MCCB Employee-Handbook 2020

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Section 7: Employee Benefits

MISSISSIPPI COMMUNITY COLLEGE BOARD POLICIES AND PROCEDURES MANUAL

Title: Credit Union

Initial Date of Adoption: June 18, 1992

Reference:

Revision Date: May 20, 2016

Code Number: 7.6

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CREDIT UNION

Employees are eligible to join either the Mississippi Public Employees Credit Union or the Statewide Federal Credit Union which offers an opportunity to save and borrow money, as well as an opportunity to purchase automobile insurance. Employees may join by paying the customary entrance fee and deposit set by the Credit Union. Loan installments, savings payments and insurance payments may be handled through payroll deduction.

Title: Deferred Compensation Plan

Initial Date of Adoption: June 18, 1992

Reference:

Code Number: 7.8

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DEFERRED COMPENSATION PLAN

Employees are eligible to participate in the Mississippi Deferred Compensation Plan which is designed to supplement social security, state retirement, other retirement plans and savings.