Employee Benefits Program

Geneva offers participation to eligible employees, their family members and dependent(s) as indicated below to the following benefit plans:

• Medical Insurance
• Dental Insurance
• Vision Insurance
• Basic and Voluntary Life Insurance
• Accidental Death and Dismemberment Insurance (AD&D)
• Short-term Disability Insurance (STD)
• Long-term Disability Insurance (LTD)
• Identity Protection Insurance
• Workers’ Compensation Insurance (WC)
• Retirement Savings Program – 401(k)
• Health Savings Account (medical plan specific) (HSA)
• Tuition Discount
• Credit Union Membership
• School Uniform Discount

Employees are eligible for benefits based on the average number of hours worked per week. There is no waiting period for eligibility; however, as per policy requirements, life and health benefits will become effective on the first of the month following 30-days of employment. Employees who are classified as temporary and/or seasonal are ineligible for benefits. 

Employee Benefits

Medical Insurance

Employees who work an average of 30 or more hours per week are eligible to participate in the school’s medical program. The program is a pre-tax plan (Section 125), allowing for the employee’s portion of the health benefit premium to be paid on a pre-tax basis. As financially feasible, the school pays a portion of the medical program premium for eligible employees. The employee is responsible for the remaining amount along with the payment for eligible family members. Benefits are effective on the first of the month following 30-days of eligible employment.

Dental Insurance and Vision Insurance

These programs are available at their own expense, to all employees who work an average of 10 or more hours a week. The employee pays 100 percent (100%) of the premium. Benefits are effective on the first of the month following 30 days of eligible employment.

Basic Life, AD&D and Voluntary Life Insurance

Basic life insurance and AD&D coverage are provided by the school to all employees who work an average of 30 or more hours per week. The life benefit amount is $50,000 for all employees under 65 (life benefits are reduced after 65 years of age). AD&D benefits are dependent upon the type of claim.

Employees can purchase additional life insurance coverage for themselves and purchase life insurance for a spouse or child with the convenience of payroll deduction. Additional coverage above the guaranteed issue amount will require “Evidence of Insurability.” The application for life insurance must be completed within the first 30 days of eligible employment. The policy will then become effective on the first of the month following 30 days of eligible employment.

Short-Term and Long-Term Disability Insurance

The school pays 100 percent (100%) of the premium for short-term and long-term disability insurance for all employees who work 30 or more hours per week. Short-term disability coverage begins on the 15th day of an eligible claim. The maximum duration of short-term claim proceeds is 11 weeks. The long-term disability coverage for eligible claims begins on the 91st day, for a maximum period of two years for those under the age of 65. In both instances, the plan pays 60 percent (60%) of the pre-disability earnings. Benefits are effective on the first of the month following 30 days of eligible employment.

Identity Protection Insurance

The school pays 100 percent (100%) of the premium for employee-only coverage for all employees who work an average of 10 or more hours a week. Eligible employees have the option to purchase family coverage.

Worker's Compensation Insurance

The school pays 100 percent (100%) of the premium for workers' compensation insurance for all School employees. Benefits are effective on the first day of employment. The State of Texas allows employees to opt out of workers’ compensation insurance and retain their common law right to file a lawsuit. Contact Human Resources for more information. See section XI. F. for more information concerning worker’s compensation.

Retirement Savings Program 401(k) – Pre-tax and Roth

Participation in the School's retirement program is available to employees who work 1,000 hours or more for the previous 12 months in compliance with ERISA guidelines.

Eligible employees are automatically enrolled into a pre-tax 401(k) plan invested in the age-appropriate target date fund on the date of hire unless the employee submits a written waiver to the Payroll and Benefits Administrator. Participants may defer up to 100 percent (100%) of total compensation on a pre-tax [traditional 401(k)] or post-tax [Roth 401(k)] basis up to the IRS maximum. The school will match up to two percent (2%) of total compensation for which there is no vesting period. Eligible employees may enroll in the 401(k) plans at any time during their employment. Likewise, changes to the employee contribution or participation in the plans may be made at any time.

See Human Resources/Payroll and Benefits for more details.

Tuition Discount

As indicated below, the tuition discount for employees applies to all children KPrep–12 who attend Geneva depending on position and length of service. For employees working at least 30 hours per week, the tuition discount is a vested benefit starting at 30 percent (30%) in the first year of eligible employment and increasing to 40 percent (40%) in the second year of eligible employment. In years three and beyond of eligible employment, the tuition discount is 50 percent (50%).

Employees who average 20 or more hours a week (but less than 30 hours per week) receive a 25 percent (25%) tuition discount for all children who attend Geneva. Faculty and staff members who qualify for this benefit are immediately vested.

Part-time faculty and staff who qualify for the 25 percent (25%) tuition discount and later begin working an average of 30 hours per week will have their time of service counted toward vesting to the greater benefit.

Employees who work less than 20 hours per week and those who are classified as seasonal and/or temporary do not qualify for a tuition discount.

Employees who are hired during the middle of a school year or who voluntarily or involuntarily separate from employment prior to the end of the school year for which their student is enrolled, will be responsible for the pro-rata share of the full amount of tuition remaining for that school year.

Health Savings Account (HSA)

Those employees who are enrolled in a qualifying School-sponsored high deductible health plan are eligible to establish and contribute to a Health Savings Account (HSA). The HSA is funded solely through tax-deductible employee payroll deductions and the account is owned and managed by the employee.

Eligible employees may enroll in the HSA option at any time during their enrollment in a qualified health plan. Likewise, changes to the employee contribution or participation in the plan may be changed at any time.

Credit Union

All employees who work an average of 10 or more hours a week during the school year are eligible to join a local credit union.

Student Uniforms

All School employees with children enrolled in the school may be eligible to receive a discount from school uniform providers.