Morton College provides the following benefits to its full-time employees. Current employees can access detailed benefit information on the Morton College Intranet.
Medical
Medical Insurance is administered by BlueCross BlueShield of Illinois. Choose employee only or family HMO or PPO plans.
Prescription Drugs
A prescription drug service is available to participant medical insurance employees. Prescription drug mail-order service is also available for for acute and long-term needs.
Dental
A dental HMO provides coverage to full-time employees. Dependent insurance and an out-of-network option is also available.
Vision
Vision insurance is provided by Vision Service Plan (VSP).
Long Term Care
Long term care insurance for many full-time employees is provided by UNUM Life Insurance Company of America.
Life Insurance
Life insurance for full-time employees is provided at no cost. Employees may purchase additional coverage for themselves and their dependents. The cost of this coverage is based on the age of the insured and the amount of insurance desired. The college's life insurance program is administered by Raliance Standard.
Retirement
All employees are required to enroll in State Universities Retirement System of Illinois (SURS), a state retirement system in which all Illinois public colleges and universities participate. Retirement, disability, and death and survivor benefits are provided by SURS. Employee contributions to SURS are tax deferred. Federal income tax is paid when the participant begins to receive a benefit from SURS.
Disability
Disability insurance is an optional benefit available to full-time employees through a program offered by Reliance Standard Disability. It is designed to supplement disability benefits provided by SURS.
Credit Union
Great Lakes Credit Union membership is available to employees and their spouses. Some of the available financial services include saving programs, automobile loans, certificates of deposit, and home mortgages.
403(b) and 457(b)
Section 403(b) Programs are offered by the companies listed below. A Section 457(b) plan option is also offered through TIAA/CREF.
Morton College does not endorse any of these companies or the products they sell. Further, it does not assume responsibility for any financial loss employees may suffer as a result of participating in a 403(b) program.