Retirement and Health Insurance
Retirement and medical insurance contributions are the majority of higher education benefit dollars. Although retirement and Social Security contributions increase with salary, medical benefits generally do not. Public colleges and universities show less variation in the amount of benefits than is found among private institutions. All benefits increased since last year, with the exception of small decreases in the “other benefits” category for public community colleges and private doctoral institutions. Table 6 shows the amount paid by the institution or state on behalf of the faculty member.
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