Benefits & Continued Learning
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.
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 Insurance 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.
The Regental system incorporates various performance tools to facilitate personal and professional development.