Wartburg College offers a Flexible Benefits Plan to eligible employees.
Benefit Year: January 1 - December 31
Eligibility: Full-time faculty status (5/7 load), administrative staff who work at least 3/4 time, and support staff who work at least 1486 hours per year
Eligible employees may select from one of five banks: employee, employee + spouse, employee + child(ren), family, or waive. Wartburg College provides a specific number of dollars* toward each bank. Employees may select from two or more levels of coverage for health and dental insurance. Long-term and short-term disability insurance and life insurance (two times annual salary or minimum $50,000) are provided by the college.
*For the current year, banks contain 70-80% of health and dental amounts.
Wartburg College contributes 6.20% of earnings and employees contribute 4.2% to FICA (to a defined limit) and 1.45% of all earnings to Medicare. Employee contributions are withheld from the salary check. Ordained clergy may claim self-employed status for purposes of Social Security, in which case they pay their own Social Security.