For example, if a new employee requests to receive medical insurance through the employer and the … The employee may voluntarily contribute a portion of his/her earnings into the retirement fund. For current year plan and vendor contact information please visit the Benefit Plans and Resources web page using the link in the menu to the right. Please note that the information provided, while authoritative, is not guaranteed for accuracy and legality. Employee Benefits Liability insurance provides coverage to an employer for errors or omissions in the employer’s administration of its employee benefit program. Employee Benefit Plans and Policies The sections below describe the different benefit plans and policies available to eligible employees of Pitzer College. The university will contribute 6% of the employee’s regular base pay into the employee’s retirement plan. The University will match up to 3.5% of employee contributions. The site is read by a world-wide audience and employment laws and regulations vary from state to state and country to country. The aggregate limit is the most the insurer will pay for damages arising out of all administrative errors. Employee Benefits Liability coverage usually includes two separate limits: an aggregate limit and an "each employee" limit. The cost of most University benefits plans is determined by the University’s own group experience, and therefore, premiums are determined by the claims paid on behalf of University group members.