Flexible Spending Accounts (FSAs) allow you to pay for certain out-of-pocket health care and dependent daycare expenses with pre-tax dollars. Your contributions are subtracted from your paycheck before federal, state, and FICA taxes are calculated on your pay, so you save monthly on taxes.
Contributions for FSAs do not reduce your pay for purposes of determining your life insurance, long-term disability or retirement benefits provided by the University.
There are two types of FSAs. You may participate in either or both:
Health Care FSA - covers health care expenses for you and your eligible dependents
Dependent Care FSA - covers eligible dependent daycare expenses so you can work or attend school full-time.
If any of the above holidays fall on a Saturday, it will be celebrated on the Friday before.
If any of the above holidays fall on a Sunday, it will be celebrated on the Monday after.
In the event that Christmas Eve Day and Christmas Day should fall on a Friday and Saturday (hence, New Year's Eve Day and New Year's Day would also fall on a Friday and Saturday), the Thursday before will be designated as a holiday.
In the event that Christmas Eve Day and Christmas Day should fall on a Sunday and Monday (hence, New Year's Eve Day and New Year's Day would also fall on a Sunday and Monday) the Tuesday after will be designated as a holiday.
SVSU participates in the Exercise is Medicine on Campus (EIMC) a nonprofit initiative launched by the American College of Sports and Medicine and the American Medical Association, and recently endorsed by the Surgeon General. We recognize that exercise and physical activity are important to health and treatment of diseases and we encourage our campus to establish lifelong exercise and physical activity habits that can significantly improve quality of life.
Our Health U Wellness Program is dedicated to helping make positive and lasting changes in healthy living. We do so by offering rewards for individual exercise minutes as well as participation in programs and workshops focused on our three primary components of a healthy living: education, prevention, and exercise.
Saginaw Valley State University's Healthy U program is recognized as a Gold Level Recipient of the American Heath Association's Fit-Friendly Worksites Recognition Program.
The All-University Awards Banquet is a tradition held each April for employees. Awards are given to celebrate years of service, outstanding achievement in teaching, mentoring, community involvement, and employee performance.
SVSU recognizes that everyone experiences some personal problems at various times in life. These personal issues may make it tough for you to focus on work and may leave you with little energy to handle other aspects of your life. Unresolved problems can interfere with relationships with others, job performance and personal happiness. This is where our LifeWorks Employee Assistance Program can help; giving you the confidential, qualified assistance you need during challenging times.
LifeWorks Employee Assistance Program offers you:
Phone and online access to experienced professional consultants - real people you can talk with when you need and answer to a question.
Face-to-face sessions with consultants on specific issues.
An award-winning web site with online articles, workshops, doctors, and much more.
Free booklets, audio recordings, and other materials to help you get the answers you need in the format you want.
Referrals to resources, services, and support in your community.
Regular full-time employees and regular part-time employees scheduled to work twenty (20) hours or more a week and retirees are eligible for the same Tuition Waiver benefits. As a qualified employee you are eligible to receive 75% of your tuition waived. In addition, your spouse or domestic partner and dependents may receive a 50% tuition waiver. The University does not have a limit on the amount of credits required in order to receive Tuition Waiver benefits.
Saginaw Valley State University offers a faculty and staff personal computer purchase program which assists eligible employees in purchasing computer systems for personal use and ownership. The program covers a basic computer systems (e.g., computer CPU, monitor, printer, keyboard, scanner and applicable software). The program includes vendor educational discounts and University-assisted financing.
The Cardinal Athletic Club is a vital segment of the SVSU community. Memberships support the athletic department in providing scholarship aid and operational funding to more than 400 SVSU student-athletes participating in 16 varsity sports. Each donation assists us in our mission of building champions in the classroom, in competition, and in life. Membership support comes with a variety of associated benefits, such as reserved seating at football games, game-day hospitality, reserved parking and club merchandise.
The Michigan Education Savings Program is newly developed and allows employees to save money for educational expenses. Account earning will grow on both a federal and state tax-deferred basis until the beneficiary is ready to go to college. The funds may be used at almost any eligible institution in the nation.