Human Resources

Benefits

Bank Street College provides a comprehensive benefits package that enables eligible employees to create a program suited to their own needs and for those in their family.

Depending on eligibility, the College offers healthcare coverage, dental coverage, flexible spending accounts, pre-tax transit and parking expenses, retirement benefits, tuition programs, Bank Street school discounts, an Employee Assistance Program (EAP), AFLAC, Municipal Credit Union, and more. Please contact the Human Resources Office for more information.

  • Insurance

    Staff appointed on a minimum load of 2.5 days per week (50%) or greater shall be eligible for health and dental insurance. The effective date for newly eligible employees is the first of the month following employment.

    HIP Health Benefit Summary

    Oxford EPO Benefit Summary

    Oxford POS Benefit Summary

    United Health Care Vision Benefit Summary

    Long Term Disability Insurance

    Long-Term Disability Insurance is provided for eligible staff members on appointment of 50 percent or more at the College’s expense. All eligible staff members are covered after six months of service. Long-Term Disability Insurance provides a monthly income benefit, commencing after six consecutive months of total disability, of 60 percent of covered monthly salary up to $12,000 maximum.

  • Education

    All benefit-eligible staff members who are at 50 percent workload or greater are eligible to enroll in two (2) free courses in the Graduate School or Continuing Professional Studies. The two courses shall not exceed twelve (12) credits per academic year. You are allowed to bank one course, which must be used in the next immediate academic year. Additionally you are eligible to receive discounts to the Family Center and School for Children. Please note that tax rules regarding taxable benefits may apply.

  • Time Off

    Bank Street College of Education employees time off depends on length and classification of employment.

    Time off may include:

    • Regular vacation
    • Paid holidays
    • Personal days
    • Sick/family leave
    • Child care–related leaves
    • Short-term paid leave of absence
    • Unpaid leaves of absence
  • Employee Assistance Program

    The Employee Assistance Program (EAP) is a confidential counseling and referral service available for free to all employees and their household members.

    From support for personal problems, to free legal assistance, to help finding a pet sitter, the EAP assists employees with issues small and large. Counselors are available 24 hours a day, seven days a week.

  • Retirement

    For new employees, participation in the retirement plan for benefit eligible employees on appointment of 50 percent or more is mandatory after one year of service. The College contributes 6.25 percent of the staff member’s regular monthly salary to the plan and the staff member must contribute 5 percent of their monthly salary.

    New employees who have TIAA plan from a prior employer can participate in the mandatory plan from first month of employment.

    Staff may elect to voluntarily contribute to Bank Street College’s Supplemental Retirement Annuity. You may begin to contribute to this tax-deferred plan before the one-year waiting period.