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Benefits

Our outstanding employee benefits are the foundation of our successful employees. The University of Tennessee Foundation is proud to provide a wide array of benefits including comprehensive health insurance, retirement, paid time off, tuition waivers and discounts, in addition to many more services to support the health and happiness of our employees.

Investing in Your Future

Your future is important that is why we offer numerous tools that can help you reach your financial goals. The UT Foundation offers two retirement options: Tennessee Consolidated Retirement System (TCRS) Hybrid Plan and Optional Retirement Plan (ORP) Hybrid Plan. In addition, we offer 401(k), 403(b), 457 and Roth 401(k).

Protecting You and Your Loved Ones

Full-time employees regularly scheduled to work at least 30 hours a week are eligible to enroll in the following insurance programs:

  • Health
  • Dental
  • Vision
  • Life
  • Optional Special Accident
  • Optional Universal Life
  • Term Life
  • Long Term Disability (at any time)

Work Life Balance

We value your time! That is why the UT Foundation offers up to 24 vacation days per year, eight paid holidays, and paid time off for administrative closings, including the last week of the calendar year. In addition, we also offer all classic forms of leave.

Furthering Your Education

The UT Foundation is dedicated to furthering the education of our employees as well as their families. We offer educational assistance to our regular employees and their spouses and dependent children. “Full-time regular faculty and staff may enroll without payment of maintenance fees for up to a maximum of nine undergraduate or graduate credit hours per term/semester. In addition, state law provides full-time regular employees with a fee waiver for one course for credit per term at any state supported college, university, or area vocational-technical school.”

Investing in Our Employees

The UT Foundation offers their employees longevity pay. After 36 months of service, all regular employees working 82.05 percent time or more receive an annual check of $100 for each year of service up to $3,000 for a maximum of 30 years. For Hybrid employees (Employees hired after July 1, 2014), there will be a five percent deduction of this benefit that will go towards your retirement plan.

Deeper Dive into Your Benefits

For more information regarding out benefits, check out our summary of benefits.

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