SUMMARY OF EXEMPT EMPLOYEE BENEFITS
HEALTH
INSURANCE - MEDICAL, DENTAL AND VISION
CMHA provides
health benefits coverage to regular, full-time
employees and their eligible dependents.
Medical coverage includes a prescription drug
card. Enrollment in medical coverage
automatically enrolls the employee and
dependent(s) in the dental and vision plan.
Coverage commences on the first day of the month
following employment. Coverage terminates at
12:00 Midnight on the last day of the month of
termination.
HEALTH
INSURANCE WAIVER BONUS PROGRAM
Employees
eligible for health insurance coverage may
receive an annual cash incentive, currently $500
for single and $1,000 for family, for declining
coverage through CMHA. The employee must
provide proof of coverage for the specified time
period in order to receive this bonus. In
addition, CMHA will pay $500 per year to those
employees that are eligible for the family plan
but elect to utilize single plan coverage.
Bonuses are paid out on a yearly basis based
upon the date in which the employee waived
coverage.
FLEXIBLE
SPENDING ACCOUNT
CMHA’s FSA
(Section 125 Plan) allows employees to
voluntarily convert compensation into tax-free
benefits to pay for uncovered medical and
dependent daycare expenses with pre-tax
dollars. The maximum annual employee
contributions will be determined at the
beginning of each plan year. CMHA will
contribute $400 per year to the accounts of
those employees who utilize CMHA’s single health
insurance plan or decline all CMHA health
insurance coverage.
LIFE
INSURANCE
CMHA provides
each full-time regular employee with group life
insurance coverage at no cost to the employee,
in the amount of $10,000. At age 65, the
coverage level reduces to $6,500; at age 70, the
coverage reduces to $5,000. The Life insurance
policy takes effect on the day following date of
employment. The coverage terminates at 12:00
Midnight on the last day of the month of
termination. CMHA also provides to each
full-time regular employee the option of
purchasing supplemental life and accidental
death and dismemberment insurance.
RETIREMENT PLAN
All
employees participate in the Ohio Public
Employees Retirement System (OPERS). As a
member, employees are required to make
contributions to the system through payroll
deduction. The current contribution rate for
employees is 10%, which is matched by a 13.85%
employer contribution. The employee’s
contribution is deducted on a pre-tax basis. A
statement of the retirement savings in an
employee’s account as of the previous December
31 is mailed in the first quarter of the new
year. Retirement is available at age 60 with 5
years of service, age 55 with 25 years of
service, or any age with 30 years of service.
DEFERRED
COMPENSATION
CMHA employees
can elect to participate in the Public Employees
Deferred Compensation Program to supplement
future retirement benefits. An employee can
specify a portion of his/her bi-weekly pay,
which is deferred on a pre-tax basis and
invested on his/her behalf until retirement.
Deferred pay is exempt from federal and state
income taxes until it is received back from the
Plan at the time of retirement. Employees age
forty-nine (49) and under may defer up to
$12,000 per year. Employees age fifty (50) and
over may defer up to $14,000 per year.
EMPLOYEE
ASSISTANCE PROGRAM
Confidential,
professional counseling services are available
for CMHA employees and their immediate family
members through the Public Employees Assistance
Program (PEAP). There is no cost to employees
for these services.
HOLIDAYS
There are eleven paid holidays observed at CMHA:
New Year's
Day January
1 Columbus Day
2nd Monday in October
Martin Luther King Day 3rd Monday in
January Veteran’s Day November 11
President’s Day 3rd Monday in
February Thanksgiving Day 4th Thursday
in November
Memorial Day Last Monday in
May Day after Thanksgiving 4th
Friday in November
Independence Day July 4
Christmas Day
December 25
Labor Day 1st Monday in
September
VACATION
Full-time
employees receive vacation with pay, which
accrues according to the following schedule:
Years of
Service
Days of Vacation
1 year
through 5 years 15 days
6 years
through 10 years 18 days
11 years
through 19 years 20 days
20 years or
more 25 days
Vacation credit accrues bi-weekly. Employees on
absences without pay, authorized or not, do not
accrue vacation. The vacation leave balance is
reported on each bi-weekly paycheck. Part-time
employees accrue vacation based on total hours
of service credit, which is based on the number
of hours worked. 120 hours worked equals one
month of service credit for vacation accrual.
An employee who has prior service with the state
of Ohio or any political subdivision thereof may
have the prior service counted as service with
CMHA for the purpose of computing vacation
credit provided certain conditions are met.
SICK
LEAVE
Sick leave
is accrued at the rate of twelve (12) days per
year. The sick leave balance is reported on
each bi-weekly paycheck. Employees can earn a
$250 sick leave performance incentive when the
employee uses 14 or less sick leave hours in a
six-month period. Employees shall earn a $500
sick leave performance incentive when the
employee uses 0 sick leave hours in a six-month
period. The first six-month period will begin
with pay period 1 and run through the end of pay
period 13. The second six-month period will
begin with pay period 14 and end with pay period
26.
PHAS
BONUS PROGRAM
