Full-Time Employment Benefits |
| Medical Insurance Plan Summary |
| Contacts: |
Human Resource Coordinator
Liz Aragon
719.473.4460 x17
Fax: 719.473.4468
LAragon@comcor.org |
|
Description: Hospitalization, Prescription Drug, Mental Health, Durable Medical Equipment, and Vision Supplements. All coverages are available with a co-payment.
Policy Period: October 1 to September 30 |
| |
| 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: October 1 to September 30 |
| |
| 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: October 1 to September 30 |
| |
| 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.
|
| |
| ComCor Retirement Plan |
Description: An account is established in each individual employee's name. Employees become vested in the plan at a rate of 33% at three years, 66% at four years, and 100% at five years.
Rate Structure: Gross is paid by ComCor.
Currently 7% of monthly salary for employees with over one year or 1000 hours of service.
|
| |
| 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 3% of their salary. This program is designed for employees who want to make additional contributions to their retirement.
Rate Structure: Contributions by: Employees and ComCor
|
| |
| 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.
|
| |
| 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
|
| |
| Pre-Paid Legal Service |
Description: This program is paid for by the employee through a payroll deduction plan.
|
| |
| Ten paid Holidays per year |
Description: ComCor employees are eligible for an established schedule of Federal Holidays.
|
| |
| Vacation Plan |
Description: 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.
|
| |
These benefits are subject to revision. Please contact HR for the latest information. |
| |
