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Transcript
PAGE 1
Pilot Corporation of America prides itself on being a leading manufacturer and marketer of quality writing
instruments in the United States. Our spirit of innovation has always focused on serving consumer’s writing needs
and making writing a pleasure.
BENEFIT ELIGIBILITY
We offer a comprehensive benefits package to all full-time employees. Most benefits are effective 30 days
following date of employment.
MEDICAL INSURANCE
A POS Plan providing benefits on both an in and out-of-network basis, is available through United Healthcare.
The Company pays the majority of the premium. The employee pre-tax bi-weekly cost is shown below:
Employee Contribution
Employee
Single
Employee
& Child
Employee
& Spouse
Family
$70.00
$141.90
$157.58
$252.44
DENTAL INSURANCE
Our Dental PPO Plan provides 80% of minor and 60% reimbursement of major expenses and is available through
CIGNA. The employee pre-tax bi-weekly cost for this plan is:
Employee
Single
Employee Contribution
Employee
& Child
$4.94
Employee
& Spouse
Family
$9.88
$14.32
$8.86
VISION INSURANCE
Our Vision Plan provides reimbursement of eyeglass and contact lense expenses and is available through
Advantica. The employee pre-tax bi-weekly cost for this plan is:
Employee Contribution
Employee
Single
Employee
Plus One
Family
$2.67
$5.35
$8.94
GROUP LIFE INSURANCE
If you die while insured for this benefit, your
beneficiary will receive an amount equal to 2x your
annual base pay rounded up to the next thousand.
The maximum benefit is $500,000.
The company pays 100% of the cost
for this benefit.
S U P P L E M E N T A L L I F E I N S.
This plan provides a benefit in addition to the company
paid life insurance and may be purchased in increments of
1, 2, 3 or 4 times your base salary. The maximum
insurance available is $500,000. Premiums for this
program are based on age, salary, and the increment of
insurance selected.
PAGE 2
ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE
If your death is the result of an accident, in addition to the company paid life insurance benefit, your beneficiary
will receive an amount equal to 2x your annual base pay rounded up to the next thousand. The maximum benefit
is $500,000. For accidental dismemberment a reimbursement schedule of benefits applies. The company pays
100% of the cost for this benefit.
SHORT-TERM DISABILITY INSURANCE
After 7 calendar days of illness, this insurance provides a benefit equal to 60% of your weekly
earnings if you become wholly and continuously disabled from an accident or illness unrelated
to employment. The maximum benefit is $900 per week, and the maximum benefit period is
26 weeks. The bi-weekly after-tax premium for this is $.30 per $10 of coverage.
FLEXIBLE SPENDING ACCOUNT
Flexible spending accounts for non-reimbursed health care and/or dependent day care
Expenses are available.
Contributions to these accounts are pre-tax. The minimum and maximum contributions are noted below.
Account Type
Health Care Account
Dependent Care Account
Minimum Annual
Contribution
Maximum Annual
Contribution
$100
$100
$1,000
$5,000
4 0 1 (k) P L A N
The Company provides a 3% bi-weekly 401(k) contribution beginning on the first day of the calendar
quarter, following date of hire. Contributions are immediately 100% vested. Additionally, the 401(k)
Plan is available for employee pre-tax contributions of up to 60% within IRS limits.
VACATION
New employees accrue vacation during their first year depending on their date of hire. Employees hired between
January 1st and March 31st are eligible for one week of paid vacation. Employees hired between April 1st and
December 31st are not entitled to any vacation for the calendar year in which they are hired.
Thereafter, entitlement is as follows:
Completed Years of Service
½ year or less
Over ½ yr. but less than 4 ½ yrs.
Over 4 ½ yrs. but less than 9 ½ yrs.
Over 9 ½ yrs.
Paid Vacation
1 week
2 weeks
3 weeks
4 weeks
Under certain situations, such as business necessity, employees may be unable to use all of their vacation within
the calendar year. Accordingly, a maximum of two weeks of vacation time may be carried the following year.
Carried over vacation not used by April 30 of the following year will be forfeited.
PAGE 3
PAID HOLIDAYS
The Company observes 11 paid holidays throughout the calendar year.
EDUCATIONAL ASSISTANCE
Employees are eligible for tuition assistance after six months of employment for company related certificate
programs, undergraduate and graduate courses. Eligible employees are reimbursed 100% of tuition costs and
registration fees upon receipt of a "pass" mark or better. The annual maximum is $3,000.
WORKING HOURS
Working hours depend on department and are Monday through Friday, either 7:30 a.m. to 3:30 p.m. Second shift
hours are Monday through Friday, 3:30 p.m. to 11:30 p.m.