Retirement Plan

All full-time employees participate in the North Carolina Teacher’s and State Employees’ Retirement System. State retirement is deducted at the rate of six percent; the state contribution varies dependent on market conditions. Contributions are tax sheltered for federal and state income tax purposes. Employees are vested after five years of creditable service. Annual benefit is based on 1.82% of average final compensation times the years of creditable service. The death benefit is equal to the highest 12 months’ salary in previous 24 months but not less than $25,000 or more than $50,000 if the employee dies while in active service after one year of contributing service. For more information, please visit the My N.C. Retirement website.

Health Insurance

All full-time employees are eligible to join the North Carolina State Health Plan which offers two Preferred Provider Organization (PPO) plans. PPO plans offer the freedom of choice among in-network providers, lower out-of-pocket costs and strong emphasis on preventive health. The State Health Plan offers two health plan options: The 80/20 Plan and the 70/30 plan. Both plans are administered by Blue Cross and Blue Shield of North Carolina but benefits are paid by the state. Both plans cover the same medical and pharmacy services. However, the member cost share varies by each plan.

Part-time regular employees are eligible to enroll in health insurance at their cost.

Additional information is also available from the N.C. State Health Plan website or watch their New Employee Benefits Overview video.

Group Insurance

The College maintains group policies for the following types of coverage:

• dental insurance
• vision care
• group term life insurance
• cash value permanent life insurance
• accidental death and dismemberment
• group disability
• cancer insurance
• long-term care insurance
• flexible benefits spending account
• TriCare Supplement (for military retirees only)

Employees may select coverage under any of these plans. All of these plans have been approved by the state of North Carolina for payroll deduction.

State Sponsored 401(k) Program & 457(b) Deferred Compensation Plan

The State of North Carolina sponsors a 401(k) plan which is available to all teachers and state employees who are participating in the Teachers’ and State Employees’ Retirement System. The plan is administered by Prudential. It has the principal characteristic of sheltering current compensation from current income tax while deferring income tax on profits made under the plan until retirement. Please visit website at www.nc401k.prudential.com.

Rowan-Cabarrus employees also have the option of participating in a 457(b) Deferred Compensation Plan through TIAA-CREF. 457(b) plans are non-qualified, tax-deferred compensation plans that enable you to set aside a portion of your salary on a before-tax basis. Contributions are made through payroll reduction, occur on a pre-tax basis and accumulate tax-deferred until withdrawn.

Disability Salary Continuation Plan

All full-time employees are automatically enrolled in the State Disability Salary Continuation Plan at no cost to the employee.

Short-Term Disability

• Eligibility: One year of full-time employment as a participant in the N.C. Retirement System.
• Waiting Period: 60 days
• Benefit: 50% of monthly salary up to a maximum of $3,000 per month, for a period not longer than 365 days.

Long-Term Disability

• Eligibility: Five years of full-time employment as a participant in the NC Retirement system.
• Waiting Period: Must have exhausted short-term disability.
• Benefit: During first 36 months of disability, 65% of salary up to $3,000 per month. After 36 months the benefit is reduced.

Professional Liability Insurance

Professional liability insurance is mandatory for faculty in the Allied Health and Early Childhood Education programs if individuals are involved in clinical experiences.

Annual Leave

Staff employees – Full-time administrative and support staff earn vacation leave at a rate of 10 hours per full month of service. Vacation may be accumulated to 240 hours. Unused vacation in excess of 240 hours will be converted to sick leave at the end of each fiscal year.

Faculty – Full-time faculty follow the approved academic calendar for vacation.

Sick Leave

Sick leave is earned by all full-time employees at a rate of eight hours per month for a total of 96 hours (12 days) per fiscal year. Unused sick leave accumulates indefinitely and is non-transferable to any other type of leave.

Bereavement Leave

A full-time employee may be granted a maximum of three (3) days leave with pay when there is a death in the immediate family. Additional days may be charged to annual leave, sick leave, or leave without pay.

Personal Leave

All full-time employees who have successfully completed at least 180 days are eligible for up to three days of personal leave during each year. Personal leave expires at the end of each fiscal year.

Family & Medical Leave

Employees may request up to 12 weeks of unpaid leave per year under the provisions of the Family and Medical Leave Act (FMLA). Employees are eligible for leave if they have worked for at least 12 months and at least 1,250 hours over the past 12 months.

Legal Duty

Employees who are subpoenaed for jury duty will be granted jury leave and receive regular pay from the College.

Employee Assistance Program (EAP)

Full-time employees and their household members have access to extensive employee-focused services, on topics such as personal and professional development, work-life balance, wellness and counseling, free of charge through its EAP (Employee Assistance Program).

State Employees’ Credit Union

The North Carolina State Employees’ Credit Union is a cooperative savings and loan association providing a resource for savings and for credit. Employees are eligible to join the Credit Union at one of the many locations in our service area, see their website for details, www.ncsecu.org.

Longevity Pay

Full-time employees shall receive longevity pay for aggregate qualifying service.

Years of Aggregate State Service & Longevity Pay Rate

• 10-14: 1.50% of Salary
• 15-19 2.25% of Salary
• 20-24 3.25% of Salary
• 25 or more 4.50% of Salary

Longevity payments are paid during the anniversary month of employment.

Equal Employment Opportunity – Rowan-Cabarrus Community College believes that all employees and applicants for employment be afforded equal opportunities in employment without regard to race, color, sex (including pregnancy, sexual orientation, and gender identity including transgender status), national origin, religion, age (40 or over), genetic information, disability, or retaliation for engaging in an EEO-protected activity.