Summary of Benefits for Employees

A comprehensive and competitive employee benefits program is provided to all employees.

Health Insurance

The College provides employee health insurance through The Sage Colleges Health Insurance Plan. This plan is an alternative funded insurance plan with a third party administrator, Capital District Physicians’ Health Plan.

Eligibility: *Full Time Employment Status. Coverage effective: 1st of month if date of hire falls on first day of month; otherwise, 1st of month following date of hire. Employee contributions to the health plan are based on salary level and type of coverage utilized.  Deductions are taken on a pre-tax basis.

Dental Insurance

A voluntary dental plan is available through Guardian. Three plan options are available.

Eligibility: Full Time Employment Status. Coverage effective: 1st of month if date of hire falls on first day of month; otherwise, 1st of month following date of hire.

Medical & Dependent Care Tax Savings Program (Flexible Spending Account)

This savings program is available for employees with planned needs. Employees may establish a flexible spending account of pre-tax dollars annually to cover planned medical and dependent care expenses. Enrollment is conducted annually in accordance with IRS regulations.

Eligibility: Full-Time Employment Status

Group Term Life Insurance

The College provides, at no cost to the employee, life insurance benefit at 2 times an employee’s salary up to $300,000. Accidental Death and Dismemberment is included in this protection plan.

Eligibility: Full-Time Employment Status; First day of work

Long Term Disability (LTD)

The College provides this income protection plan for an employee unable to perform their job after 180 days. The protection provides a disabled employee with 60% of the after tax salary and will pay retirement plan premiums. The College provides this benefit at no cost to full-time employees.

Eligibility: Full time employment status; First day of work

Travel Accident Insurance

The College provides this protection for all employees who may be injured in the course of travel while performing their job. Coverage includes a dismemberment and death benefit.

Eligibility: All employees receive this benefit at no cost; First day of work.

Retirement Plan (Defined Contribution Plan)

A comprehensive retirement plan (403b) through Teachers Insurance and Annuity Association/College Retirement Equities Fund (TIAA/CREF) is available to employees after one year of employment and working at least 1,000 hours per year. New employees with existing TIAA/CREF contracts or other eligible plans may be eligible to enroll immediately; please contact Human Resources for more information.

Joining the plan, a participant agrees to contribute 5% from base pay, before taxes OR contribute 2.5% from base pay, before taxes. Enrollment is required for participation and is not automatic.

Supplement Retirement Annuity (Tax-Deferred Annuity Plan)

This plan is immediately available to employees working at least 1,000 hours. A loan provision is available in this plan. The amount an employee can contribute is based upon annual earnings and will be calculated by our Provider, TIAA-CREF, annually in accordance with IRS regulations. Enrollment is required for participation and is not automatic.

Tuition Assistance

Full-Time Employees*: (effective 1/1/2013) Maximum of 6 credits or two classes per semester including summer sessions through the Sage College of Albany or the Sage Graduate Schools.

Eligibility: For employee hired on or after 9/1/2012, must be on active payroll for 6 months, and remain on the payroll for six months after degree is received.

Spouse or Qualifying Domestic Partner: (effective 1/1/2013) Maximum of 6 credits or two classes per semester including summer sessions through the Sage College of Albany or the Sage Graduate Schools.

Eligibility: Employee hired on or after 9/1/2012, must be on active payroll for 12 months, and remain on the payroll for six months after spouse or qualifying domestic partner has received degree.

Children: Full, undergraduate tuition waiver within The Sage Colleges

Eligibility: Employee hired after 9/1/2012, must be on active payroll for 12 months, and remain on the payroll for six months after a dependent has received a degree.

For regular Part-Time Employees who work a minimum of 20 hours per week: Effective 1/1/2013, employees, spouse or qualifying domestic partner may take a maximum of 3 credits or one class per semester including summer sessions through the Sage College of Albany or the Sage Graduate Schools.

Eligibility requirements, same as stated above for full-time employees.

Tuition Exchange: Please Note that Tuition Exchange is a scholarship program based on import and export balance in participation and is not a guaranteed benefit. Sage participates in two national tuition exchanges, the Tuition Exchange and CIC Tuition Exchange. Both are non-profit organizations that offer full or partial scholarship to eligible children of employees. Applications are available from the Office of Student Financial Services. Acceptance into these aid programs is dependent on the host institution’s selection criteria and availability of exchange placements.

Employee Assistance Program

The Sage Employee Assistance Program (EAP) is designed to provide confidential, professional counseling for problems that may adversely affect an employee’s work or personal life. Services are an employer paid benefit, available to all employees and their immediate family members.

Additional Benefits, Voluntary Benefits and Discounts (Described in Employee Handbook)

  • Vacation
  • Sick Time
  • Personal Time
  • Direct Deposit
  • Employee Meal Plan
  • RPI Credit Union
  • Employee Wellness Program
  • CDTA Employees Ride Free Program
  • First Reliance Permanent Life Insurance
  • Guardian Vision Plan
  • Transamerica Products including Cancer Care, Supplemental Short-term Disability, Accident Indemnity
    Corporate Discounts for Sage employees at DiNapoli Opticians, Ear Q Family Hearing Plan, Verizon,
  • YMCA

*Full-Time Employment Status: an employee who regularly works 30 hours or more per week