Page 19 - Premier EE Guide 01-20 - CA- Updated 01.03.2020
P. 19

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. For your convenience, your age-banded Voluntary Life and AD&D and premiums have been pre-
         calculated for you in Paycom.

         Medical                         Blue Shield         Blue Shield                   Blue Shield
                                         Trio HMO          Access+ HMO                     HDHP PPO
         Employee Only                     $41.46              $83.13                        $109.14
         Employee + Spouse                 $136.80             $217.19                       $240.12
         Employee + Child(ren)             $111.92             $177.70                       $196.46
         Employee + Family                $ 192.76             $306.03                       $338.35

         Dental                                United Concordia                        United Concordia
                                                    DHMO                                     DPPO


         Employee Only                               $3.43                                   $21.17
         Employee + 1 Dependent                      $10.17                                  $46.11
         Employee + Family                           $18.16                                  $69.60
         Vision                                                     EyeMed Vision
                                                                          PPO
         Employee Only                                                   $3.03
         Employee + 1 Dependent                                          $5.75
         Employee + Family                                               $8.44




         The following benefits are provided to you at no charge and are paid by PACU
         •   Basic Life and AD&D
         •   Employee Assistance Program


         The following benefit is paid by PACU, but you also have the option to pay for this benefit yourself with post-tax
         payroll contributions to receive a tax-free benefit at the time of disability:
         •   Long Term Disability




                            PACU Pays                                                 You Pay
                    Disability Benefits are TAXED                          Disability Benefits are NOT TAXED

            Employee Annual Salary            $70,000                Employee Annual Salary           $70,000

            Annual LTD Benefit                $35,000       OR       Annual LTD Benefit               $35,000
            (50% of Salary Max $6,000/Month)                         (50% of Salary Max $6,000/Month)
            Annual Taxes (assumed at 30%)     $10,500                Annual Taxes (assumed at 30%)    $0

            Final Annual LTD Claim Payment    $24,500                Final Annual LTD Claim Payment   $35,000










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