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Financial Benefits

At Butler University, we offer our employees a variety of financial benefits. Feel free to explore the subsequent pages and learn more about the benefits exclusive to Butler employees and their families.

Flexible Spending Account

When you participate in your Butler-sponsored Flexible Spending Account (FSA), you elect to have a specified amount of money deducted from your paycheck on a pre-tax basis.

Health Savings Account

Health Savings Accounts (HSA) can be opened along with a high-deductible health plan and provide money to pay for health-related costs. 

Tuition Remission & Exchange

Butler helps its employees and families pay for tuition through the Tuition Remission and Exchange programs.

Retirement Savings Plan

Butler wants to help you save for your retirement.

Additional Resources

Life & Accident Insurance

Butler University provides Life & Accidental Death & Dismemberment (AD&D) Insurance through OneAmerica.

Short- &Long-Term Disability

Through OneAmerica, Butler University offers both Short Term Disability and Long Term Disability.

Long Term Care Coverage

Your Group Long Term Care Insurance Program
Butler University benefits include Group Long Term Care Insurance for newly hired and active employees. Under this Voluntary Group Long Term Care Insurance Program, coverage to help pay for long term care may be more affordable than you think.

Long term care insurance? Don’t I already have that?

There are many myths about long term care insurance. One of the biggest myths is that health and/or disability insurance pays for long term care expenses. In fact, many people automatically assume their insurance or Medicare will pay for their long term care. Those types of insurance were not designed to cover long term care.

  • Health Insurance/Medicare – Covers short-term acute care such as hospital stays, operations, prescription drugs, and doctor’s visits.
  • Disability Insurance – Replaces a portion of your income and is typically used to pay for basic living expenses when you can’t perform your job.

Long term care insurance – Is designed to reimburse expenses you may incur for help with everyday activities you would normally take for granted, like bathing, dressing and moving around when you can no longer care for yourself. This care can be received in the comfort of your own home or in an assisted living or nursing facility if needed.

Don’t let myths keep you from taking control of your future. Learn more about our long term care insurance offering for employees and family members.  

 

Personal Computer Loan

The University recognizes that various fields of study have diverse needs and that faculty and staff must have the opportunity to explore the ways computer resources can be used. Thus, the purpose of the Personal Computer Loan Program is to foster the faculty and staff development of computer applications and knowledge in all fields. 

Elements Financial Wellness Curriculum

Learn at your own pace online modules covering a broad spectrum of personal money-related topics.  Utilize Element's free online financial education resource today.