Benefits Eligibility
Benefit Eligibility |
SPA/EPA < .49 FTE |
SPA/EPA .5 -.749 FTE |
SPA/EPA > .749 FTE less than a 9 mo. appointment |
SPA/EPA > .749 FTE 9mo. or greater
contract/appt. |
| Health Insurance | Not eligible | Eligible, but at full cost | Eligible, but at full cost | Eligible for employer-paid coverage for employee, dependents are at full cost |
| Other insurance plans (dental, vision, etc.) | Not eligible |
Eligible, but at full cost | Eligible, but at full cost | Eligible, but at full cost |
Mandatory Retirement Plans |
Not eligible | Not eligible | Not eligible | Eligible |
Enrollment Period for Benefits/Retirement
Benefit Plans |
Enrollment Period |
| Health, dental, vision, flex spending, cancer, accidental death, life, critical illness, legal plan, | 30 days. Failure to enroll in your first 30 days may cause significant waiting periods or denial of coverage. |
Mandatory Retirement Plans (TSERS or ORP) |
60 days. Failure to enroll in your first 60 days will result in a mandatory default into the TSERS plan. |
Disability Plans (Liberty Mutual or Standard) |
60 days. These plans are dependent upon your mandatory retirement plan choice. Failure to enroll may cause significant waiting periods or denial of coverage. |
9-month Faculty Paid Over 12 Months
If a 9-month faculty member is hired in July but does not begin their actual contract start date until August, benefits enrolled in will begin on September 1. For 2013, a 9-month faculty member could enroll in benefits between August 21, 2013-September 20, 2013. Benefits could be effective as early as September 1, 2013. Eligible SPA and EPA employees have 60-days to decide on a mandatory retirement plan.
Benefits Offered at NC State University
Health Insurance |
NCFlex Dental Insurance |
NCFlex Vision Insurance |
NCFlex Life Insurance |
Accidental Death/Dismemberment |
NCFlex Cancer Insurance |
NCFlex Critical Illness Insurance |
Health Care Flexible Spending |
Dependent Daycare Flex Spending |
MetLife Life InsuranceQuick Highlights of the MetLife Life Insurance Enrollment Instructions |
State Retirement Plan (TSERS) |
Optional Retirement Program |
Voluntary Retirement PlansQuick Highlights of the Voluntary Retirement Enrollment Instructions |
Disability PlansQuick Highlights of the Disability Plans Enrollment Instructions |
Other NC State BenefitsQuick Highlights of the Other NC State Benefits Enrollment Instructions |
Leave Time AccrualsQuick Highlights of annual leave time accrual |
Sharing the Cost
NC State makes a contribution towards the cost of some employee benefit plans.