Page 7 - ECRM 2022 Benefits Guide (CA)

LIFE & FINANCIAL BENEFITS | there when you need it

Optional Life Insurance
If you want additional protection for you and your family, you can buy:

BENEFIT AVAILABLE COVERAGE
Optional Life Insurance for you Additional increments of $10,000
Maximum Optional Life Benefit 5x annual salary or $500,000 maximum benefit, $10,000 minimum
Non - Medical Issue Amount (EOI level) $100,000
Accelerated Benefit Option Up to 75% of Optional life amount not to exceed $240,000
Dependent Life Insurance for your spouse Additional Increments of $5,000
Maximum Spouse Life Benefit 50% of Employee Optional Life or $150,000
Non - Medical Issue Amount (EOI level) $30,000
Accelerated Benefit Option Up to 75% of Dependent life amount not to exceed $120,000

Dependent Life Insurance for your child(ren)*
Age 14 Days to 6 Months $250
Age 6 Months to 19 Years or 25 if FT Student $10,000
Maximum Child Life Benefit $10,000
* Dependent age 14 days to 19 or 25 years if FT student

401(k) Retirement Plan

The ECRM 401(k) Plan makes saving for retirement easy and painless. You decide:
• How much to save - from 1% to 75% of your eligible compensation
• Where to invest your savings - in any one or all of the Plan’s professionally managed funds
Best of all, you do not pay any taxes on your savings. What’s more, ECRM will make a matching
contributon to your account. The company will match 100% on the first 3% of your pretax
contributions. You will receive a plan information packet and enrollment form upon eligibility.

To be eligible you must be a full-time Associate who is at least 21 years old and has completed 3
months of employment.

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