Page 3 - 2017 US Benefits Highlighter - for Legacy Capgemini employees in the FS SBU
P. 3
Important Beneits Changes
for the 2017 Plan Year
Plan Carriers Flexible Spending Accounts (FSAs)
➤ ➤ All our beneit plans will remain with the same carriers, so you can ➤ ➤ To participate in a Health Care or Dependent Care FSA in the
continue to see the health care providers you know and trust. 2017 plan year, you must enroll during this enrollment period.
You may contribute up to $2,600 to the Health Care FSA and
Medical Plan up to $5,000 to the Dependent Care FSA. You have a grace
➤ ➤ You will have more choice. The FS PPO Medical Plan will be period until March 15, 2018, to incur eligible expenses for an
replaced with a similar PPO medical option with a modest increase FSA. The inal date you may submit a claim for reimbursement
in contributions. An additional comprehensive medical PPO option is March 31, 2018.
with lower employee contributions will be ofered for 2017. Life and Disability Plans
Dental Plan ➤ ➤ All Basic and Optional Life and Disability Plans will remain the
➤ ➤ You will have more choice. You will have three dental options, same for 2017.
all with Delta Dental, your current dental carrier. Retirement Benefits
➤ ➤ The current Dental Plan will be replaced by the Enhanced Dental ➤ ➤
PPO Plan. This plan provides a higher reimbursement for As of January 1, 2017, we will ofer a new 401(k) Safe Harbor
orthodontia than the current Dental Plan. The Basic Dental Plan Plan with an improved Capgemini-paid match. The Capgemini
is a lower cost option with no orthodontia beneits. The Dental matching contribution will be $1 for every $1 you contribute up
HMO (DMO) ofers comprehensive coverage but with a smaller to the irst 3% of your pay plus $0.50 for every $1 you contribute
network of providers and at a lower employee contribution. on the next 2% of your pay. Capgemini matching contributions
in the new Safe Harbor Plan will be immediately 100% vested.
Vision Plan ➤ ➤ If you currently participate in the Financial Services 401(k) Plan
➤ ➤ Your beneit for frames and lenses is improved in 2017. You will and are not vested, matching contributions will continue to vest
also see a reduction in the co-pay for frames and lenses from over three years.
$25 to $10 when you use an in-network provider. Vacation
➤ ➤ Current vision beneits are 100% employer-paid. Employees ➤ ➤
and the Company will share the cost of vision beneits 50%-50% If you were an employee of Capgemini before January 1, 2017,
in 2017. You will pay a small dollar amount per month for the you are grandfathered under the current Vacation Plan schedule.
enhanced vision beneit. Senior Managers will now receive the same carryover as Principals
➤ ➤ New: Basic vision coverage is now included in the Medical Plan. and Vice Presidents. For employees hired on or after that date,
we will ofer a new vacation beneit.
If this coverage meets your needs, you may not need to buy the
enhanced coverage provided through the Voluntary Vision Plan. Sick Days
Compare coverages in the 2017 Benefits Guide. ➤ ➤ The ive sick days provided to care for yourself and/or to care for
a sick family member will remain unchanged.
CAPGEMINI 2017 ENROLLMENT HIGHLIGHTS 2
for the 2017 Plan Year
Plan Carriers Flexible Spending Accounts (FSAs)
➤ ➤ All our beneit plans will remain with the same carriers, so you can ➤ ➤ To participate in a Health Care or Dependent Care FSA in the
continue to see the health care providers you know and trust. 2017 plan year, you must enroll during this enrollment period.
You may contribute up to $2,600 to the Health Care FSA and
Medical Plan up to $5,000 to the Dependent Care FSA. You have a grace
➤ ➤ You will have more choice. The FS PPO Medical Plan will be period until March 15, 2018, to incur eligible expenses for an
replaced with a similar PPO medical option with a modest increase FSA. The inal date you may submit a claim for reimbursement
in contributions. An additional comprehensive medical PPO option is March 31, 2018.
with lower employee contributions will be ofered for 2017. Life and Disability Plans
Dental Plan ➤ ➤ All Basic and Optional Life and Disability Plans will remain the
➤ ➤ You will have more choice. You will have three dental options, same for 2017.
all with Delta Dental, your current dental carrier. Retirement Benefits
➤ ➤ The current Dental Plan will be replaced by the Enhanced Dental ➤ ➤
PPO Plan. This plan provides a higher reimbursement for As of January 1, 2017, we will ofer a new 401(k) Safe Harbor
orthodontia than the current Dental Plan. The Basic Dental Plan Plan with an improved Capgemini-paid match. The Capgemini
is a lower cost option with no orthodontia beneits. The Dental matching contribution will be $1 for every $1 you contribute up
HMO (DMO) ofers comprehensive coverage but with a smaller to the irst 3% of your pay plus $0.50 for every $1 you contribute
network of providers and at a lower employee contribution. on the next 2% of your pay. Capgemini matching contributions
in the new Safe Harbor Plan will be immediately 100% vested.
Vision Plan ➤ ➤ If you currently participate in the Financial Services 401(k) Plan
➤ ➤ Your beneit for frames and lenses is improved in 2017. You will and are not vested, matching contributions will continue to vest
also see a reduction in the co-pay for frames and lenses from over three years.
$25 to $10 when you use an in-network provider. Vacation
➤ ➤ Current vision beneits are 100% employer-paid. Employees ➤ ➤
and the Company will share the cost of vision beneits 50%-50% If you were an employee of Capgemini before January 1, 2017,
in 2017. You will pay a small dollar amount per month for the you are grandfathered under the current Vacation Plan schedule.
enhanced vision beneit. Senior Managers will now receive the same carryover as Principals
➤ ➤ New: Basic vision coverage is now included in the Medical Plan. and Vice Presidents. For employees hired on or after that date,
we will ofer a new vacation beneit.
If this coverage meets your needs, you may not need to buy the
enhanced coverage provided through the Voluntary Vision Plan. Sick Days
Compare coverages in the 2017 Benefits Guide. ➤ ➤ The ive sick days provided to care for yourself and/or to care for
a sick family member will remain unchanged.
CAPGEMINI 2017 ENROLLMENT HIGHLIGHTS 2
