Page 6 - 2017 Benefits Enrollment Busey Pulaski
P. 6
2017 BENEFITS ENROLLMENT
Benefit Below are your 2017 contributions broken out by beneit compensation
Compensation level.
Definition Benefit Compensation < $92,500
Beneit Compensation is deined
as your total compensation. Bi-weekly Rates POS 2600 CDHP POS 5000 CDHP
$32.40
$17.88
Your compensation includes Associate only $199.66 $169.63
Associate + spouse
regular wages, overtime, bonuses, Associate + child(ren) $142.33 $115.68
commissions, group term life and Family $265.63 $223.17
long-term disability tax, incentives,
and any salary deferrals you make Benefit Compensation ≥ $92,500
to a 401(k) plan, a Section 457 Bi-weekly Rates POS 2600 CDHP POS 5000 CDHP
plan, or a Section 125 cafeteria Associate only $88.10 $73.48
plan. It does not include stock Associate + spouse $267.44 $237.05
options, non-qualiied deferred Associate + child(ren) $212.29 $185.25
compensation payouts, and Family $366.30 $323.32
moving expenses.
Please note: To make the CDHP plans more affordable for families,
Your Beneit Compensation is Busey embeds the family deductible which means as soon as one family
updated using the prior calendar member reaches the individual deductible, coinsurance will apply for that
year earnings as deined above. family member. The remaining family members would need to satisfy the
rest of the family deductible (since family deductibles are two times the
If you were hired individual deductible) for coinsurance to apply for the entire family.
January 1, 2016 or after, your
Beneit Compensation is your
base wage annualized.
6 FIRST BUSEY CORPORATION
Benefit Below are your 2017 contributions broken out by beneit compensation
Compensation level.
Definition Benefit Compensation < $92,500
Beneit Compensation is deined
as your total compensation. Bi-weekly Rates POS 2600 CDHP POS 5000 CDHP
$32.40
$17.88
Your compensation includes Associate only $199.66 $169.63
Associate + spouse
regular wages, overtime, bonuses, Associate + child(ren) $142.33 $115.68
commissions, group term life and Family $265.63 $223.17
long-term disability tax, incentives,
and any salary deferrals you make Benefit Compensation ≥ $92,500
to a 401(k) plan, a Section 457 Bi-weekly Rates POS 2600 CDHP POS 5000 CDHP
plan, or a Section 125 cafeteria Associate only $88.10 $73.48
plan. It does not include stock Associate + spouse $267.44 $237.05
options, non-qualiied deferred Associate + child(ren) $212.29 $185.25
compensation payouts, and Family $366.30 $323.32
moving expenses.
Please note: To make the CDHP plans more affordable for families,
Your Beneit Compensation is Busey embeds the family deductible which means as soon as one family
updated using the prior calendar member reaches the individual deductible, coinsurance will apply for that
year earnings as deined above. family member. The remaining family members would need to satisfy the
rest of the family deductible (since family deductibles are two times the
If you were hired individual deductible) for coinsurance to apply for the entire family.
January 1, 2016 or after, your
Beneit Compensation is your
base wage annualized.
6 FIRST BUSEY CORPORATION
