Benefits

Employee Benefits

The University of Richmond offers an extensive benefits package that includes comprehensive health insurance, a 403(b) retirement plan, and tuition remission covering both credit and non-credit courses, in addition to countless other programs and services offered to eligible staff and faculty.

The University’s benefits program is informed by our established benefits philosophy as well as feedback from a peer group, the University Benefits Committee. Download the Benefits Guide to learn about your current benefit options.

Click here to view your Total Compensation Statement at the bottom of your WEX login page.View the Benefits GuideView the Summary Annual Report

View or Change Your Benefits

You can view your current benefits at any time, as well as make a change to your benefits outside the Benefits Open Enrollment Period if you experience a qualifying event, using the WEX Benefits Portal at benefitexpress.richmond.edu.
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Leave

Eligible employees enjoy generous leave benefits, including 15 paid holidays. New staff members also accrue 15 vacation days and 12 sick days in their first year. In addition, the University offers a variety of leave options to accommodate individual needs, including parental leave and bereavement leave.

Insurance

The University of Richmond offers three Cigna medical insurance options, as well as voluntary dental through Delta Dental and voluntary vision through Anthem BlueView. Eligible employees are provided short and long-term disability, as well as basic life insurance coverage with the option to purchase additional voluntary life insurance for themselves and their dependents.


Retirement

The University of Richmond Retirement Plan is a 403(b) defined contribution plan. All employees are immediately eligible to contribute money to the 403(b) supplemental retirement annuity. Eligible employees receive a five percent University contribution to the 403(b) retirement annuity. In addition, the University will match up to an additional five percent to the employee's retirement annuity.

Education

The University of Richmond offers tuition remission, covering both credit and non-credit courses for eligible employees and their dependents. The University is a member of two tuition exchange programs, making it possible for a full-time employee's dependent child(ren) to attend participating colleges or universities through a competitive scholarship program.

Employee Well-being

The University of Richmond recognizes that balancing busy work lives and home lives is complex; the University works to provide resources and tools for success in all areas of the employee’s life. The resources provided on this page are intended to help employees intersect the challenges of work, family, and life responsibilities.

Benefits Philosophy & Committee

The University's benefits program for faculty and staff is informed by feedback from the community, including a committee of faculty and staff.
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