Insurance
Health
A choice of three health insurance plans through Aetna Health Plans.
Health Plan Price Transparency
Dental
A plan through Delta Dental.
Vision
Voluntary vision insurance through VSP that covers annual exams, lenses and a discount on frames for you and your family.
Short-Term Disability
Coverage for a disability for three months (not a job-related accident)l.
Long-Term Disability
Coverage for a disability that extends past three months after a 90-day waiting period.
Workers Compensation
Coverage for a job-related accident.
Life
1 x your annual salary to a maximum of $50,000.
Flexible Benefits
A flexible benefits program (cafeteria plan) for health care and dependent care expenses. The plan operates on a calendar year (January to December). Pre-tax contributions can be made in line with IRS guidelines.
Retirement
Defined Contribution Plan
After one year as a full-time employee, you may join Riverdale’s Defined Contribution Plan with Teachers Insurance Annuity Association (TIAA). Riverdale contributes an amount equal to seven percent (7%) of your annual salary to a retirement account. Faculty and staff with more than 20 years of school experience receive 10 percent. The waiting period is waived for those with previous school experience.
Supplemental Retirement Account
You may deposit pre-tax dollars via payroll deduction in your TIAA retirement. account. (Subject to FICA.)
Additional
Benefits
Tuition Reimbursement
Employees who seek additional/advanced degrees will be reimbursed up to $2,000 per fiscal year.
Professional Development
Funds are available to faculty for study and attendance at professional meetings. Additional funds are available for special projects.
Commuter Benefits
Pre-tax contributions can be made for eligible transit or parking expenses that fall within IRS guidelines.
Sabbatical
Full-time members of the teaching faculty are eligible for a sabbatical after 10 consecutive years of service. Generally, 10 to 12 faculty members are on sabbatical in a given year.
On-Site Daycare
Full-time childcare is available to the children of employees, age three months to three years. Space availability and tuition information are available upon request.
Stipends
Stipends ranging from about $2,000 to $10,000 per year are offered to faculty and staff members. Approximately 70% of employees receive stipends.