Page 17 - Volcom Benefit Summary 2018 Texas
P. 17

EMPLOYEE CONTRIBUTIONS



        This chart compares the per paycheck contributions for our employee benefit plans. Your cost for coverage will vary
        depending on the option and level of coverage you choose. Employee contributions for Medical, Dental, and Vision are
        deducted from your paycheck with pre-tax dollars. This means that contributions are taken from your earnings before taxes
        – resulting in lower taxes and increased take home pay. Contributions for domestic partner coverage are taken after-tax
        due to IRS regulations.

                                                      EMPLOYEE COST PER PAYCHECK
         MEDICAL OPTIONS
           Option 1: HSA PPO Plan               Under 5 Years          From 5 to 10 Years         Over 10 Years
                                                 Employment               Employment              Employment
              Employee Only                          $68.20                  $56.59                   $36.27
              Employee + Spouse                    $181.67                  $156.17                 $111.55
              Employee + Child(ren)                $151.42                  $129.39                   $90.85
              Employee + Family                    $294.96                 $259.74                  $198.11
           Option 2: PPO Buy-Up Plan            Under 5 Years          From 5 to 10 Years         Over 10 Years
                                                 Employment               Employment              Employment
              Employee Only                        $122.87                 $105.06                    $87.25
              Employee + Spouse                    $262.06                 $222.95                   $183.84
              Employee + Child(ren)                $233.13                 $199.34                   $165.56
              Employee + Family                    $426.83                 $372.80                   $318.77
         DENTAL OPTIONS
           Option 1: DHMO Plan
              Employee Only                                                   $2.54
              Employee + Spouse                                               $8.88
              Employee + Child(ren)                                           $9.59
              Employee + Family                                             $15.58
           Option 2: DPPO Plan
              Employee Only                                                 $13.99
              Employee + Spouse                                             $43.75
              Employee + Child(ren)                                         $51.20
              Employee + Family                                             $67.57
         VISION
              Employee Only                                                  $1.31
              Employee + 1                                                   $3.16
              Employee + 2 or More                                           $6.07
         BASIC LIFE AND AD&D / LONG TERM DISABILITY / EMPLOYEE ASSISTANCE
         PROGRAM
              Employee Only                                               No Charge
         VOLUNTARY LIFE AND AD&D / SUPPLEMENTAL BENEFITS
              Employee / Dependents                      100% of Cost. For your convenience, your voluntary
                                                         premiums have been pre-calculated for you in ADP.










                                                                                                                 17
   12   13   14   15   16   17   18   19   20