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Our success is largely dependent upon our employees abilities and
potential. This is why the Regents system strives to work
with the State of South Dakota to provide competitive health and
wellness benefits as well as leave benefits. In addition to
health and wellness benefits, the Regental system provides additional
supplemental benefits to afford our employees opportunities outside
of the state benefit package. However, the benefit package
is only one building block of our success ladder. The Regental
system strongly supports an environment for continued learning and
personal growth. It is this reason that the Regents have created
system policies and practices that support development.
Health
and Wellness
The
State of South Dakota sponsors the major health and wellness programs
for the Regental system. A summary of the programs can be
located at the following web site: State
of South Dakota. Applicants and employees can find a wealth
of information regarding: Health
Plans, Prescription
Drug Plan, Hospital
Indemnity Plan, Major
Injury Protection, Dental
Care, Vision
Care, Life
and AD&D Insurance, Short-term
Disability, Medical
Expense Accounts, Dependent
Care Spending Account, Contribution
Rates, and Workers
Compensation.
State
Leave and Longevity Benefits
The State of South Dakota manages all of the State
Holidays, State
Accrual of Leave, and State
Longevity benefits for the Regental system.
Retirement
and Investment Benefits
The
State of South Dakota sponsors the 401(a)
Defined Contribution Plan, the 457 Supplemental Retirement Plan,
and the 401(a) Special Pay Plan.
The Board of Regents also provided the opportunity for employees
to voluntarily participate in 403(b)
Tax Sheltered Annuity Plans.
Supplement
Benefits
The
Board of Regents provides the following supplemental benefits Aflac
and New York Life as well as in coordination with the state a
Long-term Care Plan/Supplemental Life and a 529
Plan.
Training
and Development Opportunities
Employees
may have the opportunity to participate in either state
sponsored training as well as the opportunity to receive reduced
tuition according to state and BOR policy. To ensure our
commitment to our employees remains strong, the Regental system
provides for educational
Leave and encourages professional
development.
Performance
Feedback
The
Regental system incorporates various performance tools to facilitate
personal and professional development.
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