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MEDICAL
Your options under a comprehensive health
insurance plan include a Preferred Provider Option (PPO) underwritten
by UniCare Life and Health Insurance Company. This arrangement eliminates
gatekeepers and primary care physicians as well as any requirement for
referrals required under EPO and HMO arrangements, providing our employees
with unrestricted, self-directed access to the healthcare they need through
providers of their choice. There is a per office visit co-payment of $25 for
in network providers and $35 for in network specialists. Annual deductibles
range from zero under the Preferred Option Plan (POP) to $100 in and $500 out
of network under the High Option Plan (HOP). Prescription drug coverage is
provided under both plans with co-payments of $10/$15/$20. There is also
a per-hospitalization deductible of $100 under the POP and $250 under the HOP.
The primary difference between these two plan options is that the POP is
designed for employees electing to exclusively use in-network providers and
the HOP is designed to provide an employee with the flexibility to utilize
both in and out of network providers.
DENTAL AND VISION
You are eligible for coverage under a
comprehensive dental and vision plan provided through Reliance
Standard Life Insurance Company through their alliance with Ameritis
and VSP. Under the dental plan, coverage is provided for preventive
services at 100% with no deductible; basic services at 80%; and
major services at 50% after an annual deductible of $50 ($150 family).
Orthodontia (Adult and Child) is covered at 50% with a lifetime maximum
of $1,500. Under the Vision plan, lenses, frames and exams, and medically
necessary contact lenses are covered at 100% if purchased through a
network provider. Elective contact lenses covered to a maximum of $105.
Exams paid at 100% after $10 co-pay. Payment for exams, lenses, and
frames are limited to one every 12 months. Your contribution for
Dental and Vision Insurance is included in the per pay period deductions
for Health and Prescription Insurance.
LIFE AND ACCIDENTAL DEATH & DISABILITY
INSURANCE
GeoLogics provides, at no cost to you,
group life insurance coverage equal to two-times your annual salary
up to a maximum of $500,000. In addition, you may buy, through
after-tax payroll deductions, voluntary additional term insurance
in $10,000 increments for
yourself and your spouse, and up to $10,000 for dependent child(ren);
the first $50,000 in employee coverage does not require evidence of
good health if purchased within 30 days of employment. AD&D
insurance covers either 100% or 50% of the Group Life Insurance
amount, depending on the loss.Coverage is provided
through Reliance Standard Life Insurance Company.
DISABILITY INCOME INSURANCE
Short Term Disability
- GeoLogics provides, at no cost to you, short-term disability at 60%
of base salary up to a maximum of $1,667 per week
(resulting in a maximum weekly benefit of $1,000).
Benefits for a covered accident or hospitalization begin on the first
day of disability. Benefits for a covered illness beginning after the
satisfaction of a 14 day waiting period. Short-term disability benefits
are subject to a maximum duration of thirteen (13) weeks. Coverage is
provided through Reliance Standard Life Insurance Company.
Long Term Disability - GeoLogics provides,
at no cost to you, Class 1 employees are covered by long-term disability
at 66% of base salary up to a maximum of $16,667 per month (resulting
in a maximum monthly benefit of $10,000). Benefits for a covered
disability begin after the satisfaction of a ninety (90) day elimination
period and can continue until the employee recovers from their disability
or reaches age 65, whichever first occurs. Coverage is provided through
Reliance Standard Life Insurance Company.
LONG TERM CARE INSURANCE
You have the option of enrolling in the
Voluntary Long Term Care Program endorsed by GeoLogics Corporation
and underwritten by the Prudential Insurance Company of America
within 45 days of employment, without providing evidence of insurability.
This valuable group program provides comprehensive benefits including
reimbursement or cash benefit payments in the event that you are unable
to perform 3 or more activities of daily living as defined in the policy.
This program with the same comprehensive benefits and group rates and
is also available to your eligible dependents and family members on a
medically underwritten basis.
FLEXIBLE SPENDING ACCOUNTS (FSA)
You may elect to have pre-tax payroll
deductions placed in a FSA to reimburse up to $5,200 in uninsured
medical and health-related expenses and up to $5,000 in child and/or
dependent day care expenses. Additionally, employee transportation
and parking expenses can also be reimbursed through the FSA.
PAID TIME OFF BANK
Employees accrue paid time off based
on their length of their GeoLogics employment. You begin accrueing
on day one of your career with GeoLogics. You can use "paid
time off" for holidays, vacation, sick days, and personal time.
