| Benefit |
When eligible |
Paid by |
Description:
Full-time staff |
Description:
Part-time staff |
| Vacation |
Completion of six months continuous employment |
Vinfen |
15 days annually; 20 days after 5 yrs (accrued monthly) |
Pro-rated benefit |
| Sick Leave |
Immediately |
Vinfen |
15 days annually (accrued monthly); 8 days per calendar year for "ordinary" sick time/ accumulated time for Leave of Absence |
Pro-rated benefit |
| Holiday |
Immediately |
Vinfen |
11 days annually as published
|
Pro-rated benefit
|
Personal Days
|
Completion of three months continuous employment |
Vinfen
|
3 days per year from July 1st (prorated first year) |
Pro-rated benefit |
| Health Insurance |
First day of month following 30 days of employment
|
Vinfen and employee (pre tax basis); 70-75% employer contribution |
Available to employees who work 30 or more hours/week |
Pro-rated premium contribution
|
| Vision Insurance |
First day of month following 30 days of employment |
Employee on a pre-tax basis |
Comprehensive Eye Plan |
Available to employees who work 30+ hours per week
|
Dental Insurance
|
First day of month following 30 days of employment |
Employee on pre tax basis |
Comprehensive Dental Plan |
Available to employees who work 30+ hours per week |
| Long Term Disability Insurance |
First day of month following 30 days of employment |
Vinfen |
Income protection for long-term illness. Pre-existing condition exclusions. |
Not eligible |
| Life/AD&D Insurance |
First day of month following 30 days of employment |
Vinfen
|
Income protection upon death or accidental dismemberment of an employee |
Not eligible |
| Tax-Deferred Annuity Plans |
Immediately |
Employee |
Savings on a pre-tax basis (governed by IRS regulations) |
Savings on a
pre-tax basis (governed by IRS regulations) |
| Commuter Benefit |
Immediately |
Employee |
Pay for transit expenses on a pre-tax basis and have T-pass mailed directly to home |
Pay for transit expenses on a pre-tax basis and have T-pass mailed directly to home |
| Healthcare and Dependent Care Spending Plans |
First day of month following 30 days of employment |
Employee |
Reimbursement of eligible healthcare and/or dependent care expenses on a pre-tax basis (governed by IRS regulations) |
Reimbursement of eligible healthcare and/or dependent care expenses on a pre-tax basis (governed by IRS regulations) |
| GlobalFit |
Immediately |
Employee |
Discount on gym memberships |
Discount on gym memberhsips |
| Credit Union Banking Program |
Immediately |
Employee |
Convenient personal savings/loan/ checking plans |
Convenient personal savings/loan/ checking plans |
| Pension Plan |
21 years of age, working minimum of 1000 hours year, and first day of month following 1 year of employment |
Vinfen |
Fully vested retirement income after 5 years of employment (no partial vesting). Current contribution rate is 3% annual salary. |
Fully vested retirement income after five years of employment (no partial vesting). Current contribution rate is 3% annual salary.
|
