Benefits

Washington and Lee offers an extensive range of health care and life insurance benefits, retirement options, educational assistance programs, and other programs and services to our staff and faculty. Because we want to attract and retain the highest quality staff, we are committed to providing a competitive benefit package.

Enrollment in some benefit plans is not automatic. Although Human Resources makes an effort to notify or remind an employee when they become eligible to enroll in a particular benefit plan, it is the employee's responsibility to enroll in a timely manner. Please consult with Human Resources should any questions arise concerning eligibility for or status in a plan.

Although it is the intent of the University to continue the benefit plans described in this section, the University reserves the right to modify, amend, or terminate any benefit plan, with or without notice. The summaries included on these pages describe only the major features of the plans. In the event of any inconsistency between these summaries and the legal plan documents, the legal plan documents (located in Human Resources) will govern.

About Our Benefits Program

Washington and Lee is committed to providing its employees with a highly competitive benefits package that enhances the well being of its employees and is consistent with the strategic objectives of the University. This benefits its rich tradition as a top-quality institution of higher education, and is important in order to attract and retain high-quality faculty and staff.

Benefits Philosophy Benefits Committee Plan Document & SPD for Employee Health and Welfare Plan Section 125 Plan and SMM 2024-25 Benefits Guidebook Domestic Partner Benefits COBRA Rights HIPAA: Privacy Practices
Health, Dental, and Voluntary Vision Benefits

The University offers eligible employees and their families enrollment in health insurance through Aetna. Employees can choose between two plans. Both plans include in-network and out-of-network benefits as well as coverage for prescription drugs. Eligible employees have a choice of two dental plans, core or buy-up, and may select either an Individual membership, a membership for the employee and one legal dependent, or a family membership. Employees may choose to enroll themselves and eligible dependents in a Voluntary Vision insurance benefit.

Health Benefits Dental Benefits Voluntary Vision Flexible Spending Accounts Health Advocate Employee Assistance Program
Disability Benefits

Benefit-eligible employees will be covered by the University's group Long-Term Disability (LTD) plan after one-year of employment and the LTD annuity contribution after two years of employment. The one-year waiting period can be waived for employees who had group coverage for the 12 consecutive months prior to employment. (Employees should let HR know upon employment if this is the case). The University pays the entire premium for this benefit.

Retirement Savings Plan

Social Security benefits are not substantial enough to be an individual's sole or primary source of retirement income; therefore, the University strongly encourages its employees to participate in the Washington and Lee University Defined Contribution Retirement Plan. The University offers retirement savings plans through TIAA and Fidelity.

TIAA Fidelity