First American Payment Systems

MEDICAL/DENTAL/VISION

SHORT TERM AND LONG TERM DISABILITY

LIFE AND AD&D INSURANCE
ELIGIBILITY:
Effective first day of the month following 90 days of regular, full-time employment.
COST:
Associate’s coverage provided at no cost to associate at the Value PPO level.
COVERAGE OPTIONS:

Medical: Value PPO, Basic PPO or High PPO; Prescription card included
Dental: Passive PPO (No Provider Directory)
Vision: Network Plan
Life/AD&D Insurance: $50,000

401(K) PLAN

ELIGIBILITY:
Effective the first month of the quarter following 90 days of regular, full
time employment. Minimum age 21 years.
ASSOCIATE CONTRIBUTIONS:
Between 1% & 100% of associate’s pay not to exceed government limits.
EMPLOYER MATCH:
Employer matches 50% on the first 6% of associate contributions.
VESTING:
For company contributions: 50% after 2 years, 75% after 3 years, and 100% after 4 years.

INCENTIVE PLAN

ELIGIBILITY:
After 6 months of continuous regular, full time employment, vacation accrues on employment anniversary date.
POTENTIAL:
The potential incentive plan bonus amount is based on annual performance on individual and company performance goals, salary grade, and full months of service during the plan year.

VACATION PLAN

ELIGIBILITY:
After 6 months of continuous regular, full time employment, vacation accrues on employment anniversary date.
TIME EARNED:
5 days for 6 months of service; 5 days for 1 year of service; 2 weeks for 2-4 years of service: 3 weeks for 5-8 years of service; 4 weeks for 8 or more years of service. Vacation time may not be carried over into the succeeding year based on anniversary date.

SICK LEAVE

ELIGIBILITY:
Associates with three full calendar months of regular, full-time employment.
BENEFIT:
Earned at the rate of 4 hours for each full month of employment. The maximum sick time that may be carried over into the next year is 6 days (48 hours). Each December 31st, if an associate’s sick leave bank has more than 10 days (80 hours) of accrued time but unused sick time, the remaining accrued but unused balance will be transferred to a Supplemental Sick Time account for the associate. Supplemental sick time is restricted sick time for use in any medical situation allowed under the Family and Medical Leave Act.

PERSONAL HOLIDAY

ELIGIBILITY:
One Personal Holiday will be granted after six months of regular full-time employment to be used in the current calendar year.
BENEFIT:
Associates earn two “floating” personal holidays per calendar year that must be used during that year.

HOLIDAYS

ELIGIBILITY:
Immediately upon regular, full time employment.
EXCEPTION:
Depending upon business needs, some departments may be required to work on selected holidays, but associates will receive Holiday Pay benefits.
BENEFIT:

Associates are paid eight straight-time hours for these holidays:
New Years’ Day
Memorial Day
Independence Day
Labor Day
Thanksgiving Day
Friday after Thanksgiving
Christmas Day
Christmas Eve or the Day After Christmas

PARKING

ELIGIBILITY:
Immediately upon employment.
BENEFIT:
Parking in a surface lot is provided at no cost to associate.

HEALTH CLUB REIMBURSEMENT

ELIGIBILITY:
Immediately upon regular, full time employment.
BENEFIT:
Associates will be reimbursed for 50% of the monthly cost of membership dues to a Health Club or nutritional program up to $20 per month. The associate must provide the expense report within 30 days of the month for which the bill is provided.

CAFETERIA PLAN

ELIGIBILITY:
Effective first day of the month following 90 days of regular, full-time employment.
DEFERRALS:
An associate may elect to have a pre-tax payroll deduction deferred into a Flexible Spending Accounts up to an annual maximum of $1,500 for the Health Care Expenses and $2,500 or $5,000 for the Dependent Care Expenses

EDUCATIONAL ASSISTANCE

ELIGIBILITY:
90 days of regular, full-time employment.
BENEFIT:
Associates are eligible for reimbursement of job-related training or college courses based on their final course grade at public institutions’ tuition rates. Courses subject to company pre-approval.

Information contained herein is not intended to be inclusive, nor is this a complete description of the benefits stated. Benefits and eligibility requirements are subject to change.