Benefits Changes
part-time to full-time
The following outlines the effect on benefits when an employee changes from a part-time to a full-time benefits-eligible position.
Medical and Dental Insurance
No change.
Retiree Medical Benefit
By current policy, a retiree must have 15 years of continuous full-time service
after age 47 (i.e., retirement at age 62 or older) in order to be entitled to
post-retirement medical coverage.
Retirement Plan
No change (same contribution percentage, but based on higher salary).
Basic Life Insurance (non-contributory)
Coverage amount increases due to higher salary.
Supplemental Life Insurance (contributory)
No change.
Flexible Spending Accounts
No change.
Group Automobile and Homeowner's Insurance (METPAY)
No change.
Vacation
Vacation time accrues at the same rate, but the accumulation should be converted
from hours to days (e.g., if a part-time employee has 60 vacation hours accrued
and moves to a 35 hours/week position, he/she will have 8.57 full vacation days
at 7 hours/day.)
Personal Days
No change. Two personal days per year available to non-exempt (weekly) employees.
Sick Leave
A part-time employee who moves to a full-time non-exempt (weekly) position should
convert his/her sick leave accrual from hours to days (e.g., a person with 96
hours of accrued sick time, who moves to a 35 hours/week position, would have
13.71 full sick days at 7 hours/day.)
A part-time employee who moves to a full-time exempt (monthly) position does not need to convert his/her accruals because full-time employees on the monthly payroll are covered by the University's salary continuation policy, for both short-term and long-term illnesses, up to a maximum of six consecutive months.
Tuition Remission
The Employee Benefit, which is pro-rated for part-time employees, changes to
1"00%" for both undergraduate and graduate courses. Full-time employees are also
entitled to a Spouse Benefit ("50%"for the first five years and 1"00%" after five
consecutive years of full-time service) and a Child Benefit (1"00%" after five
years) for undergraduate courses only. Refer to the on-line "Employee Handbook"
for additional policy information.
Long-Term Disability Insurance
Employees are enrolled in the Disability Plan on the first of the month following
one year of eligible full-time employment.
Short-Term Disability Payments
This provision applies to non-exempt (weekly) employees who have completed one
year of full-time, benefits-eligible service.
Financial Planning Subsidy
Employees, age forty and over, with at least one year of full-time service at
Boston College are eligible to participate in this program.
Employee Death Benefit
Applies to full-time employees.