Saratoga Retirement Community
Benefits Package

BENEFITS/MEDICAL

Kaiser HMO

  • Eligible first of the month following three months of service
  • Employees working over 32 hours
  • Vision
  • Standard features/benefits, prescriptions, and emergencies
  • Employer supports 80% of employee's premium
    Dependent(s) cost supported by employee at 100%
  • Low deductible for most standard features

BENEFITS/DENTAL

MetLife

  • Choose an In-Network or Out-of-Network dentist
  • Eligible first of month following three months of service
  • Employer supports 80% of employee's premium
  • Dependent(s) cost supported by employee at 100%
  • Employee working over 32 hours
  • Deductibles will apply for certain services
  • 1500K Maximum benefit

LIFE INSURANCE

  • Group term life insurance offered through Metlife
  • MetLife offers supplemental voluntary life insurance for employee, spouse and/or child(ren)
  • $15,000 for non-exempt; $30,000 for exempt
    Coverage supported by Saratoga Retirement Community
  • Eligible first of the month following three months
    of service
  • Employees working over 32 hours
  • Conversion privileges at date of termination

403(b)

  • SRC Matched 50 cents for every dollar up to 4% of gross salary
  • 100% vested after five years of employment
  • Mutual investments through Lincoln National Life
  • Multiple funds and vehicles
  • Pre-tax advantages
  • Penalty if funds are withdrawn
  • Can contribute as low as $10/pay period
  • Eligible as of date of hire
  • Must be 21 years of age to participate

COLONIAL LIFE

Colonial Supplemental Insurance offers:

  • Supplemental Life Insurance
  • Disability Insurance
  • Accident Insurance
  • Critical Illness Insurance
  • Cancer Illness

EDUCATIONAL REIMBURSEMENT

  • $500.00 Semester
  • Approved degree/certificate program
  • Fulltime employee

SECTION 105 Plan – KIPP & COMPANY

  • Eligible first of the month following date of hire
  • Full time employees
  • Reimbursement for Kaiser deductible
    $500 (individual) $1,000 (family)
  • Reimbursement for vision eyewear available up to $175 allowance every two years

EMPLOYEE ASSISTANCE PROGRAM – WELLNESS 2000

  • Available to employees who work as least 20 hours consistently per week
  • Personal counseling teams available 24/7
  • Three face to face assessments per issue
  • Issues not shared with SRC – highly confidential
  • Coverage supported by SRC