Benefits

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.

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.

W&L offers basic life insurance coverage that is directly related to salary. Eligible employees may purchase additional life insurance for themselves, their spouse or domestic partner, and their dependent children.

Benefit-eligible employees will be covered by the University’s group Long-Term Disability (LTD) plan after one-year of employment and the LTD retirement plan 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.

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.

The University offers interest-free loans to purchase a personal computer and printer. Employees must have completed six or more months in a benefit eligible position.

Explore additional perks that are available to W&L employees.