Full-Time Staff Benefits
Medical Insurance: Eligible as of hire date. Full-time staff are eligible for individual or family coverage, participating in Oakton's self-insurance, HMO Illinois, or BlueAdvantage health plans. The employee share of premium cost is eligible for tax sheltering under IRS Section 125.
Dental Insurance: Eligible as of hire date. Full-time staff are eligible for either individual or family coverage in Oakton's dental insurance. All premiums are tax sheltered under IRS Section 125.
Flexible Spending Account: Full-time staff employees may set aside pre-tax dollars for reimbursement of eligible health care and dependent care expenses, pursuant to IRS Section 125 regulations.
Term Life Insurance: One and one-half times annual salary rounded up to the next thousand dollars. Optional and dependent life insurance is available and is paid by the employee.
Tuition Waivers:The College will waive tuition for an unlimited number of Oakton credit-courses for employees, their spouse and children.
Tuition Reimbursement: Reimbursement for course tuition at other educational institutions is available according to contracted amounts.
Retirement:Full-time staff are required by state law to join the State Universities Retirement System (SURS). Employees contribute eight and one half percent of gross pay to SURS. Full-time staff vest their retirement account after five full years’ credited service. In the event of separation from employment before vesting, the employee contributions may be withdrawn.
Deferred Compensation Plans: The College offers 403(b) and 457 tax-deferred annuity plans.
Observed Paid Holidays:
- Labor Day (First Monday in September)
- Veteran's Day (November 11)
- Thanksgiving (the Fourth Thursday-Friday in November)
- the day of Christmas Eve
- Christmas Day
- New Year's Eve
- New Year's Day
- Martin Luther King's Birthday (Third Monday in January)
- President's Day (Third Monday in February)
- Memorial Day (Last Monday in May)
- Independence Day (July 4)
Sick Days: Full-time staff receive 15 sick days per year. Up to three of these days may be used for personal business.
Vacation: Non-exempt staff initially earn 10 vacation days per year; exempt staff initially earn 15 vacation days per year. Additional days are earned after five years of service. The maximum annual accrual for non-exempt staff is 19 days per year and for exempt staff 20 days per year.
Four-Day Summer Work Week: The College adopts a four-day summer work week (dates vary each year).
Early Childhood Centers: Discounted rate for employees. Click here to find out more about tuition rates.