Employee Benefits Summary - Central Virginia Community College

Employee Benefits Summary
On-line version of this form can be found on CVCC Homepage:
Contacts > Human Resources > Benefits
Welcome to Central Virginia Community College! We are so happy that you have chosen to
join our campus family. Please take a moment and review your Employee Handbook. Use
this guide as a quick reference for many issues relating to your employment with the
Commonwealth of Virginia. Below is a brief description of some of the most frequently
sought after information you as a new employee would like to know. If the topic you are
seeking is not found in this document or in the Employee Handbook, feel free to stop by or
call your Human Resources Office at 434-832-7611.
Health Care Options
CVCC offers health care coverage to our employees through Anthem Blue Cross/Blue Shield
and Aetna. The College pays the majority of the cost, the employee paying the remaining
pre-taxed by payroll deduction.
Flexible Spending Program
Flexible Spending Accounts allow you to set aside a portion of your pay, each pay period, on
a pre-tax basis for a fiscal year (July 1-June 30) with a $3.67 per month administration fee.
There are two types of reimbursement accounts: Medical and Dependent Care.
Retirement Plans
Full-time Classified Staff and Full-time Faculty participate in the Virginia
Retirement System Retirement Plan (VRS). The hybrid retirement plan is a
combination of two different types of plans: a defined benefit plan and a
defined contribution plan. Full-time Faculty has the choice of VRS or the
Optional Retirement Plan (ORP). The two ORP providers are Fidelity
Investments Tax-Exempt Services and TIAA-CREF. You become vested
when you accumulate five years of credited service.
Educational Assistance
All CVCC employees are eligible to take a maximum of six credit college credit hours per
semester (12 per year) tuition free at the college under the Educational Assistance &
Continuous Learning Program.
Voluntary Deductions
There are numerous voluntary deductions offered to employees through payroll deduction
i.e., U.S. Savings Bonds, United Way, Credit Union, personal insurance programs, etc.
Basic and Optional Group Life Insurance
As an employee, you are provided, at no cost to you, a two times (2x) your annual base
salary life insurance policy through Minnesota Life. You are also eligible to purchase
optional group life insurance for natural and accidental death and dismemberment for
yourself and your family.
Virginia Sickness and Disability Programs (VSDP)
VSDP gives employees sick leave, family and personal leave, and short and long-term
disability benefits. New classified employees are automatically enrolled after one year and
covered at 60% for the first five years and 100% after that time period. In addition, new
classified employees earn annual leave at a rate of eight hours per month. Faculty leave is
dependent upon the retirement plan selection.
Direct Deposit/PayLine
As a CVCC employee, you are required to use direct deposit. The ability to view/print your
pay history, pay stubs, and W-2 history is available on PayLine.
Deferred Compensation Plan
Whether you have the VRS defined benefit plan or one of the Optional Retirement Plans as
your primary retirement benefit, or if you are a wage employee, you are
eligible to enroll in the Commonwealth of Virginia 457 Deferred
Compensation Plan. Enrollment in the 457 State Deferred Compensation
will be automatic for full-time employees unless waived by the
employee. Current legislation provides for a Cash Match program for
qualified participants. The cash match amount is 50% of the employee
contribution up to $20 per semi-monthly or $40/per monthly payday.
Leave Sharing
Employees may request donated annual leave if the employee experiences leave without
pay due to a personal illness or injury or family member’s illness or injury for which the
employee is using Family and Medical Leave (FMLA). A qualified employee may request
donated leave by contacting the Human Resources Office. Complete information can be
found in the Employee Handbook.
3/2015