EMPLOYEE BENEFITS
As an educational community, the Academy has an administration, a faculty, and a student body committed to learning. We pursue this commitment in a dynamic environment that fosters lifelong intellectual independence, responsibility, teamwork, service, and respect for others. We are committed to creating and maintaining a diverse and inclusive community that is physically and emotionally healthy.
HEALTHPLANS
PlanyearisJuly1,2025–June30,2026
WeoffertwohighdeductibleplansthroughHarvard Pilgrim(PPOandHMO).TheAcademyfundsa portionofthedeductiblethroughahealthsavings account(HSA)orahealthreimbursementaccount (HRA).EmployeesmayalsocontributetotheHSA. Withbothplanofferings,oncethedeductibleis met,allservicesarecovered,unlesssubjecttocopays.Theplanfeaturescomprehensivecoverage forawiderangeofpreventiveandmedicalservices, includingroutineofficevisits,well-babycare, immunizations,hospitalizationandworldwide emergencycare,andprescriptiondrugcoverage. EmployeesandGovssharethecostofthehealth plan.
PPOOption
TheAcademypays75%ofthepremium.
VISIONPLAN
Planyear:July1,2025–June30,2026
Eyemedprovidesservicesforeyehealthincluding expensesforlenses,frames,andcontactlenses Otherdiscountsarealsoavailablewiththisplan. Thereisnocostsharingwiththevisionplan; employeespayfortheirpremium
(The employee is responsible for the remaining portion of the deductible)
The Academy pays 75% of the premium.
DENTAL PLAN
Plan year: July 1, 2025 – June 30, 2026
The Delta Dental plan offers preventive, basic, and major services including orthodontia. The calendar year maximum benefit is $2,000 per person. Orthodontia is covered at 50% of maximum plan allowance charges and a $2,000 separate lifetime maximum. Employees and Govs share the cost of the dental plan
Plan year: July 1, 2025–June 30, 2026
A self-insured health plan sponsored by the Academy for the purpose of reimbursing an employee for certain out-of-pocket expenses associated with being enrolled in the Academy’s PPO or HMO health plan The Academy will contribute $1,500 towards an individual plan and $3,000 towards a two-person and family plan in order to help cover the deductible You are only eligible for the HRA if you are ineligible for the HSA.
Savings Account (HSA)
Plan year: July 1, 2025–June 30, 2026
An HSA is a personal savings account to pay for current or future qualified medical expenses-tax free. The account and all the funds in it belong to you The HSA is attached to the PPO and HMO health plans The Academy will contribute $1,500 towards an individual plan and $3,000 towards a two-person and family plan in order to help cover the deductible Employer contributions will occur incrementally throughout the plan year Employees may contribute to the HSA as well Annual maximums apply A catchup is available to employees age 55 and older. Please see HR for details
Spending Accounts, Section 125 (FSA)
Plan year: July 1, 2025–June 30, 2026, with an extended 2.5-month grace period.
A Health Care FSA is designed to reimburse for out-of-pocket health care expenses that are not reimbursable through any other benefit. Some examples of eligible expenses are deductibles, co-pays, prescription eyeglasses, vision exams, and dental expenses. Annual Maximum: $3,300
A Dependent Care FSA is designed to reimburse for expenses incurred to care for your eligible dependents to enable you to be employed. Some examples of eligible expenses are daycare and eldercare Annual Maximum: $5,000
RETIREMENT PLAN
TIAA-CREF (403b) Pension Plan
Eligible employees may enroll at any time during the year. Contributions to the 403b are made on a pre-tax basis
Roth Contribution Option
With the Roth option, your after-tax contributions have the potential to accumulate tax-free. Withdrawals after age 59½ are tax-free if the distribution is no earlier than five years after contributions were first made.
Employee (EE) Employer (ER)
OTHER BENEFITS
BasicLifeInsuranceMutualofOmahais100% paidbytheAcademy3xannualsalaryupto $300,000
ShortTermDisabilityCoveredfrom66.67%to 100%bytheAcademydependingonyearsof service
LongTermDisabilityMutualofOmahais100% paidbytheAcademy.Thebenefitisequivalentto 60%ofbefore-taxmonthlyearnings,nottoexceed theplan’smaximummonthlybenefitamountless otherincomesources
EmployeeAssistanceProgram(EAP)Educator’s EAPis100%paidbytheAcademy.Aconfidential programdesignedtoassistwithyourwell-beingand workandlifeneedsPleaseseeHumanResources foracompleteplandescription
PersonalLeave(AdministrativeFaculty/Staff andSupportStaffOnly)TheAcademyprovides leavesofabsencewithpaytoeligibleemployees whowishtotaketimeofffromworkdutiesto fulfillpersonalobligations.Eligibleemployeeswill receivethree(3)personaldaysperyear.
