Employment Benefits

HRMC offers a very competitive benefits package including:

• a choice of medical, life, dental, and/or vision insurance
• generous vacation and sick time
• generous employer contributions to the 401(k) retirement savings plan
• tuition reimbursement
• and many other supplemental benefits

These benefits are available to employees scheduled to work 40 hours or more during a two-week pay period.

Insurance

Health Insurance

Plan: Avera Health Plan
Benefit:  $2,000/$3,500 deductible plans for single, employee + 1 and family
Eligible: Employees regularly scheduled to work 40 hours or more per pay period
Effective: The first of the month following 30 days of employment

HRMC and employee share the premium cost

Life Insurance
Plan: UNUM Group Life/AD&D
Benefit: One times yearly salary to maximum of $200,000
Eligible: Employees working 40 hours or more per pay period
Effective: The first of the month following 90 days of employment
Elimination period: 9 months
Age reduction: 65 percent at age 70, 50 percent at age 75
Portability option at time employment ends

HRMC pays 100 percent of the premium

Additional Life Insurance
Plan: UNUM Voluntary Life/AD&D
Benefit: Lesser of 5 times salary or $500,000
Increments of:

• $10,000 for employees
• $ 5,000 for spouse
• $ 2,000 for child

Guarantee issue: Employee – $150,000, Spouse – $25,000; Child – $10,000
Eligible: Employees working 40 hours or more per pay period
Effective: The first of the month following 90 days of employment
Elimination period: 9 months
Age reduction: 65 percent at age 70, 50 percent at age 75
Portability option at time employment ends

Employee pays 100 percent of the premium based on age

Long Term Disability Insurance
Plan: UNUM Long Term Disability
Benefit: 50 percent of monthly earnings to a maximum of $5,000
Eligible: Employees working 40 hours or more per pay period
Effective: The first of the month following 30 days of employment
Elimination period: 90 days
Definition of disability:  2 year own occupation

Employee pays 100 percent of the premium based on age and salary

Dental Insurance
Plan: Delta Dental
Benefit: Annual max of $1,000 per person per covered year.
Eligible: Employees working 40 hours or more per pay period
Effective: The first of the month following 30 days of employment

Employer pays 100 percent of the employee premium–employer and employee share cost of family coverage

Vision Insurance
Plan: VSP
Benefit: WellVision exam: $10 copay for exam & glasses every calendar year. Lenses and contact allowance every calendar year. Frame allowance every other calendar year.
Eligible: Employees working 40 hours or more per pay period
Effective: The first of the month following 30 days of employment

Employee pays 100 percent of the premium–Employee, employee + one, employee + children and family options.

401(k) Retirement
Plan: 401(k) T. Rowe Price
Benefit: Traditional pre-tax and ROTH Employee Retirement Plan
Eligible: Employees age 18 or older
Effective: The first month following 30 days of employment

Employee contributes to individual plans up to specified IRS limit
Employer match is 25% of employee contribution up to 1% – employee must contribute 4% to get full employer match 

Wellness Bonus

Eligibility:  Employees regularly scheduled to work 32 hours or more a pay period who reach a maximum EIT accrual of 264 hours
Accrual: Up to 56 hours per pay period based of full-time employment (2.15 hours per pay period) or .02687 per hour paid
Paid:  50 percent of Wellness Bonus hours are paid the second payroll in November

After payment the account resets to zero and EIT remains at 264 Wellness Bonus is paid first and then EIT hour are used for qualifying illness 

Bereavement Leave

Eligibility:  Employees scheduled for work hours and/or scheduled PTO/EIT hours due to death of a family member
Paid leave for immediate family members:  Up to 3 days for employee’s spouse, child, parent, brother, sister, grandparent, grandchild, father & mother-in-law, son & daughter-in-law, stepparent, stepchildren, stepbrother, and stepsister.  The third day shall be no later than the day after the funeral.
Paid leave for brother & sister-in-law:  The day of the funeral

Flexible Spending Accounts

Benefit: Payment of dependent care and healthcare expenses with pre-tax dollars.
Eligibility:  Employees regularly scheduled to work 32 hours or more per pay period.
Includes: Dependent care of up to $7,500 annually for qualifying individuals and eligible medical expense reimbursement of $130 minimum up to the annual IRS contribution limit (check with HR for annual maximum information).
Flex spending account rollover option: Up to $500 for one year
Effective: The first of the month following 30 days of employment

Health Savings Account

Benefit: Payment of healthcare expenses with pre-tax dollars.
Eligibility:  Employees regularly scheduled to work 40 hours or more per pay period and have enrolled in the $3,500 deductible health insurance plan.
Includes: Eligible medical expense reimbursement of $130 minimum up to the annual IRS contribution limit (check with HR for annual maximum information).
Effective: The first of the month following 30 days of employment

Identity Theft Protection

Benefit: Supplemental identity theft coverage
Eligibility: Employees regularly scheduled to work 40 hours per pay period
Effective: First of the month following 30 days of employment

Employee pays 100%

Tuition Assistance

Benefit: Tuition assistance, up to $2,000 per fiscal year for approved courses offered by an accredited educational institution or recognized certification program
Eligibility:  Employees who have been employed for a minimum of one year and regularly scheduled to work 32 hours per pay period prior to the last six months