![]() ![]() Vacation, Sick and Holiday Leaveīenefits-eligible employees will accrue paid time off for vacation, sick and holiday leave.Īll leave time is proportionate to your regular full-time or part-time employment status, beginning on the first day of employment and ending on the last day worked. With this plan, employees contribute 6.65% of their salary and the State of Texas contributesĮmployees may also participate in a tax-sheltered annuity plan or a deferred compensation plan on a tax-deferred basis through payroll deductions. The Optional Retirement Program (ORP) is an alternative retirement plan available to designated faculty members and administrative and professional employees only. With this plan, employees contribute 8.0% of their salary and the state of Texas contributes 8.0%. The Teacher Retirement System (TRS) is offered to the majority of employees. UTMB’s benefits program includes a variety of retirement plans to help you save.
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