The University will consent to make payroll deduction for a tax deferred annuity subject to the following conditions:
U.S. Savings Bonds
The University will make payroll deduction for any permanent employee working at least 20 hours per week who wishes to purchase a U.S. Savings Bond. The employee should make such arrangements with the Human Resources Department.
N.C. Dependent Care Assistance Plan
North Carolina Dependent Care Assistance Plan is commonly referred to as DCAP and offers a tax-free method to reduce your eligible dependent care costs. You determine the annual amount you spend on dependent care. Then you decide how much money should be deducted from your paycheck each pay period. This amount is deposited into the account before taxes are calculated. As you pay eligible dependent care expenses, you make tax free withdrawals to reimburse yourself. Your reimbursement requests must be for services that have already been received and for which you have paid. To enroll you must be a participant in one of the retirement plans offered by the State. This program is administered by Fringe Benefits Management Company. Open enrollment is held yearly and that is the only time enrollment can occur except for when a person initially becomes an employee of ECU. Further information may be obtained by contacting the Benefits Section in Human Resources and by calling Fringe Benefits Management Company directly.
Free Tuition Privileges
The State of North Carolina offers a tuition waiver program (G.S. 116-143 & Administrative Memorandum #92) for the educational assistance of its employees and the employees of the sister institutions of higher learning within the U.N.C. System. This program encourages faculty and staff to utilize the academic resources of the university system for self-development.
Any permanent SPA or EPA employee working three-quarter time or more is eligible for this waiver. This includes military personnel assigned to ROTC programs while under orders as a permanent duty station. Employees in temporary or probationary status are not eligible for this program. Employees seeking enrollment must be academically eligible for the course. Tuition waivers will only be granted on space availability in the course.
An eligible employee, within the sixteen university campus system, is allowed to take one credit-bearing course, without cost of tuition or fees, during the Fall and Spring semesters. This program is not offered during summer sessions. The employee is responsible for any additional cost incurred for additional classes. Lectures and labs are considered two distinct courses unless the lecture and lab cannot be taken separate and apart.
Courses taken under a faculty/staff tuition waiver must be scheduled on the employee's own time. For SPA employees, courses may be taken during lunch period, defined to be one hour between the hours of 11:00 AM and 2:00 PM. If a course is taken during regular business/working hours, employees will be required to use annual leave or may adjust their work schedule and in both cases with the prior written approval of their Department Head and the Division Vice Chancellor. Any exceptions to this policy must be approved, in writing, by the Chancellor.
An employee must first obtain a Faculty/Staff Tuition Waiver Form (P-50A) from the Department of Human Resources or the divisional Vice Chancellor's Office. The form must be completed which includes identifying the course(s) by title and course number. SPA employees must complete the section of the form concerning work and class schedules. Once completed, this form must be reviewed and signed by the Department Head and Division Vice Chancellor. The completed and signed form must be delivered to the University Cashier's Office (105 Spilman) on or before the published "last day to register" for processing and recording. No waivers will be considered after this date.