Page 11 - 2016 Enrollment
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Zydus Pharmaceuticals (USA) Inc.
Disability Coverage and Additional Beneits
Short Term Disability (STD) Dependent Care FSA
You are covered for a short term disability beneit through the State Zydus offers a dependent care
of New Jersey if you work in New Jersey. lexible spending account program
administered by UHC. This account
If you do not work in New Jersey, Zydus provides an STD beneit allows you to set aside pre-tax money
for you at no cost through The Hartford. to cover the costs of dependent child
care. You may contribute up to $5,000
Long Term Disability (LTD) to this account depending on your
Long term disability protects your income by providing you with a personal tax situation. Please consult a
percentage of your income while you are disabled. Zydus provides an inancial advisor for more information
LTD beneit at no cost to you. In the event of an illness or accident on how the DCFSA can save you
that requires a lengthy recovery, you may be eligible for a tax-free valuable tax dollars by lowering your
beneit equal to 60 percent of your monthly salary, up to a maximum taxable income.
of $6,000 per month.
Employee Assistance
Buy-Up Long Term Disability Program
Additional long term disability coverage is available to employees Zydus provides an employee assistance
earning more than $120,000 base pay annually. program offered through Personal
Assistance Services (PAS). At no cost
This buy-up LTD coverage is completely voluntary and 100 percent to you, conidential consultation and
employee-paid. If eligible, you will receive a tax-free beneit equal resources for such topics as stress,
to 60 percent of your current monthly earnings up to $10,000 per parenting, inances, and substance
month. The semi-monthy cost of the buy-up LTD coverage equates abuse are available to you and your
to $0.07 per $100 of covered monthly earnings. Please see HR if you dependents. Counselors are available
have additional questions regarding the buy-up LTD Program. 24 hours a day, 7 days a week.
Please visit www.paseap.com or call
800.356.0845 for more information or
assistance.
11
Disability Coverage and Additional Beneits
Short Term Disability (STD) Dependent Care FSA
You are covered for a short term disability beneit through the State Zydus offers a dependent care
of New Jersey if you work in New Jersey. lexible spending account program
administered by UHC. This account
If you do not work in New Jersey, Zydus provides an STD beneit allows you to set aside pre-tax money
for you at no cost through The Hartford. to cover the costs of dependent child
care. You may contribute up to $5,000
Long Term Disability (LTD) to this account depending on your
Long term disability protects your income by providing you with a personal tax situation. Please consult a
percentage of your income while you are disabled. Zydus provides an inancial advisor for more information
LTD beneit at no cost to you. In the event of an illness or accident on how the DCFSA can save you
that requires a lengthy recovery, you may be eligible for a tax-free valuable tax dollars by lowering your
beneit equal to 60 percent of your monthly salary, up to a maximum taxable income.
of $6,000 per month.
Employee Assistance
Buy-Up Long Term Disability Program
Additional long term disability coverage is available to employees Zydus provides an employee assistance
earning more than $120,000 base pay annually. program offered through Personal
Assistance Services (PAS). At no cost
This buy-up LTD coverage is completely voluntary and 100 percent to you, conidential consultation and
employee-paid. If eligible, you will receive a tax-free beneit equal resources for such topics as stress,
to 60 percent of your current monthly earnings up to $10,000 per parenting, inances, and substance
month. The semi-monthy cost of the buy-up LTD coverage equates abuse are available to you and your
to $0.07 per $100 of covered monthly earnings. Please see HR if you dependents. Counselors are available
have additional questions regarding the buy-up LTD Program. 24 hours a day, 7 days a week.
Please visit www.paseap.com or call
800.356.0845 for more information or
assistance.
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