Page 11 - 2022 AEO FT HO Book CAN ENG

OPTIONAL BENEFITS

Optional Benefits Summary

Benefits-eligible Associates may choose to enrol in the following benefits. Details of each benefit can be found on
the following pages.

BENEFIT COVERAGE WHEN? WHO PAYS?
3 plans to choose from: HCSA-Opt Out:
HCSA-Opt Out no premiums
CORE: 75% reimbursement, First of the month after CORE: AEO pays
MEDICAL & DENTAL health care spending account, a 30-day waiting period 100% of the premium
INSURANCE
minimal dental coverage from date of hire
PREMIUM: AEO pays
PREMIUM: 90% reimbursement 75% of the premium;
Single, Single +1, or Family coverage available Associate pays 25%
Associate, Spouse, and Child life insurance available First of the month after OPTIONAL BENEFITS
OPTIONAL LIFE (Statement of Health required a 30-day waiting period Associate pays 100%
INSURANCE of the premium
for all Associate and Spouse applications) from date of hire
OPTIONAL Associate-only or Family coverage available First of the month after Associate pays 100%
AD&D (Due to the catastrophic nature of this coverage, a 30-day waiting period
INSURANCE no Statement of Health is required) from date of hire of the premium
Critical Illness benefits provide a lump sum payment upon
OPTIONAL diagnosis of any of the 25 specified medical conditions First of the month after
CRITICAL with no restrictions on how the funds are used a 30-day waiting period Associate pays 100%
ILLNESS of the premium
INSURANCE No Statement of Health required from date of hire
for the first $30,000 of coverage
Associates can purchase AEO stock through First of the month after AEO will match a
EMPLOYEE STOCK payroll deductions with post-tax dollars a 30-day waiting period portion of Associate
PURCHASE PLAN
AEO will match 15% on the first $100/pay from date of hire contributions

PARENTAL LEAVE AEO will top-up an Associate’s regular earnings 1 year continuous AEO
TOP-UP for the first 13 weeks of Parental Leave active FT/RPT service

TUITION AEO will reimburse
AEO will reimburse Store Managers and Home Office
REIMBURSEMENT Associates for coursework passed with a minimum B grade After 2 yrs as a SM, or 100%, up to $3000
1 year for HO service
PROGRAM per calendar year
CORPORATE GYM Discounted membership with GoodLife Fitness Clubs Associate pays
MEMBERSHIP for Associates & eligible dependents 31 days from hire premiums to
DISCOUNT GoodLife directly

AEO’S ASSOCIATE AEO provides several options to help you participate
GIVING PROGRAMS or donate to your favourite non-profits Upon hire Variable

AEO matches
GROUP RRSP: Associates can enjoy immediate tax savings by having First of the month after 100% of the first 3% and
REGISTERED up to 10% of their pay transferred into a group RRSP 25% of the next 3%;
RETIREMENT a 30-day waiting period Associates eligible for
SAVINGS PLAN Associates eligible for the match after 1 year of service from date of hire the match contribution
after 1 year of service

FULL TIME AND REGULAR PART-TIME BENEFITS — OPTIONAL BENEFITS 9

2022 AEO FT HO Book CAN ENG 3.indd 9 2/13/22 9:10 AM