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Agenda - 06-17-1987
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Agenda - 06-17-1987
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Last modified
10/18/2016 11:11:03 AM
Creation date
9/29/2016 2:52:26 PM
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BOCC
Date
6/17/1987
Meeting Type
Budget Sessions
Document Type
Agenda
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FIXED BENEFITS <br /> The County provides a "core" set of benefits for the employee's pro- <br /> tection. These are "Fixed Benefits" which do not lend themselves to a <br /> choice. These benefits are as follows: <br /> -NC Local Government Employees' Retirement System <br /> -NC Local Government Employees' Death Benefit <br /> -Life Insurance' <br /> -Accidental Death and Dismemberment Insurance <br /> -Sick Leave <br /> -Annual Leave <br /> -Workers' Compensation <br /> -Unemployment Compensation <br /> -Social Security <br /> -Holidays <br /> FLEXIBLE BENEFITS <br /> The flexible benefits allow the employee to make a choice. County paid <br /> benefits are given a credit value which allows employees to select <br /> benefits to meet their needs. The flexible credit value is the employ- <br /> ees to spend as they wish. The choice is theirs. <br /> An added feature of the Cafeteria Plan is the Flexible Compensation <br /> Program which permits employees to pay for certain benefits with pre- <br /> tax salary dollars. <br /> The "Flexible Benefits" are as follows: <br /> Health Insurance <br /> Employees will have a choice in health care providers to meet their <br /> health care needs. In addition, the employee may choose to have medi- <br /> cal coverage somewhere else and apply the credit value, once a year, to <br /> another flexible benefit or savings option or receive it in taxable <br /> cash. Recognizing that it is unsafe to go without medical insurance <br /> coverage, the County will require the employee to provide a signed <br /> statement of insurance coverage elsewhere and a copy of the insurance <br /> identification card before this option can be exercised. <br /> The proposed health care providers for the first Program year are: Blue <br /> Cross Blue Shield (Traditional and PCP) ; Health America; and Central <br /> Carolina Physicians Health Plan. <br /> Short Term Disability Insurance <br /> This will be offered as an optional benefit. <br /> Dental Insurance <br /> This is offered as an optional benefit. <br /> Longevity Pay <br /> Longevity Pay rewards employees for faithful service on a yearly basis. <br /> An employee is eligible for a longevity payment after completing fif- <br /> teen years of service. <br /> The employee may choose to receive their longevity pay as a taxable <br />
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