File: GCBD - Professional Staff Fringe Benefits

NOTE: While Colorado school districts are not required by law to adopt a policy on this subject, some content in this sample reflects legal requirements school districts must follow. This sample contains the content/language that CASB believes best meets the intent of the law. However, the district should consult with its own legal counsel to determine appropriate language that meets local circumstances and needs.

Benefits in addition to basic salary are recognized by the Board as an integral part of the total compensation plan for staff members. The benefits extended to the professional staff shall be designed to promote their present and future economic security and provide incentive for professional development that will be of benefit to the district.

In accordance with applicable federal law, full-time licensed employees are eligible for the district's health insurance plan. These employees also may participate in the district's tax-sheltered annuity program and are also covered by the district's group life insurance and long-term disability insurance plans.

School district employees shall participate in the Public Employees' Retirement Association in which both the employee and the school district make monthly contributions.

Workers' Compensation

All district employees are covered under the Workers' Compensation Insurance Plan and shall be entitled to all the prescribed benefits.

(Adoption date)

LEGAL REFS.: P.L. 111-148 (Patient Protection and Affordable Care Act)

C.R.S. 8-40-101 et seq. through 8-47-101 et seq. (Workers' Compensation Act of Colorado)

C.R.S. 22-32-110 (1)(j) (board power to procure group life, health or accident insurance)

C.R.S. 24-51-101 et seq. (Public Employees' Retirement Association)

CROSS REF.: GBGD, Workers' Compensation

NOTE: The calculation used in determining the appropriate contribution rate is very important. PERA will assist districts in determining the formula with regard to the PERA 401(k) plan, but if other tax sheltered plans are used by employees, the district should obtain competent tax advice to ensure that employees do not over-invest.

[Revised March 2015]