SickLeaveTheAcademyprovidespaidsickleave benefitstoalleligibleemployeesforperiodsof temporaryabsenceduetoillnessorinjuriesin accordancewiththispolicy.Eligibleemployeeswill receiveseven(7)daysofpaidsicktime.Unusedsick leavebenefitsareallowedtoaccumulatetoatotalof sixty(60)daysofsickleavebenefits
HolidaysTheAcademyofferspaidholidaystoall eligibleemployeesimmediatelyuponassignment toaneligibleemploymentclassification.Thereare about16paidholidays,dependingontheyear’s scheduleThisincludesfive(5)floatingholidays
DiningHallDuringtheschoolyear,faculty,their spouses,andtheirchildrenarewelcometoeat allmealsinthedininghall Staffarewelcometo eatmealsduringtheirworkhoursinthedining hall
BookstoreEmployeesmaypurchaseitemsin thebook storeatcostless10%.Allitemsmust bepaidforatthe timeofpurchase.
GolfClubAlimitednumberofdiscounted membershipsareavailablefortheOuldNewburyGolfClub Formoreinformation,pleaseseetheBusinessOffice RecreationalFacilitiesTennisCourts,Field HouseCourts(tennis,volleyball,basketball), Track,WeightRoom,FitnessRoom,andIceRink areavailableforusetoallemployees.
LibraryAllemployeesarewelcometousethe libraryfacilities
STAFF-ONLY BENEFITS
Afull-timestaffemployee,workingatleast1,250 hoursina52-weekperiod,iseligibleforbenefit plans PleaseseeHumanResources(HR)formore detailsonallplans
PaidTimeOff(PTO)Eligibleemployeesmay request/usePTOimmediately.Thereisnowaiting period.PTOiscalculatedonthebasisofthe employee’sanniversarydate,andtheaveragehours workedintheprioryear.PleaseseetheEmployee Handbookfordetail.
Vacation
(Workingatleast2,080hoursper annum)
Vacationtimeoffwithpayisavailabletoeligible employeestoprovideopportunitiesforrest, relaxation,andpersonalpursuits Theamountof paidvacationtimeemployeesreceiveeachyear increaseswiththelengthoftheiremployment.
SupportStaff
AtStartDate
After10years
After20years
AdministrativeStaff
AtStartDate
After10years
After20years
20 days (4 weeks) 25 days (5 weeks) 30 days (6 weeks)
20 days (4 weeks) 25 days (5 weeks) 30 days (6 weeks)
Educational Assistance
The Academy supports the development of staff through an annual budget to support pursuits of seminars, workshops, and other professional development Staff need approval from the direct manager, and courses must be directly related to the employee’s current position.
FACULTY-ONLY BENEFITS
Vacation (Administrative Faculty Only)
Vacation time off with pay is available to eligible employees to provide opportunities for rest, relaxation, and personal pursuits The amount of paid vacation time employees receive each year increases with the length of their employment
Administrative Faculty
At Start Date
After 10 years
After 20 years
20 days (4 weeks)
25 days (5 weeks)
30 days (6 weeks)
Professional Development: In-service workshop program (2–3 days per year)
Budget for individual pursuit of graduate study, conferences, workshops and other professional development.
Budget for the development of the department en masse.
EnrichmentGrantsAfter8yearsofcontinuous service,facultyareeligibletoapplyforoneof eightawardsmadeannuallyfor$3,500.The FacultyEnrichmentProgramallowsfull-time facultytorenewthemselvesbypursuinga personallyrewardingexperienceinawaythat doesnotinterferewithone’sdutiesatAcademy.
TuitionRemissionTheAcademyprovidesa programoftuitionremissionforthechildrenof faculty(biological,adopted,orstepchildren) whoareacceptedintotheAcademy.Childrenof full-timeAcademyfacultymustfollowthesame admissionsprocedureasdootherstudentsseeking admissiontotheAcademy.PleaseseetheEmployee Handbookformoreinformation.
FacultyHousingFacultymembersthathavelivedand servedinadormitoryfor10years,mayborrow fromtheAcademy,$3,500foreachyearofservice, uptoamaximumof$50,000,atanannualinterest rateof3%,topurchaseahome PleaseseeHRfor thepolicywithcompletedetails
BenefitsPrograms,IncludingCostandBenefit Coverage,aresubjecttochange UpdatedMay2025 Thisdocumentisasummary;additionaldetailsare locatedinTheGovernor’sAcademyEmployee Handbookorotherplandocuments PleaseseeHuman Resourcesforcompletedetails
USEFULCONTACTS
YvonneAbenante,DirectorofHumanResources yabenante@govsacademyorg9784993212
HealthPlansInc.(HPI) www.healthplansinc.com 877.906.5730
HealthEquity www.healthequity.com 877.826.6882
DeltaDental www.deltadentalma.com 800.872.0500
Eyemed www.eyemed.com
Kristin Dolan, Assistant Director of Human Resources kdolan@govsacademy.org 978.499.3371
TIAA-CREF www tiaa-cref org 800.842.2776
Employee Assistance Program (Educator’s EAP) educatorsEAP.com 800 225 2527
Life Ins./Short Term Disability/Long Term Disability (Mutual of Omaha) www mutualofomaha com 800.769.7159
1 ELM STREET BYFIELD, MA 01922 978 465 1763
