SUMMARY OF BENEFITS FOR FULL TIME EMPLOYEES
This is a summary only. Employees should consult the current policy for full details and conditions relating to benefits.
MEDICAL INSURANCE
*Employee contributions vary according to plan chosen and number of hours regularly scheduled per week.
- United Healthcare Choice plan
- United Healthcare Choice plus plan
- United Healthcare High Deductible plan
PRESCRIPTION DRUGS
The prescription drug benefit program is included with health insurance and differs according to elected plan.
VISION
A vision benefit is part of medical insurance coverage and provides exam once every two years.
A voluntary vision product that is paid for by the employee is offered through Vision Benefits of America.
DENTAL INSURANCE – Dental Guard Network
- $50/$150 lifetime deductible
- Preventive care-100% in network, 60% out of network
- Basic Care-100% in network; 50% out of network
- $2,000 lifetime orthodontia for dependents under 19 years old in network, $1000 out of network
- $2,000 per year maximum benefit per patient
FLEXIBLE SPENDING ACCOUNTS
Employees may take advantage of an FSA for tax-free medical expenditures and certain dependent-care expenditures through payroll deduction.
LIFE INSURANCE/ACCIDENTIAL DEATH & DISMEMBERMENT
The policy provides a minimum benefit of $30, 000 or 1 times the employee’s annual salary up to $200,000. No cost to the employee.
BENEFIT TIME OFF
- Sick Time: 5 paid days per year.
- Personal Days: One day accrued January 1 st and another July 1 st: Total of 2 per year.
- Holidays: Up to 56 hours of paid holiday time chosen from 14 optional holidays per year
Vacation Time*
Years of Employment |
0-4 Years of Service |
5-9 Years of Service |
10 + Years of Service |
LEVEL I |
2 weeks |
3 weeks |
4 weeks |
|
|
|
|
LEVEL II |
3 weeks |
4 weeks |
4 weeks |
|
|
|
|
LEVEL III |
4 weeks |
4 weeks |
4 weeks |
*Vacation and Holidays for Special Education teachers are defined by the school calendar.
NOTE:Unused vacation and sick time will be carried forward to the next year. Vacation time will stop accruing when there are 160 vacation hours in the time off account until spent down.
TUITION REIMBURSEMENT
Melmark reimburses the cost of tuition up to $3,000 per year for college credit courses. Benefit is based on the number of scheduled hours of work per week and length of service. Part-time employees may qualify.
PENSION PLAN - TIAA-CREF
Eligibility Requirements – Completion of twelve consecutive months of employment with Melmark. Contributions are provided when you are employed on the last day of the plan year (December 31) and have completed 1000 hours of service between January 1-December 31.
Melmark Retirement
This plan is a no-cost employee profit-sharing plan in which the Melmark Board of Directors determines the amount of the company contribution each year, if any.
Supplemental Retirement Annuity
In this plan you may elect to set up an account to defer your own money and Melmark will match that money to a maximum of 2% of your salary, based on your compensation and elected contribution. Supplemental retirement savings can be deducted from an employee’s pay.
Please note: This is a tax sheltered savings plan and employees may begin making contributions upon hire. The Pension Plan is for retirement benefits only and does not reflect a savings plan.
SHORT TERM DISABILITY
Provides 60% of weekly earnings for up to 26 weeks for absence due to non-work related injury or illness. No cost to employee.
LONG TERM DISABILITY
Provides 60% of earnings after 26-week waiting period for disability not related to work. No cost to employee.
Other benefits
• Bereavement Leave • Discounted Meals
• Employee Referral Incentive Bonuses • Direct Deposit. Citadel Credit Union
^ Back to top
|
