- General Information
- Student Employment
- Benefit Plans
- Time Benefits
- Transit Benefits
- Ministry Benefit
- Family Status Change
- Service Awards
- Complete List of Benefits
Complete List of Benefits
Below is an alphabetical list of the employee benefits information available on this site. If you have additional questions or can't locate the information you need, please contact a member of our Benefits Staff.
|A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Accidental Death & Dismemberment/ Basic Life Insurance
Basic Life Insurance
Optional Life Insurance
To provide assistance to employees who are building families, Moody has developed a policy to provide eligible employees with financial assistance for adoptions.
The Consolidated Omnibus Budget Reconciliation Act (COBRA) is a federal law that gives you and your covered dependents the right to continue group health coverage on a self-paid basis if eligibility for the employer-sponsored group medical and dental is lost.
For specific eligibility and rates, please contact Kris Akut.
The Moody Bible Institute provides a variety of dental insurance options. Employees may participate in any of the following dental plans:
Employees are eligible for dental coverage on the first of the month following full-time hire date (unless hire date is the first of the month).Learn more about Dental Plans
Dependent Day Care
Dependent day care expenses are those that must be incurred to enable you and your spouse, if married, to be employed. The expenses must be incurred for services received after the effective date of your election and during the plan year to which it applies. These expenses include day care, before-and-after school programs, nursery school or preschool, summer day camp and even adult day care.
You may set aside a maximum of $5,000 per year (if married, filing jointly) or $2,500 (if unmarried, or married, filing separately) on a pre-tax basis.
For more information, contact Erica Loring.
Employee Ministry Benefit
The Employee Ministry Benefit is paid time off to use towards up to five days of ministry for a missions trip or local service project. Ten employees will be awarded this benefit in a calendar year. Employees who are full-time and have at least two years of service at Moody are eligible to apply.
The Employee Ministry Benefit Application for the next calendar year is due to Human Resources by November 30th of the current year. Please download, save, and send the completed form to email@example.com.
Full-time employees of Moody can take advantage of discounts at the following locations (Moody ID must be presented):
Employee Service Awards
Employees receive a service award from the Institute at two years, five years and each fifth year of service thereafter.
For rehired employees, a service award date may be assigned taking into account any periods of prior full-time employment with Moody.
To browse the award selections for each service level, visit the Employee Service Awards website.
For additional information, contact Kris Akut.
Flexible Spending Account (Health Care Savings)
The Flexible Savings Account (or Health Care Savings Account) is a voluntary employee benefit plan which permits employees to pay for certain eligible expenses with pre-tax dollars.
This benefit allows an employee to direct a portion of his or her salary on a pre-tax basis to an account to be used to pay for medical, dental vision care or other health-related expenses that are not covered or reimbursed under any other plan. By doing this, an employee may realize tax savings on the amount set aside. The amount saved is dependent on the individual's tax rate.
Moody Bible Institute provides a variety of health insurance options. Employees in the Chicago area (Illinois and northern Indiana) may participate in any of the following health plans:
Employees in locations outside the Chicago area may participate in the following health plan:
Long-Term Disability Insurance
Long-Term Disability Insurance is provided at no cost to full-time employees. It provides financial protection for you by paying a portion of your income while you are disabled. In some cases, you can receive disability payments even if you work while you are disabled.
Coverage begins automatically 180 days after your hire date. The plan covers 50% of your basic monthly earnings ($5,000 maximum monthly benefit) after 180 days off work for disability.
For additional information, contact Erica Loring.
A retiree is defined as a full-time employee who leaves the employ of Moody having attained either age 55 with ten years of service or age 60 with five years of service. An employee who plans to retire must submit a letter of intent to retire at least three months before the intended retirement date. For more information, consult the Employee Information Guide .
MBI Defined Benefit (Pension) Plan
MBI Defined Contribution Plan
MBI Retiree Health Plan
The Moody Bible Institute Transit Benefit is a program whereby you may set aside dollars from your paycheck to pay for your public transportation expenses (i.e. bus, subway and train). Under the MBI Transit Benefit you will continue to pay for your own commuting expenses, but the program makes it possible for you to increase your take-home pay by reducing your federal and state income taxes and your Social Security (FICA) taxes. Up to the IRS max limit (set at the beginning of every calendar year) may be deducted from your paycheck on a pre-tax basis, and any amount over the IRS limit will be deducted on a post-tax basis.
Vision Discount Program
Moody partners with Navigate Wellbeing Solutions to provide wellness benefits to employees. Please view our wellness page for further program information.
If you have further questions, contact Kris Akut.
If you become injured or ill as a result of working at Moody and wish to file a Worker's Compensation claim, certain forms must be filled out and submitted within ten days of the injury or illness. When approved, coverage begins immediately. Worker's Compensation insurance will pay medical bills and, depending on circumstances, may pay salary instead of Moody.
The full procedure for dealing with work-related accident or illness can be found in the Employee Information Guide .
If you have further questions, contact Erica Loring.