Page 11 - 2020 SteinMart Benefit Guide - WEEKLY
P. 11
WELL-BEING PROGRAM
2020 Incentive
To qualify for the 2020 incentive, you must have completed the requirements before November 1, 2019. The way you
receive your incentive money depends on your plan election.
Traditional Plan Health Savings Plan
Those enrolled in the Traditional Plan will receive Those enrolled in the Health Savings Plan will
an automatic medical premium reduction on receive quarterly employer contributions into the
each paycheck. associates Health Savings Account. Deposits will
Associate Completion - An automatic medical be made on January 1, April 1, July 1 and October 1.
premium reduction of $11.54 per check. Associate Completion - Quarterly Employer HSA
Associate and Spouse Completion - An Contributions of $150.
automatic medical premium reduction of $23.08 Associate and Spouse Completion - Quarterly
per check. Employer HSA Contribution of $300.
2021 Incentive
Please keep an eye out for future communications on what needs to be completed during 2020 in order to qualify
for the incentive in 2021.
Weekly Store and Weekly Corporate Associates 9
Department Merchandise Managers For 2020 Benefits
2020 Incentive
To qualify for the 2020 incentive, you must have completed the requirements before November 1, 2019. The way you
receive your incentive money depends on your plan election.
Traditional Plan Health Savings Plan
Those enrolled in the Traditional Plan will receive Those enrolled in the Health Savings Plan will
an automatic medical premium reduction on receive quarterly employer contributions into the
each paycheck. associates Health Savings Account. Deposits will
Associate Completion - An automatic medical be made on January 1, April 1, July 1 and October 1.
premium reduction of $11.54 per check. Associate Completion - Quarterly Employer HSA
Associate and Spouse Completion - An Contributions of $150.
automatic medical premium reduction of $23.08 Associate and Spouse Completion - Quarterly
per check. Employer HSA Contribution of $300.
2021 Incentive
Please keep an eye out for future communications on what needs to be completed during 2020 in order to qualify
for the incentive in 2021.
Weekly Store and Weekly Corporate Associates 9
Department Merchandise Managers For 2020 Benefits
