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Full-time
Classified Staff Benefits
Medical Insurance: After
61 days of employment, 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: After 61 days of employment, 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 In the event of separation from employment before vesting, the employee contributions may be withdrawn.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 13)
Thanksgiving (the Fourth Thursday-Friday in November)
the day of Christmas Eve
Christmas Day
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 beginning with the Friday
following Memorial Day and continuing until the Friday of the week preceding
the beginning of the academic year.
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