Full-Time Employment Benefits |
| Medical Insurance Plan Summary |
| Contacts: |
Human Resource Manager
Liz Aragon
719.473.4460 x17
Fax: 719.473.4468
LAragon@comcor.org |
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Description: Hospitalization, Prescription Drug, Mental Health, Durable Medical Equipment, and Vision Supplements. All coverages are available with a co-payment.
Policy Period: January 1 to December 31 |
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| Dental Insurance Plan |
Description: It covers preventive maintenance at 100% of cost, basic dental work at 80 % of cost, and major dental work at 50% of cost.
Policy Period: January 1 to December 31 |
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| Life Insurance Plan |
Description: This policy is paid by ComCor and covers employees at one and one half times their salary with a $25,000 minimum. The plan also provides accidental death & dismemberment and dependent life coverage.
Policy Period: January 1 to December 31 |
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| Elective Life Insurance Plan |
Description: This policy is a supplemental life policy guaranteed for $50,000 of coverage which is for paid by the employee through a payroll deduction plan. The rates are based on a sliding scale based on age and smoking or non-smoking.
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| ComCor Retirement Plan |
Description: An account is established in each individual employee's name. Employees become vested in the plan at a rate of 25% at two years, 50% at three years, 75% at four years and 100% at five years.
Rate Structure: Gross is paid by ComCor.
Currently 5% of monthly salary for employees with over one year or 1000 hours of service.
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| Thrift Plan |
Description: This program is tax deferred retirement plan and is paid by the employee through a payroll deduction plan. ComCor then matches 100% of the employee contribution up to the first 5% of their salary. This program is designed for employees who want to make additional contributions to their retirement. This program uses the same vesting schedule as ComCor's Retirement Plan.
Rate Structure: Contributions by: Employees and ComCor
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| Tax Deferred Annuity Plan |
Description: This program is tax deferred retirement plan and is paid by the employee through a payroll deduction plan. This program is designed for employees who want to make additional contributions to their retirement.
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| Long Term Disability Plan |
Description: This plan provides coverage for individuals if they are disabled for over 90 days. It pays 60% of the individual's wages until that person is no longer disabled or reaches 65 years old. It also includes a plan to cover retirement contributions if the person is disabled.
Rate Structure: Paid by ComCor. Based on age and salary
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| Pre-Paid Legal Service |
Description: This program is paid for by the employee through a payroll deduction plan.
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| Ten paid Holidays per year |
Description: ComCor employees are eligible for an established schedule of Federal Holidays.
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| Vacation Plan |
Description: Full time staff will receive one week of vacation after six months, two weeks per year up to three years, then three weeks per year till five years and then four weeks.
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These benefits are subject to revision. Please contact HR for the latest information. |
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