Charter School Benefits
Charter School employees are contract employees whose terms and conditions of employment are governed by their individual contracts. Most full time employees (including teachers) are offered the following benefits.
Charter School paid employee coverage for all full time employees. Optional HMO or PPO plans available. Dependents can be added at group rates. Premium deductions are taken pre-tax.
Basic Life Insurance
Charter School paid. Benefit is equal to twice annual base pay. Double benefit for accidental death.
Optional Vision Insurance
Employee paid insurance available at group rates, family plans available to employees. Premium deductions are taken pre-tax.
Optional Dental Insurance
Employee paid insurance available at group rates, family plans available to employees.
Premium deductions are taken pre-tax.
Employees may purchase various types of supplemental insurance (life, AFLAC) at group rates through payroll deduction.
Retirement Plan (FRS)
Two plans available for members: Pension Plan (defined benefit) or the Investment Plan (defined contribution.) Charter School makes all contributions to the plan that you chose. Regular class: current eligibility to retire after 6 years of service and age 62 or 30 years of service regardless of age, whichever comes first.
Long Term Disability
Charter School paid long term disability insurance.
Leave Time (Sick, Vacation)
Currently the employee accrues one day for each month worked. Block of hours which incorporate sick and vacation.
Currently the Charter Schools follow the Lee County School District calendar.
Deferred Compensation Programs
Tax-deferred savings plan available for retirement purposes. Employee contributes only.
457 – pre taxed deductions, your earnings accumulate tax-deferred, portable, no penalty for withdrawals.
Payroll Direct Deposit
Available to any banking institution or credit union. Suncoast Federal Schools Credit Union membership available to Charter School employees.
Employee Assistance Program
Charter School paid availability to licensed professional counselors for non work related personal issues with 100% confidentiality.