Eligible employees at Clover Park Technical College (CPTC) receive a generous benefits package in addition to their paycheck, including:
Eligible employees may choose from among eight health plans offered in 2017, including Consumer-Directed Health Plans with Health Savings Account (CDHP-HSA):
In addition, those residing in the southwest region of Washington or northwest/northern region of Oregon may select:
Eligible employees may choose from two managed care plans and one preferred provider plan. Dental premiums for you and your dependent(s) are fully paid by CPTC. Plan options include:
CPTC provides each eligible employee with $35,000 Basic life insurance, and $5,000 Accidental Death and Dismemberment policy at no additional cost. Options allow employees to design their own coverage by purchasing an additional coverage as well as coverage for dependents.
CPTC pays for Long-Term Disability (LTD) coverage with a 90-day waiting period and a maximum benefit of $240 per month. You may purchase additional optional LTD overage to supplement the Basic LTD, providing up to 60 percent of monthly salary (calculated on a maximum annual salary cap of $120,000) following a waiting period you select.
Consider contributing to a tax-exempt Flexible Spending Account (FSA) that allows you to save money on eligible medical expenses.
An opportunity to reduce taxable income by setting aside money from each paycheck (before taxes) to pay for dependent care expenses.
The employee assistance program is for State of Washington employees, other governmental entities, and their family members. EAP offers free professional counseling and referral services.
CPTC participates in several retirement plans administered through the Washington State Department of Retirement Systems and TIAA. Eligibility in the plans is based on your current classification. Once a plan choice is made it is irrevocable.
The Voluntary Investment Plan (VIP) is an optional, unmatched retirement savings plan, operating under Section 403(b) of the IRC. VIP participants may contribute to a pre-tax 403(b) contribution and/or a post-tax 403(b) Roth contribution.
Washington State Deferred Compensation Program (WSDCP) is an additional retirement savings program under IRC 457(B) that provides even more optional retirement savings. WSDCP is deducted pre-tax and the savings grow tax-deferred.
CPTC observes 10 holidays per calendar year:
Employees accrue vacation, sick, and personal leave based on their classification. To determine the accrual rate, refer to the appropriate contract or collective bargaining agreement.