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47

III.F.2. Retirement

Information about the College's present policy governing retirement from regular appointment to

the Faculty or Administration, and the College's retirement benefit plan, as approved by the

Board of Trustees, may be obtained from the Associate Vice President for Human Resources.

III.F.3. Life Insurance

The College provides a life insurance policy in the amount of $50,000 and an accidental death

policy in the amount of $50,000 for each full-time faculty member at no cost to the faculty

member.

III.F.4. Flexible Benefits Plan

Eligible employees are allowed to tax-shelter premium payments for health, cancer, and dental

insurance plans upon date of hire. The plan also allows employees to be reimbursed on a tax-

free basis for eligible medical, dental, and dependent-care expenses through flexible spending

accounts.

III.F.5. Long-Term Disability Insurance

Disability insurance is available at the option of the individual. Information regarding this

insurance is available from the Associate Vice President for Human Resources.

III.F.6. Institutional Benefits: Tuition Remission/Grants

Remission of tuition at Birmingham-Southern is available to all full-time, continuing members of

the Faculty and Staff for their spouses and/or children. Complete information regarding policies

and procedures is provided in

Appendix A

of this

Handbook

.

The College also participates in the tuition exchange program sponsored through the Associated

Colleges of the South. A fee is paid by the employee and the College to participate in this

program.

This program provides tuition remission benefits for the children of full-time faculty

and staff members at other participating institutions of the Associated Colleges of the South.

The College also participates in the National Tuition Exchange Program, a number of national

colleges and universities with which the College has tuition exchange benefits. More detailed

information regarding tuition exchange is available from the Office of Financial Planning.

III.F.7. Faculty Family and Medical Leave Policy

Please see

Appendix G

of this

Handbook

for details of the Faculty Family and Medical Leave

Policy.