University of Michigan Employee Benefits: A Comprehensive Overview
The University of Michigan (U-M) provides its employees with a comprehensive benefits package designed to support their well-being, protect their families, and secure their financial future. These benefits encompass various aspects of employee life, including health, time off, retirement, and professional development. Eligibility for specific benefits is determined by job group, appointment percentage, and appointment length.
Health and Well-being Benefits
U-M prioritizes the health and well-being of its employees, offering a range of health insurance options, prescription drug coverage, vision care, and resources for healthy living.
Health Insurance
Employees gain immediate access to health insurance and prescription drug coverage starting on their first day of employment. The university consistently evaluates its plans to ensure they provide high quality and value. Employees can choose from several plans and plan types, including comprehensive major medical, Health Maintenance Organization (HMO), and Preferred Provider Organization (PPO) options. Coverage is also available for eligible dependents. Furthermore, employees can combine any U-M health plan with a pre-tax healthcare Flexible Spending Account (FSA).
UM Health-Sparrow also offers a variety of health, dental, and vision options providing different levels of coverage, including PPO, HSA, and HMO health options and comprehensive dental and vision choices.
Prescription Drug Plan
All eligible participants in university health plans are automatically enrolled in the U-M Prescription Drug Plan. This plan covers most prescription drugs without a deductible, offering a choice of three coverage levels.
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Vision Plan
Vision coverage is available to eligible staff through Davis Vision, a preferred provider organization (PPO).
Workplace Health and Well-being
U-M fosters a workplace that encourages and supports healthy living.
Time Off Benefits
The university recognizes the importance of work-life balance and offers generous paid time off for vacation, holidays, and sick time, as well as paid maternity and parental leave. The amount of time accrued varies based on position, length of service, and work location.
Paid Time Away from Work
Employees receive generous paid time off for vacation, holidays, and sick time, in addition to paid maternity and parental leave. The accrual of time off is determined by position, length of service, and work location.
UM Health-Sparrow's culture values work-life balance. Time-off accrual begins immediately for all benefit eligible team members and time-off earned is varied based on your job class.
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University Observed Holidays
The university observes several holidays, including:
- New Year’s Day
- Memorial Day
- Independence Day
- Labor Day
- Thanksgiving Day
- Day After Thanksgiving
- Christmas Day
- Floating Holiday*
*The floating holiday was added in 2025. It is a single day that must be used within the 12-month calendar year to celebrate a day of personal significance. Most areas offer the flexibility to substitute holidays when needed or when the nature of your job requires work on a designated holiday.
Most areas offer the flexibility to substitute holidays when needed or when the nature of your job requires work on a designated holiday.
Retirement Savings Plan
U-M provides a generous retirement plan to help employees save for their future.
Retirement Plan
The university offers a generous two-for-one match of employee contributions to the 403(b) Basic Retirement Plan. Employees also have the option to save more through a 403(b) Supplemental Retirement Account (SRA) and a 457(b) Deferred Compensation Plan. SRA and 457(b) contributions can be made on a pre-tax or after-tax (Roth) basis. Employees can choose to invest with TIAA or Fidelity Investments, or both.
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UM Health-Sparrow provides a generous 401(k) savings plan with immediate enrollment upon hire and access to diverse fund options. An automatic deferral of 6% of pay will be deducted from each paycheck as soon as administratively possible following a 60-day opt-out period.
Additional Benefits
In addition to the core benefits, U-M offers a variety of other benefits to support employees' financial security, professional development, and work-life balance.
Income Protection Plans
UM Health-Sparrow recognizes the value and peace of mind income protection plans provide our team members and their families.
Voluntary Benefits
UM Health-Sparrow offers team members paid, optional benefits that provide additional financial protection with premiums payable through payroll deduction for benefit-eligible team members. Because the plans are voluntary, you can customize your coverage by choosing from a range of plans that offer a combination of benefits and features that meet your personal and family insurance needs.
Tuition Assistance
UM Health-Sparrow values service longevity and provide eligible team members a tuition assistance program to promote learning and achievement of educational and career goals.
Additional Resources
This also includes membership access to Sittercity fee-for-service resources from Sittercity to help you take care of those who matter most while you fulfill your commitments to U-M.
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