Page 4 - 2022_FFB Benefits Guide_Recruit

Tax Savings Accounts
All Eligible Full-time & Part-time Associates
• Limited Purpose Flexible Spending Account
• Dependent Care Flexible Spending Account 2022
• Health Savings Account
• Transportation Expense Reimbursement Account

retirement plans

Pension Plan

All Eligible Full-time, Part-time, & Limited Part-time Associates
• Funded by First Financial Bank, eligible associates receive an annual allocation – 5% of eligible annual compensation.
• Eligibility for the annual allocation is determined each year. Associates must be at least 18 years of age and have worked 1,000
hours in the calendar year to be eligible.
• Contributions are fully vested after meeting initial eligibility requirements.
401k

All Eligible Full-time, Part-time, & Limited Part-time Associates
Associates can immediately defer 1-50% of earnings on a pre-or post-tax basis up to allowable IRS maximums.

Paid Time Off (PTO)

PTO is a program that combines traditional vacation and sick days into a single bank of days or hours to be used for
any of your time off needs. PTO is accrued on the 15th and last day of each month and must be used within
the calendar year.

2022 PTO Schedule

Full-Time Associates
Years of Service PTO Days
0 – 3 22

4 – 9 26
10+ 30
Part-Time Associates
Years of Service PTO

After 6 months service 40 hours
Limited associates are not eligible for PTO.
Newly hired associates and associates who experience
a change in eligibility (i.e. full-time to part-time) will be
prorated accordingly.

Holidays

Each year FFB designates a holiday calendar outlining the days all FFB locations and banking centers are closed in observance of the
holiday. Associates regularly scheduled on the day FFB observes a holiday will be paid their regularly scheduled hours (up to 8 hours).
Up to 11 paid holidays may be observed each year.