- Career + Alumni
- Life at SCAD
- About SCAD
The SCAD 403(b) plan is offered to full-time Savannah College of Art and Design faculty and staff members. SCAD will match a percentage of what you contribute to the plan.
Each year SCAD has the discretion to contribute an additional sum of money to faculty and staff retirement accounts based on certain eligibility requirements.
SCAD pays for basic term life insurance for you in the amount of one time your annual earnings up to $400,000. If your death is due to an accident, your beneficiary will receive an additional amount through AD&D equal to your life insurance coverage amount. The payable amount of your AD&D benefit depends on the type of loss.
If an illness or injury prevents you from working, short-term disability coverage will provide you with a percentage of your weekly earnings. Liberty Mutual administers SCAD STD benefits and SCAD pays 100 percent of the premium for you.
Long-term disability coverage continues a portion of your income if you become unable to perform your regular job duties for an extended period due to illness or injury. LTD works with Social Security and any other group disability coverage to provide you with a percentage of your monthly earnings for the length of your disability. Liberty Mutual insures SCAD LTD benefits and SCAD pays 100 percent of the premium for you.
You may purchase additional life and AD&D insurance.
You may purchase life insurance for your dependent child, spouse or same-sex domestic partner.
Critical illness insurance
If you or a family member suffers a critical illness, you can be hit hard with immediate medical expenses and reduced income from being out of a job. Medical benefits pay part of the medical bills. Disability coverage helps replace income. However, many immediate expenses may not be covered. Critical illness insurance can help relieve the financial impact of a sudden life-threatening event by helping to pay the direct and indirect costs of the illness.
Pays a benefit regardless of any other insurance you might have when the covered family member is injured in an accident.
Group whole life
Coverage amounts up to $100,000 for employees, $50,000 for a spouse and $10,000 for children. This coverage builds cash value.
Monthly benefits from $500 to $5,000 are subject to income requirements and benefit period restrictions.