Page 6 - 2015 Benefits Guide
P. 6
Long Term Disability
Greenville Regional Hospital offers full-time and part-time beneit eligible employees a Long Term Disability plan
through Prudential AT NO COST! You do have the option of purchasing enhanced beneits under the “Buy-Up”
option through Prudential. Let Human Resources know if you have any questions.
Flexible Spending Benefit
Keep more of the money you earn! Save up to 40% or more! It works like an expense account. You automatically
set aside part of your salary (before taxes) to pay for qualiied medical expenses or child/dependent care. You
save money because you don’t pay taxes on the money you set aside. Use it to pay for daycare, medical costs that
aren’t covered by insurance. Continuing since January 1, 2011, FSAs cannot reimburse for non-prescribed over-the-
counter drugs and medicines, other than insulin. Please contact Human Resources for further details. The annual
medical maximum will be limited to $2,550. The annual dependent care maximum will be limited to $5,000.
Effective January 1, 2014 a carry over provision was added so you will be able to carry over unused amounts up to
$500. The carry over of $500 does not reduce your maximum amount of $2,550 salary reduction for the plan year.
Therefore you can carry over up to $500 and also elect to contribute up to $2,550 in 2015 for a total of $3,050.
Greenville Regional Hospital Retirement Plan
Features and Benefits of the Retirement Plan Through Principal Financial Group
z Diversiied investment selection, including target date z Convenient way to save for retirement with either
funds pre-tax or Roth after-tax deferrals
Greenville Discretionary Match
z Eligibility: 1,000 hours z 25% of the irst 8% of employee’s contribution,
capped at 2%
2015 IRS Limits
Participants may contribute 50% of the eligible pay pre-tax and/or Roth Open Enrollment
after-tax as long as the TOTAL does not exceed IRS limits. November 13 to December 18
z 2015: $18,000; if age 50+, an additional $6,000 All changes must be made by
December 18, 2014
Participant Website Offers The descriptions of the beneits are
z Enrollment, changing deferral percentages, or investment elections not guarantees of current or future
z Educational topics and retirement planning calculators employment or beneits. If there is any
conlict between this Guide and the
oficial Plan Documents, the oficial
Principal Resources documents will govern.
z Call Center: 800-547-7754
z Online: www.principal.com © 2014 Lockton, Inc. All rights reserved.
Images © 2014 Thinkstock. All rights reserved.
S\EB\CLIENTS\E-H\GRERE08\EE Comm\Enroll Guide\2015\15OE.pdf
Greenville Regional Hospital offers full-time and part-time beneit eligible employees a Long Term Disability plan
through Prudential AT NO COST! You do have the option of purchasing enhanced beneits under the “Buy-Up”
option through Prudential. Let Human Resources know if you have any questions.
Flexible Spending Benefit
Keep more of the money you earn! Save up to 40% or more! It works like an expense account. You automatically
set aside part of your salary (before taxes) to pay for qualiied medical expenses or child/dependent care. You
save money because you don’t pay taxes on the money you set aside. Use it to pay for daycare, medical costs that
aren’t covered by insurance. Continuing since January 1, 2011, FSAs cannot reimburse for non-prescribed over-the-
counter drugs and medicines, other than insulin. Please contact Human Resources for further details. The annual
medical maximum will be limited to $2,550. The annual dependent care maximum will be limited to $5,000.
Effective January 1, 2014 a carry over provision was added so you will be able to carry over unused amounts up to
$500. The carry over of $500 does not reduce your maximum amount of $2,550 salary reduction for the plan year.
Therefore you can carry over up to $500 and also elect to contribute up to $2,550 in 2015 for a total of $3,050.
Greenville Regional Hospital Retirement Plan
Features and Benefits of the Retirement Plan Through Principal Financial Group
z Diversiied investment selection, including target date z Convenient way to save for retirement with either
funds pre-tax or Roth after-tax deferrals
Greenville Discretionary Match
z Eligibility: 1,000 hours z 25% of the irst 8% of employee’s contribution,
capped at 2%
2015 IRS Limits
Participants may contribute 50% of the eligible pay pre-tax and/or Roth Open Enrollment
after-tax as long as the TOTAL does not exceed IRS limits. November 13 to December 18
z 2015: $18,000; if age 50+, an additional $6,000 All changes must be made by
December 18, 2014
Participant Website Offers The descriptions of the beneits are
z Enrollment, changing deferral percentages, or investment elections not guarantees of current or future
z Educational topics and retirement planning calculators employment or beneits. If there is any
conlict between this Guide and the
oficial Plan Documents, the oficial
Principal Resources documents will govern.
z Call Center: 800-547-7754
z Online: www.principal.com © 2014 Lockton, Inc. All rights reserved.
Images © 2014 Thinkstock. All rights reserved.
S\EB\CLIENTS\E-H\GRERE08\EE Comm\Enroll Guide\2015\15OE.pdf
