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COBRA Insurance Benefits
The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA), as amended, requires that employers offer employees and their families the opportunity for a temporary extension of health and dental coverage at group rates in certain instances where coverage under the group plan would otherwise end.
Workers' Compensation Insurance
The state of Iowa workers' compensation law requires most employers to provide benefits to eligible employees who have injuries arising out of and in the course of employment. The College covers all of its employees under this state-mandated program at no cost to the employee.
Social Security
All employees are covered under the provisions of the federal social security law (FICA - Federal Insurance Contributions Act). FICA consists of two separate taxes that are withheld from your wages: Social Security, which pays for cash benefits to entitled beneficiaries, and Medicare, which pays for hospital benefits for people covered by Medicare when they become entitled.
Unemployment Compensation Insurance
The state of Iowa's unemployment compensation law requires that all employees are provided with unemployment compensation insurance coverage.
For additional information about these benefits, contact:
Sherry Leshen, Benefits Specialist 269-4356 / leshens@grinnell.edu
Jim Mulholland, Assistant Treasurer 269-3500 / mulholla@grinnell.edu
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