Employee Benefits

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employee benefits

Employee Benefits Effective July 1, 2007		Current Benefits
		Class 101	Class 102	Class 103	Class 104
		FT Regular (2080 hrs/yr)	PT Regular (more than 1000 hrs/yr)	PT Regular (less than 1000 hrs/yr)	FT & PT Temporary
Holidays	10 per year.	YES	Prorated Per % FTE	NO	NO
Sick Leave	3 hrs 41 mins and 32 secs - bi-weekly	YES	Prorated	NO	NO
Annual Leave	Varies with years of service- 3 hrs 4 mins and 37 secs biweekly for first 5 years	YES	Prorated	NO	NO
Retirement - with NC Local Governmental Employees’ Retirement System	Employees contribute 6% of salary at one year of employment. Health Alliance contributes 4.86% for all	YES	YES	NO	NO
401(k) with Prudential Retirement	2.5% Health Alliance contribution with match employee contributions - begins one year of employment	YES	YES	NO	NO
Deferred Compensation Section 457 through Nationwide Solutions	Optional employee contributions	YES	YES	NO	NO
Health Insurance Blue Cross Blue Shield of North Carolina	Employee Coverage 100 % Health Alliance Paid Dependent Coverage Employee paid	YES	NO	NO	NO
Dental Insurance Guardian	Employee Paid Premiums	YES	YES	NO	NO
Life Insurance Ft. Dearborn	Employee $20,000 term paid by Health Alliance Additional term paid by employee Dependents $5000 Basic Dependent term & optional dependent - paid by employee	YES	YES	NO	NO
Section 125 Cafeteria Plan Pre-tax payments from employees’ salaries for certain expenses as allowed by the IRS Code:	Medical Reimbursement Max: $3,000	YES	NO	NO	NO
	Dependent Care Reimbursement	YES	NO	NO	NO
Tuition Reimbursement	If job-related, funding available and approved	YES	NO	NO	NO
Salary Increases	Organizational Award and Employee Performance Award	YES	YES	YES	NO
Social Security	Health Alliance contribution 6.20% of salary	YES	YES	YES	YES
Direct Deposit	Paycheck to bank of choice	YES	YES	YES	YES
Payroll Deductions Optional deductions from Bi-weekly pay:	401(k) Loan Payments	YES	YES	NO	NO
	State Employees Credit Union Membership - Full Service Banking Loans or Savings	YES	YES	NO	NO
	US Savings Bond	YES	YES	YES	NO
	United Way	YES	YES	YES	NO
	The Sports Center	YES	YES	NO*	NO
	YMCA (Concord & Kannapolis)	YES	YES	NO*	NO
	Your Gym	YES	YES	NO*	NO

(*) Eligible to join but not payroll deducted.

Approved: 04/21/98
Effective: 07/01/98
Revised: 07/01/00
Revised: 07/01/01
Revised: 07/01/02
Revised: 07/01/03
Revised: 07/01/04
Revised: 07/01/05
Revised: 07/01/06
Revised: 07/01/07