Medical Insurance SAU Tech's major medical insurance provider is Health Advantage. SAU Tech pays for the employee only portion of the insurance. The employee must pay to add other dependents. The costs are as follows:
SAU Tech's 3-tier drug plan has the following co-pays:
Life Insurance The amount of coverage is 1.5 times the annual salary for all SAU Tech employees. Accidental death and dismemberment coverage is also included. Coverage is paid by SAU Tech.
Unemployment Insurance Coverage is paid by SAU Tech.
Worker's Compensation Benefits Coverage is paid by SAU Tech. The State of Arkansas requires faculty/staff to use the USAble's PPO network
Dental Insurance SAU Tech does not directly provide dental insurance for employees. However, you may obtain this benefit through the State Employees Benefits Association. To be eligible for any of their benefits you must first join the Arkansas State Employees Association (ASEA). SAU Tech also offers a dental plan through Blue Cross Blue Shield.
ASEA To join the association, you must pay annual dues of $52.00 or have a monthly amount of $4.34 deducted from your check. You will receive a newsletter and information about the association as well as be able to participate in their benefits, which include:
River Valley Credit Union You may join and we will deduct the amount you elect through payroll deduction.
Voluntary USAble Products Theses are available through USAble by calling (800) 648-0271 or enrolling with the representatives that are on campus twice a year during the open enrollment period.
Short-Term and Long-Term Programs Accident Plus Voluntary Accidental Death and Dismemberment Heart Attack & Stroke Hospital Indemnity CancerCare
Flexible Spending Plan Internal Revenue Section 125 plan for faculty/staff reduces taxable income for medical, health insurance, and child care expenses withheld in accordance with IRS guidelines. Payroll deductions included in the flexible spending plan are not subject to federal, state, or social security taxes.
Leave plus 11 paid holidays
Leave and holiday benefits
Meet our Staff
Debbie Beasley Payroll/Benefits Manager 870.574.4507
SAU Tech Tuition Waiver Full-time appointed employees, their spouse, and dependent unmarried children through age 23 are eligible for a full tuition waiver at the SAU Tech campus.
SAU Magnolia Tuition Waiver Full time faculty/staff are eligible for a full tuition waiver for classes at SAU Magnolia. Employee's spouse and unmarried dependent children through age 23 will receive a 100% tuition waiver for classes at SAU Magnolia. The employee, their spouse, and/or unmarried dependent children through age 23 will be eligible for a tuition waiver at the start of the term following the employee's date of employment. (Effective October 1, 1993).
Waiver Form
Retirement Programs All full-time appointed faculty/staff are required to participate in a retirement program. The actual program selected may vary based on date of initial employment, previous participation in a retirement program, and legislative eligibility requirements. Faculty, non-classified administrative, professional staff, and classified managers may choose any of the three options given. Other classified staff may normally choose option one or three. SAU Tech will contribute a minimum of 10% of your gross salary in the plan you select. You must elect a plan within 30 days of hire or you will automatically be enrolled in one of the state plans. Employees may choose from three different retirement plans. Two are state retirement plans, Arkansas Public Employees Retirement System (APERS) and the Arkansas Teachers Retirement System (ATRS). The other choice is the Optional 403(b) Retirement Plan.
Option I -- Optional 403(b) Retirement Plan The Optional Plan is a 403(b) tax-deferred savings plan with many of the same features of a 401(k). This plan is immediately vested - that is, you also own the contributions that SAU Tech makes to your plan. You must contribute a minimum of 6% and SAU Tech will contribute 10%. Your may contribute up to 10%.
SAU Tech offers 4 vendors in the optional plan:
Employees must contribute 6% - 10%. SAU Tech will contribute 10%. Contributions are taxed deferred. Vesting occurs on a monthly basis. SAU Tech's matching contribution cannot be withdrawn or transferred before age 55 and termination of SAU Tech employment.
Employees should consult with the Human Resources Office to enroll in the retirement plan of their choice.
Option II -- Arkansas Teacher Retirement Program - Defined Benefit Program. ATRS is a contributory retirement plan. SAU Tech will contribute 14% of your monthly gross salary to the retirement plan for you. The employee contributes 6%. This is a defined benefit contribution plan and has a vesting period of 5 years.
Option III -- Arkansas Public Employees Retirement System - Defined Benefit Program. APERS is a non-contributory retirement plan. SAU Tech will contribute 11.09% of your monthly gross salary to the retirement plan for you. The employee does not contribute. The is a defined benefit contribution plan and has a vesting period of five years.
Other benefits: If you are interested in any of the following, please contact the Human Resources Office.