The following optional benefits are available to part-time wage/hourly employees at UMW:

  • Deferred Compensation Plan (457) – Frequently Asked Questions
  • Tax-Deferred Annuity (TDA) and 403B Programs
  • The 403(b) Universal Availability Notice is available for your review.
  • Tuition waiver policy: After one year of employment
  • Provider Network: guide to finding providers, plans, and services that best fit the needs of you and your family.
  • U.S. Savings Bonds:  The U. S. Department of Treasury has announced it is eliminating the option to purchase paper savings bonds through payroll deduction as part of an environmental and cost-saving initiative.  The move from paper to electronic transactions will increase reliability, safety, and security for participants and recipients.  For more information, visit http://www.treasurydirect.gov/.  Participants who wish to continue purchasing U. S. Savings Bonds are encouraged to do so through TreasuryDirect, a web-based system for purchasing and holding electronic savings bonds.  TreasuryDirect allows purchasers to arrange automatic debits from their own bank accounts to purchase bonds.  For more information, visit www.treasurydirect.gov/.