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Summary Plan Descriptions

Wartburg College offers a Flexible Benefits Plan to eligible employees.

Benefit Year: Sept. 1 - Aug. 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 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.

Social Security
Wartburg College and employees each contribute 6.20% of earnings 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.


 

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