Policy Statement:

Lakeway Christian Schools (LCS) recognizes the importance of providing competitive and comprehensive benefits to its full-time employees as part of its commitment to their well-being and job satisfaction. The school offers a range of employee benefits to eligible personnel.

Eligibility for Employee Benefits:

Eligibility for employee benefits is limited to full-time employees of LCS. Part-time or contract personnel are not eligible for these benefits.

Types of Employee Benefits:

• Insurance Benefits: LCS provides eligible full-time employees with the option to participate a wide selection of health, dental, vision, and other types of insurance plans. The school contributes $200 per month for 10-month employees and offers a 60% match for 12-month employees for health insurance.  Other contributions vary by plan. Coverage options and contributions are specified in the respective plan documents.
• Retirement Plans: LCS offers a 401(k) retirement plan to eligible full-time employees. The school provides a matching contribution of $0.50 on the dollar for the first 4% of employee contributions.
• Paid Time Off: Eligible full-time employees are entitled to paid time off (PTO), which includes vacation days, holidays, and sick leave, as outlined in LCS policies and employment agreements.
• Professional Development: LCS supports the professional growth and development of its employees by providing opportunities for continuing education, training, and professional development as budgetary allowances permit.
• Tuition Discount: Full-time employees' children are eligible for a 50% tuition discount at LCS.

Administration of Employee Benefits:

• Benefit Enrollment: Eligible full-time employees are provided with information about benefit options and enrollment procedures during the onboarding process and as part of the annual benefits enrollment period.
• Benefit Changes: Employees may make changes to their benefit elections during the annual open enrollment period or within the scope of allowable qualifying events, as defined by the terms of the respective benefit plans.
• Benefit Documentation: LCS provides eligible employees with documentation outlining the details of their selected benefits, including plan descriptions, coverage, and applicable terms and conditions.
• Benefit Costs: Employees may be required to contribute financially to certain benefits, and contributions are made through payroll deductions in accordance with plan requirements.

Annual Review and Changes:

The availability and terms of employee benefits are reviewed annually by the LCS Board of Directors and are subject to change based on the school's financial condition and strategic priorities.

Implementation and Compliance:

This employee benefits policy is implemented consistently across all LCS employee benefit programs. Employees are encouraged to review benefit plan documents and seek guidance from human resources or benefits administrators to make informed decisions about their benefits.