Loyola University Maryland

Office of Human Resources

Flex Credits

Loyola University Maryland's Cafeteria Flexible Benefits Program (flex plan) allows you to choose the combination of benefits that meets your personal needs. Participation in both core and elective benefits begins the first of the month following the date of hire or date of eligibility. If your effective date of employment is on the first of the month your benefits will be effective on that date (e.g. if you begin employment on Feb. 1, your benefits will begin on Feb. 1).

The University provides flex credits to assist employees with the purchase of their benefits. Regular full-time, core, or four-fifths employees receive base flex credits of $1,000. Regular full-time or core employees who are members of the Order of the Society of Jesus or the Order of the Religious Sisters of Mercy receive base flex credits of $850. Regular half-time staff and administrators receive base flex credits of $500. In addition to the base flex credits, the University provides eligible employees with additional credits after six years of service.

This website provides a summary of the benefits available. The University reserves the right to modify, amend, suspend or terminate any plan at any time, and for any reason without prior notification. You will be notified of any changes to these plans and how they affect your benefits, if at all. The plans described on this website are governed by insurance contracts and plan documents, which are available for examination. We have attempted to make explanations of the plans on this website as accurate as possible. However, should there be a discrepancy between this website and the provisions of the insurance contracts or plan documents, the provisions of the insurance contracts or plan documents will govern. In addition, you should not rely on any oral descriptions of these plans, since the written descriptions in the insurance contracts and plan documents will always govern.