Benefits Summary: FY 2012 - 2013
1. Health Insurance
- Employees scheduled to work a minimum of 28 hours per week are eligible to choose from three Health Maintenance Organization plans (HMO).
- The current coverage is available through Harvard Pilgrim Health Insurance.
- The level of benefit provided depends on the plan chosen.
Eligibility: First of the month following three months of service
Cost to Employee: Based on scheduled hours and type of coverage.
2. Dental Insurance
- Employees scheduled to work a minimum of 28 hours per week may elect group dental insurance. The current group coverage is available through Northeast Delta Dental Insurance Company.
- Eligible preventive services are covered at 100% of the reasonable and customary charges. Eligible dental treatments for basic and major/restorative care are paid at 80% and 50% respectively, after a $50 calendar year deductible ($150 per family). The calendar year maximum benefit for all covered dental services is $1,000 per person.
Eligibility: First of the month following three months of service
Cost to Employee: Based on scheduled hours and type of coverage.
3. Life Insurance
- Employees scheduled to work a minimum of 17.5 hours per week receive life insurance equal to the employee’s annual base salary, rounded up to the next thousand dollars to a maximum of $50,000.
- Accidental Death and Dismemberment (AD & D) is also provided and is equal to the employee’s basic life insurance.
- The insurance carrier is CIGNA Insurance Company.
Eligibility: First of the month following three months of employment
Cost to Employee: None
4. Long Term Disability
- Employees scheduled to work a minimum of 28 hours per week receive long-term disability insurance. In the event an employee becomes totally disabled, benefits begin after 90 days of disability.
- The benefit is equal to 60% of salary up to a maximum of $8,000 per month.
- The current carrier is CIGNA Insurance Company.
Eligibility: First of the month following three months of employment
Cost to Employee: None
5. Sick Time
- Employees who are regularly scheduled to work a minimum of 17.5 hours per week accrue sick time monthly up to 12 days annually.
- Sick time is prorated for part-time employees.
- Sick time is to be used for the employee’s personal illness, medical or dental appointments or injury.
Eligibility: Following one month of employment
Cost to Employee: None
6. Vacation Time
- Employees who are regularly scheduled to work a minimum of 17.5 hours per week accrue vacation time monthly up to 12 days annually for the first year of employment.
- Vacation time is prorated for part-time employees.
- After the first year, employees earn 2 additional vacation days per year up to a maximum of 22 days annually after 6 years of service.
Eligibility: Following three months of employment
Cost to Employee: None
7. Holidays
Employees who are regularly scheduled to work a minimum of 17.5 hours per week are eligible to receive 8 paid holidays per year. The Holiday Schedule is determined and approved by the CEO each year.
The following is a list of the approved holidays for 2011:
New Year’s Day
Civil Rights’ Day
Memorial Day
Independence Day
Labor Day
Thanksgiving Day
Day after Thanksgiving
Christmas Day
Eligibility: Upon hire
Cost to Employee: None
8. Personal Days
- Employees who are regularly scheduled to work a minimum of 17.5 hours are eligible to receive 3 personal days per year.
- These days are in addition to vacation and sick leave; and to the organization's designated annual holidays.
- Employees hired on or after January 1, 2012 shall receive three personal days following completion of three months of employment..
- Only one personal day may be taken in a quarter.
Eligibility: Following three months of employment
Cost to Employee: None
9. Tax Sheltered Annuity
- Monadnock Family Services may make a discretionary contribution to the plan at the end of the fiscal year. The contribution, if any, shall be a percentage of your salary as determined by MFS.
- Employees are 100% vested in contributions made by the Agency.
- The current provider of the plan is Principal Financial Group.
Eligibility: After one year of service with a minimum of 910 hours
Cost to Employee: None
Additional Benefits Include:
- Pre-tax deductions for Employee cost of medical & dental insurance
- Bereavement Days
- Employee Assistance Program - all part-time and full-time benefited employees up to 3 visits per occurrence
- Direct Deposit
- Medical Expense Reimbursement Plan - for employees on Agency health insurance - Agency reimburses the employee for remaining $250 of their plan's deductible annually per family member up to three per family
Employee Deduction Options:
- Flexible Spending Accounts
- Tax Sheltered Annuity
The above information provides only a brief summary of each benefit. If you have benefit questions or would like additional details, please contact Human Resources: 283-1570 or 283-1574.
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