Faculty Benefits Summary
The purpose of this web page is to provide a summary of your benefits and certain essential policy information. For questions regarding these benefits, policies, or any other related information, please consult Human Resources or view the Faculty Handbook.
Paid Time Off
Cameron offers an extremely generous leave policy, which is outlined below.
- Sick Leave: Employees accrue 12 hours of sick leave per month, up to a maximum accrual of 1,440 hours (180 days).
- Family Sick: A total of 72 hours per fiscal year of your earned sick leave may be used for the care of an immediate family member each year.
Holidays
The following paid holidays are normally observed by Cameron University: New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas Day. The University President may designate additional workdays as a holiday.
For a list of our current fiscal year Holiday Schedule, please reach out to the Human Resources Department.
Health Insurance
CU provides employer-paid group health insurance coverage to employees. Dental, vision, and dependent health coverage are also available to employees on a pre-tax basis through convenient payroll deductions.
Life Insurance
Benefit eligible employees are provided employer-paid life insurance through American Fidelity in the amount of two times their annual salary. Benefit eligible employees receive $18,000 in life insurance through the Teachers’ Retirement System of Oklahoma (TRS) if they are active members.
Long-Term Disability Insurance
Benefit eligible employees are provided employer-paid long-term disability insurance through American Fidelity. Long-term disability benefits are paid on 60 percent of an eligible employee’s covered salary (up to $72,000), after a disability period of six months.
Retirement
Cameron pays 100% of its benefits eligible faculty members contributions in the Teachers' Retirement System of Oklahoma (TRS). Cameron's monthly contribution equals seven percent of your gross salary plus your Cameron-paid fringe benefits. CU is one of the only higher education institutions in Oklahoma that pays 100% of its benefit's eligible faculty members contributions, and the money in your account is yours to keep. Benefits eligible faculty members are eligible for membership on their first day of work.
Voluntary Salary Reduction Plan
Cameron provides a 403(b) plan that enables all employees to defer a portion of their current income. The advantage of Cameron's voluntary salary reduction 403(b) is that your taxable income is reduced by the amount you contribute into the plan. Employees can contribute into a consolidated four tier investment lineup. Cameron has contracted Fidelity Investments as the master administrator and record-keeper of this lineup. For more information and restrictions please visit the Benefits channel in your Aggie Access Employee tab or contact Human Resources.
Section 125 Flexible Benefit Plan
Employees have the option of obtaining additional insurance plans through Cameron's Section 125 cafeteria plan with American Fidelity. The following coverages are available through pre-tax and post-tax payroll deductions: short-term disability, cancer policies, accident coverage, additional life and dependent life insurance, and medical and dependent care flex plans.
Tuition Waiver
An Employee Academic Tuition Waiver, of up to 18 credit hours per academic year, is available on the date of hire to employees who receive Cameron benefits and work on a full-time or part-time basis beginning with the first full semester after the employee's date of hire. Eligible participants include the employee, the employee's spouse and/or dependent child(ren) (native, adoptive, stepchild, or a child for whom the employee has legal guardianship). Such children must not have attained the age of 24 years at the start of the academic term in which the tuition waiver is applied.
Training and Development
An investment in our employees' learning environment is important to the organization's success. With that in mind, Cameron provides a variety of both online and in-person training throughout the year. This training includes both mandatory compliance training depending upon your position and optional career development courses in a variety of topics. Any training and development opportunities will be announced via email from the Human Resources Office.
