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Benefits

2711 Sullivan drive
Raleigh, NC 27695

Phone: 919-515-2151

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Benefit/Retirement Plans for New Staff/Faculty

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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.