Employment
Benefits
Paul Public Charter School offers a competitive
employee benefits package. All full time employees and part
time employees who work over 20 hours per week are eligible
for benefits. Following is a summary of our benefit offerings.
Retirement
Paul has a 403(b) retirement plan that is administered by Lincoln
Financial Group. Employees may contribute up to 20% of their
salary into the plan pre-tax. Paul will automatically contribute
3% of the employee's salary into the plan. In addition, Paul
PCS will match dollar for dollar up to 3% of the employee's
contribution. Paul PCS contributions do not vest until the employee's
2 year anniversary date.
All teachers who are former employees of the District
of Columbia Public School System (DCPS) (and also those on leave
of absence from DCPS) are eligible to continue earning years
of service credits while employed at Paul in the DC Teachers
Retirement System. Teachers must contribute 7-8% of their after-tax
salary to participate and Paul PCS will provide a matching contribution
of 7-8%.
Medical Insurance
Paul offers employees the choice between HMO, POS, and PPO plans
with Carefirst Blue Cross Blue Shield. The school contributes
between 70-75% of the full premium cost depending on the type
of plan and whether dependents are being carried. As this is
part of our cafeteria plan, employee contributions are pre-tax.
Employees are covered under the medical plan on their first
day of employment.
Dental Insurance
All full time employees and part time employees working over
30 hours are required to participate in our group dental plan
with Principal Financial Group as it is fully funded by Paul.
The plan pays 100% for preventive care (cleanings) and 60% of
major services (root canal, pullings) after a deductible for
in-network care. Employees may visit a dentist out-of-network
but at a higher cost. Part time employees are required to pay
a pre-rated amount of the premium. If the employee wishes to
add a dependent, then other charges may apply as well. Dental
insurance becomes effective after one month of employment at
Paul.
Life, Short Term and Long Term Disability
Insurance
All full time employees are required to participate in our group
life, short term and long term disability plan with Principal
Financial Group. Paul PCS pays 100% of the premium for full
time staff, and a pro-rated amount for part time staff who work
over 30 hours. Employees are insured with a term life policy
in the amount of $50,000 effective one month after their start
date. Long term and short term disability insurance also become
effective after one month and pays 60% of the employee's salary
should the employee become disabled.
Flexible Spending Account
Flexible spending accounts are available and allow employees
to shelter from taxation a predetermined amount of salary to
be used for medical/dental expenses that cannot be reimbursed
by health insurance and for dependent care expenses.
Supplemental Benefits
Employees are eligible to participate in voluntary benefits
administered by Select Benefits Consulting Group. Offerings
include term life insurance, accident insurance, and cancer
insurance. Premiums average $10-$20 per pay. These benefits
are pre-tax and are portable, meaning they can remain in effect
upon separation from Paul PCS.
Paid Time Off
Teacher's vacations follow the normal academic schedule. In
addition, full-time faculty members are granted 12 days of sick
leave per year.
Full time staff employees receive paid leave for
eleven holidays. Staff members also accrue 15 days of paid time
off during the year to use for unscheduled leave. Leave is accrued
effective the first day of employment.
Other Teacher Incentives
Teachers are entitled to various incentives that are administered
by the Department of Education and HUD such as student loan
deferments and the Teacher's Next Door program. Please visit
http://www.ed.gov/
for student loan deferment information and http://www.hud.gov/for
the Teacher's Next Door program.
