Page 18 - Sumitomo EE Guide 06-18.pub
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BENEFITS
VOLUNTARY BENEFITS
METLIFE| VOLUNTARY ACCIDENT
MetLife Accident insurance provides a financial cushion for life’s unexpected events. It provides you and your covered family
members a lump‐sum payment to help cover your out‐of‐pocket medical costs or your family’s everyday living expenses in case of
an accidental injury (off the job only). For covered accidental injuries, payments are made directly to you, regardless of any other
coverage. Benefits are paid according to a fixed schedule that includes medical services and over 150 different covered events,
such as: fractures; disloca ons; concussions; physical and occupa onal therapy; home modifica ons and more. For example, if you
had an emergency room visit, MetLife would pay you $100! You will also receive a $50 wellness benefit paid out each year for
ge ng your annual preventa ve exam. Please refer to the benefit summary on Paycom for a complete list of services and
treatments covered and their benefit payments.
METLIFE | VOLUNTARY CRITICAL ILLNESS
MetLife Cri cal Illness insurance can help you protect yourself, your family and your budget from the financial impact of a serious
medical condi on. You will receive a lump‐sum cash payment upon diagnosis of a covered condi on such as a Heart A ack, Stroke,
Kidney Failure and Cancer. You may elect $10,000 or $20,000 for yourself, and your spouse and child(ren) can choose an amount
up to 50% of your elec on. If you or one of your family members is diagnosed with a covered condi on, you may be eligible to
receive the en re benefit amount of $10,000 or $20,000! You will also receive a $50 wellness benefit paid out each year for ge ng
your annual preventa ve exam. Please refer to the benefit summary on Paycom for a complete list of covered condi ons.
ACCESSING YOUR VOLUNTARY BENEFITS
To view your Cer ficate or submit a claim go to www.metlife.com/mybenefits
OTHER PROGRAMS
RETIREMENT PLANNING
VOYA | 401(K)
You are encouraged to par cipate in SRNA’s 401(k) plan. This plan allows you to fund for your re rement with pre‐tax dollars. You
can defer up to 100% of your annual salary to the IRS benefit maximum of $18,500. If you are 50 years old or older during the plan year,
you may contribute a catch‐up deferral.
You will be automa cally enrolled upon hire. As you par cipate in the 401(k), SRNA will match employee contribu ons with 100%
of the first 4% contributed, then 50% of the next 2% contributed (total match available is 5%). You are immediately 100% vested on
both employee deferrals and the company match. You may increase or decrease the amount you are contribu ng or stop making
contribu ons at any me.
ACCESSING YOUR 401(K)
Go to www.voyare rementplans.com
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