Summary of Faculty Benefits

Members of the department of psychiatry standing together outside of the Rachel Upjohn Building

Here at the Department of Psychiatry, we value...

  • 7 Holiday Days (may flex +/- a week if providing clinical coverage during the holiday date)
  • 22 Vacation Days
  • 4 Season Days (last 4 business days of December; may flex +/- a week if providing clinical coverage during that time)
  • 10 Conference Days
  • 4.6 Continuing Medical Education Days (2% effort of a 46-week work year)
  • 15 short-term sick days annually (5.7% of weekdays)
  • 30 parental leave days when a child joins your family (6 weeks)
  • 90 Family Medical Leave Act days (up to 3 months)—available after 1 year of employment and renewable every 5 years
  • Low-cost, comprehensive health insurance life insurance, long-term disability coverage, flexible spending accounts for healthcare and dependent care expenses
  • 2:1 match of employee contributions (up to 5% of your salary) to the 403(b) Basic Retirement Plan
  • Options to save more through a 403(b) Supplemental Retirement Account (SRA) and a 457(b) Deferred Compensation Plan, both of which can be made on a pre-tax or after-tax (Roth) basis. Employees can choose to invest with TIAA or Fidelity Investments, or both

University of Michigan Health Plans

The University of Michigan offers a variety of affordable, comprehensive health care plans designed to help you stay well and to protect you and your family. Most health plans cost less than $90 per month for an individual with additional coverage options for adult and child dependents. With five choices in high-quality health coverage, you can choose the plan that offers the most advantages for you and your family.

Health Benefits at a Glance

The University of Michigan Prescription Drug Plan

All eligible participants in university health plans are automatically enrolled in this plan, which covers most prescription drugs with no deductible and offers a nationwide network of retail pharmacies, as well as a convenient mail order service with reduced copays. Learn more here.

The University of Michigan Dental Plan

The plan offers a choice of three coverage levels, all administered through Delta Dental of Michigan. Learn more here.

The University of Michigan Vision Plan

This plan is offered to eligible staff through Davis Vision, a preferred provider organization (PPO). As a plan participant, you receive one eye examination and one pair of basic eyeglasses (or discounts towards designer and/or upgraded eyeglasses) yearly. Learn more here.

Additional Benefits

The University of Michigan encourages and supports healthy living. MHealthy, the university's health and well-being program, helps U-M faculty and staff achieve their best—physically, mentally, and emotionally.

University of Michigan employees receive special discounts from a variety of local and national businesses and services (e.g., car dealerships, mobile phone companies, dry cleaners).