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Adjunct Faculty Benefits Orientation

Adjunct Faculty Benefits Orientation. TIAA-CREF ALTERNATIVE TO SOCIAL SECURITY PROGRAM. AUTOMATIC MANDATORY ENROLLMENT 7.5% of your pay is automatically deducted. Funds are deposited in a TIAA-CREF Money Market Account. TIAA-CREF sends enrollment packet directly to your home.

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Adjunct Faculty Benefits Orientation

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  1. Adjunct Faculty Benefits Orientation

  2. TIAA-CREF ALTERNATIVE TO SOCIAL SECURITY PROGRAM AUTOMATIC MANDATORY ENROLLMENT • 7.5% of your pay is automatically deducted. • Funds are deposited in a TIAA-CREF Money Market Account. • TIAA-CREF sends enrollment packet directly to your home. • Withdrawals may not be made from this plan while working for the College. • Withdrawals may only be made under specific circumstances noted in the memo.

  3. Retirement Account • In addition to the alternate plan, employees can elect to enroll in a tax shelter annuity 403(b) retirement account • List of 10 providers to choose from on MDC HR Benefits website • Employees can defer $17,500 for 2013 and employees age 50 years and above may contribute an additional $5,500 per year for a total of $23,000

  4. Part-Time Employee Beneficiary Designation Form • Records your beneficiary designation for your final paycheck in the event of your death while working for the College • To ensure funds are sent to the person(s) of your choice, complete and return this form to HR Benefits immediately

  5. Health Benefits • Benefits offered through Care Access Health Plan • Available to PT employees • Premium cost paid by employee are based on age and plan selected • Enroll directly with company at: www.mycareaccess.com - Access code: MDCP2006

  6. Wellness Center • Classes: Yoga, Pilates, Zumba, Kickboxing, etc • Employee fitness centers located at Kendall (G110), North (521), and Wolfson Campus (8601) . • For more information, please contact the wellness coordinators: Kendall (Cookie Rosell) Wolfson (Daniel Estape) North (Noemi Zaharia)

  7. MDC is now Smoke-Free Smoking is prohibited in all college buildings and outdoor campus areas including parking lots, grounds, rooftops, plazas, courtyards, and entrance and exit ways based on Policy I-44.

  8. Benefits Team (Extension 72010) Martha Arrieta, Director Elaine Spence, Manager Denise Diaz, Benefits Analyst Maria Hathaway, Benefits Specialist Israel Jarquin, Benefits Coordinator

  9. Reference links Beneficiary Designation: www.mdc.edu/hr/OnlineForms/Benefits/BeneficiaryDesignation_Part-Time.pdf Alternative to Social Security Account: http://www.mdc.edu/hr/OnlineForms/Benefits/ALTSS.pdf Tax Sheltered Annuity: www.mdc.edu/hr/Benefits/TSA/TSAPartTimeMemo.pdf My Health Care Access: http://www.mdc.edu/hr/Benefits/CareAccess/default.asp

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