"S" Curve Corporation is proud to provide you information about the many benefits we offer our employees. Please take a moment to familiarize yourself with our "eligibility" requirements and the outstanding package of benefits we make available to you -- our most valuable asset!! Should you have any questions, please feel free to contact our Benefits Advisors at National Group Advisory Services.
BENEFITS OFFERED
MEDICAL INSURANCE TERM LIFE INSURANCE DENTAL/VISION SHORT-TERM DISABILITY
LONG-TERM DISABILITY TRAVEL ACCIDENT COVERAGE 401(K) PENSION PLAN LONG TERM CARE
VOLUNTARY/SUPPLEMENTAL COVERAGES VACATION SICK/BEREAVEMENT LEAVE TUITION REIMBURSEMENT
Eligibility: All full-time employees and their dependents are eligible for medical insurance coverage on the 1st of the month following 90 days of full-time employment. Those enrolling when first eligible will have coverage issued on a guaranteed issue basis. If you do not enroll when first eligible, you will be required to wait until our next Open Enrollment period, which is in February of each year. The only exception is if you do not enroll when first eligible due to the fact that you have other group medical coverage thru your spouse and then you subsequently lose that coverage (e.g. your spouse terminates their employment), you will be allowed a 31 day period following loss of that coverage to enroll in our plan. Enrollment after the 31 days is not allowed. There are a number of exceptions for enrollment of dependents following "Qualifying Family Events," such as birth of a newborn child, adoptions, court ordered coverage, divorce, marriage, etc. Please contact our financial advisory company, National Group Advisory Services for specific information and instructions on these enrollment option procedures.
Comprehensive medical insurance benefits are provided thru Aetna, effective March 1, 2008. We offer our employees a Point-of-Service (POS) plan. Under the POS plan, insureds have access to in-network benefits that are similar to an HMO plan, but additionally have the option to go out-of-network to see non-contracted providers. Services received from out-of-network providers are subject to higher potential out-of-pocket costs to the insured.
TERM LIFE WITH ACCIDENTAL DEATH
& DISMEMBERMENT (ad&d)
Eligibility: All full-time employees and their dependents are eligible for group term life insurance coverage on the 1st of the month following 90 days of full-time employment.
Employees are provided group term life insurance in an amount based on their position with the company. Management/Supervisory employees are provided $50,000 in basic group term life with an additional $50,000 in accidental death & dismemberment benefits. All costs are paid by the company. All other employees are provided the same coverages, but for $25,000. These coverages are insured by MetLife..
Eligibility: All full-time employees and their dependents are eligible for dental/vision insurance coverage on the 1st of the month following 90 days of full-time employment. Those enrolling when first eligible will have coverage issued on a guaranteed issue basis. IMPORTANT NOTE: If you do not enroll when first eligible, you may enroll at a later date, but benefits are SEVERELY RESTRICTED for the first year of coverage.
Dental and vision coverage is provided thru Guardian Life. Insureds may use any provider they choose.
SHORT-TERM DISABILITY INSURANCE
(STD)
Eligibility: All full-time employees are eligible for short-term disability insurance coverage on the 1st of the month following 180 days of full-time employment. Those enrolling when first eligible will have coverage issued on a guaranteed issue basis. IMPORTANT NOTE: If you do not enroll when first eligible, you may enroll at a later date, but coverage will only be issued following a stringent underwriting process and coverage could be denied.
Short-term Disability coverage is provided thru MetLife.
LONG-TERM DISABILITY INSURANCE
(LTD)
Eligibility: All full-time employees are eligible for long-term disability insurance coverage on the 1st of the month following 180 days of full-time employment. Those enrolling when first eligible will have coverage issued on a guaranteed issue basis. IMPORTANT NOTE: If you do not enroll when first eligible, you may make application at a later date, but coverage will only be issued following a stringent underwriting process and coverage could be denied.
Long-term Disability coverage is provided thru MetLife.
Eligibility: Any employee traveling away from their normal work location on company business.
All employees are automatically covered for a $250,000 death benefit should they lose their life while on company business away from their principal workplace. This does not cover employees routinely commuting to/from work.
Eligibility: Our Plan allows new participants to enter on either January 1, or July 1 of each year. Employees working of a full-time basis (1,000 hrs/year) may join the plan on the January/July 1st immediately following their completion of 6 months of full-time service.
All employees are automatically enrolled in our 401(k) plan with a 2% salary deferral level, unless you elect to waive participation. Our Plan is maintained by ING.
LONG TERM CARE INSURANCE (LTC)
Eligibility: All full-time employees are eligible to apply for long-term care insurance coverage on the 1st of the month following 180 days of full-time employment.
A variety of long-term care insurance coverages are available to employees AND their family members, including parents, thru Lincoln Benefit Life. This is available on a voluntary basis. Since we are a "Sponsoring Employer" premiums are discounted 15% from the normal premiums for anyone purchasing such coverage. For your convenience, this can be payroll deducted while employed on a full-time basis and coverage is portable should you leave our company. You will also maintain the discounted premium rates.
VOLUNTARY/SUPPLEMENTAL INSURANCE COVERAGES
Eligibility: All full-time employees are eligible to apply for a variety of voluntary/supplemental insurance coverages on the 1st of the month following 180 days of full-time employment.
We provide our employees access to a wide variety of voluntary/supplemental coverages which are offered at significantly reduced rates from those available on an individual basis. Additionally, these coverages are often offered on a simplified underwriting basis, making it much easier for more people to qualify for coverage.
Eligibility: All full-time employees are eligible to begin accruing vacation on the 1st of the month following 90 days of full-time employment. Vacation will accrue from the date of hire.
All full-time employees accrue vacation at the rate of 1 day each month, a total of 12 days/year for their first 3 years service. After 3 years, employees accrue vacation at the rate of 1.5 days each month, or a total of 18 days/year for years 4-10. After 10 years service, employees accrue 2 days each month, a total of 24 days/year. Vacation time can only be taken after your initial 90 day probationary period.
Eligibility: All full-time employees are eligible for sick leave/bereavement leave on the 1st of the month following 90 days of full-time employment.
All employees are entitled to 5 days of sick leave each year with full pay. Bereavement Leave will be allowed for up to 3 days for the loss of an immediate family member (i.e. parent, child, grandparent). Leave for other relatives will be at the discretion of your Manager.
Eligibility: All employees are eligible for tuition reimbursement following one year of full-time employment.
All full-time employees who have worked with the company for at least one year are eligible for tuition reimbursement for any course work successfully completed leading to a degree, or professional certification. Reimbursement levels are based on the grade received, as follows: 100% for an 'A', 75% for a 'B', 50% for a 'C' and no reimbursement is made for grades below a 'C'. All courses must be approved in advance by a Department Manager.
Eligibility: All employees are automatically enrolled in our financial advisory service provided by National Group Advisory Services when first hired. This gives you immediate access to credentialed professionals to assist you with any questions you have about our benefits, transition concerns, claims problems, debt management, tax questions, etc.