SECTION CONTENTS
14.01 Group Insurance
14.02 Unemployment Insurance
14.03 Workers' Compensation
14.04 Tuition Waivers
14.05 Retirement Systems
14.05.01 Montana Teachers' Retirement System (TRS)
14.05.02 University System Optional Requirement Program (TIAA-CREF)
14.01 GROUP INSURANCE
Employer contributions for eligible employees of the Montana University System group insurance plan shall be equivalent to the amount provided by state statutes for the years of this agreement.
14.02 UNEMPLOYMENT INSURANCE
The Employer agrees that all employees covered under this agreement shall be covered by unemployment insurance as provided by Sections 39-51-101, et seq., MCA.
14.03 WORKERS' COMPENSATION
All faculty will be entitled to worker's compensation benefits as outlined in the MUS Worker's Compensation program.
14.04 TUITION WAIVERS
Employee and dependent tuition waivers will be administered in accordance with Board of Regents policies as provided in the policies as of November 15, 2010.
14.05 RETIREMENT SYSTEMS
Both parties will work towards equal contributions to the two retirement systems.
14.05.01 MONTANA TEACHERS' RETIREMENT SYSTEM (TRS)
Faculty who participate in the teachers' retirement system are subject to retirement provisions as outlined in Section 19-4-101, et seq., MCA.
14.05.02 UNIVERSITY SYSTEM OPTIONAL REQUIREMENT PROGRAM (TIAA-CREF)
Faculty who participate in the University System Optional Retirement Program (TIAA-CREF) are subject to the retirement provisions appropriate to their individual contracts and elected options. Authority for participation in the Optional Retirement Program is found in, Title 19, sec. 21, MCA.
