Benefits Overview For The Office of Faculty Development

1. Benefits Overview For The Office of Faculty Development

2. JHU Benefits • 403(b) Retirement Plan • Tuition Remission • Tuition Grant (dependent college benefit) • Wellness Programs/Discounts • Travel Accident/ Identity Theft Insurance • Adoption Assistance • Retiree Medical w/ subsidy for eligible retirees • FASAP • Work, Life & Engagement Programs • Library • Johns Hopkins Credit Union Membership • Cooley and O’Connor Rec Centers 3 Medical plans 2 Prescription plans 3 Dental plans Vision plan Short-term Disability Long-term Disability Term Life Insurance Dependent Life Insurance Accidental Death/Dismemberment Flexible Spending Accounts Legal Plan Critical Illness Accident Insurance Auto and Homeowner’s Insurance

3. Eligible Dependents • Spouse • Same-Sex Domestic Partner * • Opposite-Sex Domestic Partner* effective 1/1/2015 • Dependent children • Covered through the end of the calendar year in which they turn 26 • Birth children • Adopted children • Child for whom you have legal custody or guardianship • *taxable benefit

4. Online Reporting Now Online Life Events Life and Personal Accident beneficiary changes Retirement contribution changes Investment allocation changes View your JHU retirement balance

5. Benefits Website Access benefits and retirement elections at the myChoices tab circled in red.

6. Enrollment Links Benefits and Retirement enrollment and management links are marked below. Click here to enroll in benefits as a new hire and to report life events Click here to enroll in the 403b, make changes and manage your accounts

7. Medical Plans • EHP Classic • Use in-network or out-of-network providers • CareFirst BCBS • Use in-network or out-of-network providers • international participating providers • Express Scripts Pharmacy included with both • Both plans offer broad networks and cover international medical costs per our plan guidelines • Kaiser Permanente HMO with Pharmacy • Maryland network ONLY • Use PCP and referral providers only

8. Retirement Plan

9. 403(b) Retirement Plan Tenure track and Core faculty 6% / 12% JHU contribution* Non-Tenure track faculty 4% / 8% JHU contribution* Sibson Consulting found median institution contribution to be 9%, close to three times greater compared to corporate contributions to 401(k) plans. JHU - All contributions are 100% vested immediately 29% of peer institutions have required vesting periods Investment Providers appointments available all year on campus! *JHU contributions based on annual base salary

10. Retirement Plan Comparison

11. Long-term 403(b) Potential at JHU EMPLOYER Retirement Plan Contributions with 5 Peer Institutions Based on $200K salary year, 30 years participation, 7% annual return

12. Tuition Benefits

13. Tuition Remission • $5,250 per calendar, 50% available for dependents • Covers part-time credit/non-credit courses at JHU only • Does not have to be job related • 120 days service for eligibility • Benefit extended to eligible retirees • Required Continuing Education Courses Outside of JHU • Full-time faculty and staff receive 100% remission via a funding transfer to their department for successfully completed and approved outside courses, conferences and seminars. • Courses must be required for the employee to maintain a job-required professional certificate or license regulated by the State Licensing Board to be eligible.

14. Tuition Grant • Eligible for ANY accredited, degree-granting institution. • Covers full-time, undergraduate studies • Covers up to 50% of each dependent child's full-time, undergraduate tuition and eligible fees* • Maximum payment is up to one-half of JHU's freshman undergrad tuition. $50,420 for 2016-2017 academic year • Payment limited to four years full-time, undergraduate study per dependent child • Eligible to end of year in which dependent turns 23 • If both parents are eligible employees you can qualify for double benefit

15. Tuition Assistance Comparison

16. SAMPLE -JHU Tuition Grant EMPLOYER Tuition Grant Contributions with 3 Peer Institutions Based on average costs* for 4 , AND no % or monetary increases for 4 yrs

17. Retiree Benefits

18. Retiree Benefits • JHU Offerings: • Comprehensive retiree medical with pharmacy and dental • EHP Classic + Express Scripts Pharmacy coverage • CareFirst BCBS + Express Scripts Pharmacy coverage • BCBS PPO Dental • CIGNA PPO Dental • United Concordia DHMO Dental • Tuition Remission for Retiree and Dependents $5250 annually • Tuition Grant for Dependent Children • Term Life insurance conversion • Personal Accident insurance conversion • The percentage of institutions offering retiree health dropped from 90% to 74% in past few years.

19. Retiree Benefits • Work, Life and Engagement Retiree Privileges: • Retiree ID card • Discounts • Recreation Centers • Library Privileges • Retiree Advisory Board • Luncheons • Trips and Events • Holiday Reception • Newsletter: PrimeTime News • Flu Shots coordinated by Occupational Health

20. Other Benefits

21. Voluntary Benefits

22. Flexible Spending Accounts Health Care Flexible Spending Account: $2,550 Dependent Care: $5,000 family limit For a list of eligible expenses, visit www.wageworks.com Up to $500 of unused contributions in your Health Care FSA can apply to the next calendar year and does NOT count towards the current year annual maximum FSAs require annual enrollment

23. JHU Benefits Service Center Phone 410-516-2000 Mon-Fri 8:30 am to 5:00pm Email benefits@jhu.edu Mon-Fri 8:30 am to 5:00pm FAX 443-997-5820 Webwww.benefits.jhu.edu Address JHU Benefits1101 E 33rd Street, Suite D200 Baltimore, MD 21218