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Retirement
EMPLOYEES ARE AUTOMATICALLY ENROLLED IN THE FOLLOWING PLAN:
- FICA Alternative Plan: A defined contribution plan whereby participants contribute 7.50% of their wages and decide how to allocate the money in their account among the available investment funds.
ADDITIONAL PLANS YOU MAY ADD TO YOUR RETIREMENT:
- Voluntary 457 Deferred Compensation Plan: Retirement savings plan that allows employees to defer receiving a portion of earnings until retirement.
- 403(B) Plans: Intended to supplement retirement income from a state plan or act as a stand-alone plan.
- UF Tax-Deferred 403(B) Plan: Contributions and earnings are allowed to grow tax-deferred until the money is taxed as income when withdrawn from the plan.
- UF After-Tax Roth 403(B) Plan: Participants pay taxes as contributions are made and qualified distributions are tax-free.
Health Plans
*State of Florida benefits are available to employees who work 30 hours per week or more (.75 FTE) on average over the defined measurement period.
Dental Plans
*State of Florida benefits are available to employees who work 30 hours per week or more (.75 FTE) on average over the defined measurement period.
**UF Select & GatorCare benefits are available to employees 20 hours per week or more (.50 FTE).
Vision Plans
*State of Florida benefits are available to employees who work 30 hours per week or more (.75 FTE) on average over the defined measurement period.
**UF Select & GatorCare benefits are available to employees 20 hours per week or more (.50 FTE).
Life Insurance
*State of Florida benefits are available to employees who work 30 hours per week or more (.75 FTE) on average over the defined measurement period.
**UF Select & GatorCare benefits are available to employees 20 hours per week or more (.50 FTE).
Time Away
Disability Insurance Plans
**UF Select & GatorCare benefits are available to employees 20 hours per week or more (.50 FTE).
Other Supplemental Plans
*State of Florida benefits are available to employees who work 30 hours per week or more (.75 FTE) on average over the defined measurement period.
**UF Select & GatorCare benefits are available to employees 20 hours per week or more (.50 FTE).