New employees accrue 25 days per year. After three years you accrue
28 days, after six years you accrue 31 days, and after ten years
you accrue 35 days a year. Employees accrue paid time off based on
hours of service until they reach their length of service ceiling,
at which time accrual stops. Military leave, bereavement, and jury
duty are separate leave categories.
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RETIREMENT 401(k) PLAN
We offer a 401(k) plan. You can participate
in a qualified 401(k) plan administered by Wachovia Retirement Services.
Participants can contribute (through payroll deduction) up to the IRS
permitted maximum annual deferral on both a pre-tax and post tax basis
into funds
from a variety of financial institutions. Enrollment eligibility begins
after the first pay period. The Company provides a 401(k) match of
50% of the first 4% contributed by an eligible employee to an annual
maximum of $1,400. The vesting is based on a six year graded schedule.
To be eligible for the matching funds the employee must work a minimum of
1,000 hours and be employed on December 31 of the year in which the matching
funds were accrued.
BUSINESS TRAVEL INSURANCE
GeoLogics offers employees who are traveling on
official company business $100,000 in converge for accidental death and
dismemberment. In addition to protection against travel related
accidental death and dismemberment, you also have access to WorldNet
Assist which provides a comprehensive range of emergency assistance
services for the employee and their dependents while they are traveling
more than 100 miles from home - whether their travel is for business or
personal reasons. Services provided by the WorldNet Assist Program
include: Locating medical care; Medical insurance assistance; Emergency
evacuation; Medically necessary repatriation; Transportation for family
member/friend; Repatriation of remains; Hotel convalescence arrangements;
Prescription drug assistance; Vehicle return. Coverage is provided
through Reliance Standard Life Insurance Company.
EMPLOYEE ASSISTANCE PROGRAM (EAP)
Class 1 employees are enrolled in a
comprehensive EAP designed to assist each them with balancing work and
life issues ranging from financial, legal, employment, dependent,
daycare, eldercare, medical and psychological to wellness.
Access to the EAP is provided for the employee, their dependents and
members of their household. Administered by Horizon Health and Horizon Care
Services.
FAMILY ADOPTION POLICY
GeoLogics offers you up to $3,000 tax-free
reimbursement of qualified adoption expenses and an additional
40 hours of paid time off.
CREDIT UNION
Membership in the State Department Federal
Credit Union with convenient web-based banking and insured savings
plans is available to all GeoLogics employees worldwide.
PAYROLL DIRECT DEPOSIT
You may elect to have direct deposit to the
bank(s) or credit union(s) of your choice.
EXPENSE REIMBURSEMENT DIRECT DEPOSIT
You may elect to have direct deposit of
of expense reimbursement to the bank(s) or credit union(s) of your choice.
STATUTORY BENEFITS
Statutory Unemployment Insurance, Workmen's
Compensation Insurance, and matching Social Security and Medicare
payroll tax deductions
WEB ENABLED EMPLOYEE BENEFIT INFORMATION
As a national organization with employees
located throughout the United States and abroad, our employees and
their dependents may have a need for human resource and benefit
information at times when our professional human resource staff may
not be available to assist them. To ensure exceptional service for
every employee regardless of their location or time of their need,
we provide a secure, interactive, self-service web portal for all
of our fully and partially benefited employees and their dependents.
This resource provides access to employee specific information as well
as comprehensive human resource and benefit information, forms, s
ummary plan descriptions. It also provides a vehicle for our employees
to enroll, change, price, review their compensation and benefits, as
well as update their address, etc. all of those functions most
frequently required by our employees. Additionally, links are
provided that allow our employees to access their 401(k) and FSA accounts
in order to view their current plan activity and balances.
BENEFIT COSTS
Class 1 employees contribute
approximately 10% of the cost of their individual medical, RX, dental,
vision and EAP coverage and 40% of the cost of providing coverage
for any eligible dependents. Employee contributions for medical,
RX, dental, vision and EAP coverage are made on a pre-tax basis
which results in an average savings of 25% vs. contributions made
on an after tax basis. While we encourage participation in the valuable
voluntary benefit plans which are available to our employees, participation
in any of these plans is at the sole discretion of the employee.
The cost of any voluntary benefit plan(s) in which an employee
enrolls are the responsibility of the employee.
This summary is offered as a highlight
of our benefit programs. It is not intended to be a complete description
of any plan. The composition and cost of this benefit program
is subject to change without prior notice. Nothing in this benefits
summary is intended to create an express or implied contract of
employment or warrant of any benefits.
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