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Benefits

Click here to view the 2019 benefits overview presentation, recorded on November 1, 2018.

Click on the header of each section for a detailed description of each benefit. Under each, you will find:

  • A more detailed description of each plan
  • Applicable rates
  • Contact information for each vendor including phone, fax, and website links
  • Forms and brochures

Proof of relationship and eligibility must be provided to include spouse/dependent children under any applicable plans. A civil union partner meeting eligibility criteria may be covered as well.

Health Care Plans »

The university offers an In-Network Only PPO, as well as a High Deductible Health Plan (HDHP) with HSA option, both through Blue Cross Blue Shield of Illinois. There is a limited vision benefit included for no additional premium. For detailed information on each plan including applicable deductibles, copays, coinsurance, and out-of-pocket maximums, please click on the Health Care Plans link above.

Dental Insurance »

A voluntary dental plan with both DHMO and PPO options is available through Delta Dental.

Vision Insurance »

A voluntary vision plan is available through EyeMed.

Life Insurance »

IIT provides at no cost a term life insurance benefit of two times annual salary to a maximum of $500,000 through Dearborn National Insurance Company. At age 65 the coverage level is reduced. An accidental death and dismemberment (AD&D) policy provides additional coverage in the same amount.

Optional Supplemental Life and Supplemental AD&D Insurance »

Supplemental Life and Supplemental AD&D insurance for both employees and family members may be purchased through payroll deduction. Evidence of insurability is required.

Long-Term Disability »

Long-term disability coverage is provided at no cost through Dearborn National. It offers income protection for a non work-related disability lasting more than 180 days. The plan provides income replacement at 60 percent of base pay to a maximum of $7,500 per month.

Short Term Disability (Staff Only) »

The university provides at no cost a salary continuation plan after 90 days of employment. It offers to staff income protection in the event of a non work-related short-term disability lasting up to 180 days. This benefit provides 60 percent of base pay to a maximum of $7,500 per month after exhausting accrued time off and/or a seven calendar day waiting period (whichever is greater). This benefit is administered through Dearborn National.

Employee Assistance Program »

This program provides to faculty, staff and their families voluntary, confidential and free access to short-term counseling and online resources that cover a wide range of issues that include emotional and personal health as well as work-life issues.

Flexible Spending »

This program permits employees to use pre-tax dollars to pay for up to $2,600 in out-of-pocket medical, dental, vision and hearing care not covered by insurance and for up to $4,000 in dependent (child and elder) daycare expenses. Employees may enroll on the first day of the month after hire and again during Annual Enrollment. Health and dental care premiums paid by payroll deduction are automatically withheld pre-tax. Enrollment is done online at www.wageworks.com.

Commuter Program »

This program allows employees to use pre-tax dollars to pay for transit passes and parking.

Retirement Plan »

A 403(b) retirement plan is available for all faculty and staff who have reached age 21.  Employees may participate on an unmatched basis immediately upon becoming benefits eligible.  Contributions may be invested in TIAA-CREF and/or Fidelity Investments.

Employees may participate on a matched basis after two years of employment for staff and one year of employment for faculty.  Once attaining match eligibility and confirming election via the Salary Reduction Agreement form, a base five-percent university contribution is supplemented by matching the employee's contribution of up to an additional four percent when the employee chooses to make such additional contribution. Prior employment with an educational institution of higher learning or certain research organizations may qualify the employee for immediate participation with the match.

Please note that the match is not automatic. Employees must submit a Salary Reduction Agreement form indicating this election in order to receive this benefit.

Tuition Assistance »

Information about IIT's Tuition programs, including:

  • Tuition Remission
  • Tuition Reimbursement
  • Tuition Exchange

Other Benefits »

Use this link to find more information on:

  • Other Services on campus
  • Credit Union
  • Direct Deposit
  • Paid time off (for staff)

Holiday Schedule - 2019-20 Calendar Year

January 1, 2019 Tuesday, New Year’s Day
January 21, 2019 Monday, Rev. Martin Luther King, Jr.'s Birthday
May 27, 2019 Monday, Memorial Day
July 4, 2019 Thursday, Independence Day
July 5, 2019 Friday (floating holiday)
September 2, 2019 Monday, Labor Day
November 28, 2019 Thursday, Thanksgiving Day
November 29, 2019 Friday (floating holiday)
December 25-27, 30-31 2019 University closed (University holidays)
The University will also be closed Wednesday, January 1, 2020, and will re-open Thursday, January 2, 2020.