2014
T a b l e o f C o n t e n t s
Core Benefits ... 3
L i f e In s ur a n c e . . . 3
A c c i de nt a l De a t h & D i s me mb e r m e n t (A D & D ) In s u r a nc e . . . 3
S h o r t - T e r m Di s a b i l i t y C ov e r a g e . . . 3
L o ng Te r m D i s a b i l i t y ( L TD ) I n s ur a n c e … … … . . . … … …… … … . 3
E m e r g e nc y Tr a v e l A s s i st a nc e … … … …… …… … . . . … … …… … … . 3
I de n ti ty T he f t P r o te c ti on …… …… …… … … …… …… . . . … … …… …… …. . . 3
E m pl oy e e A s s i s ta nc e Pr og r a m ( E A P ) … … … .. . . … … …… …… …3
Benefit Choices ... 4
M e d i c a l / P r e sc r i p ti o n C ov e r a g e . . . 4
D e n ta l C ov e r a g e . . . 5
V i s i o n C o v e r a g e …… … … …… … . . . … … …… …… …… …. 5
S up pl e m e n ta l L i f e I n s u r a n c e . . . 6
M e d i c a l S p e n d i ng A c c o u n t . . . 6
D e p e n de n t C a r e S pe nd i n g A c c o un t . . . 6
L o n g Te r m C a r e I ns u r a n c e . . . 6
B u s i n e s s Tr a v e l Me d i c a l . . . 6
Wellness Program (Highway to Wellness) ... 7
Qualified Retirement Plan ... 7
Paid Time Off ... 7
Tuition Reimbursement ... 8
Benefit Call Center ... 8
Features of the TranSystems Benefits Plan
include a comprehensive program that contains
benefit options providing the opportunity to
design your own benefits program according to
your needs.
The TranSystems Program Provides
●
Company provided Core Benefits (no cost to you)
●
Company sponsored Benefit Choices for you to select base on your
needs and the needs of your family
●
A professionally staffed employee benefit service center
C O R E B E N E F I T S
Core Benefits are provided by TranSystems to all eligible employees. You are automatically enrolled in these benefits at no cost to you.
Life Insurance
● Provides 1 times salary up to a maximum benefit of $300,000
Accidental Death & Dismemberment (AD&D) Insurance
● Provides 1 times salary up to a maximum benefit of $300,000
Short-Term Disability Coverage
● Benefit begins on the 15th calendar day of disability
● Days 15-60 – 100% of pay – No maximum weekly benefit
● Days 61-90 – 80% of pay – Maximum $1000 weekly benefit
Long-Term Disability Coverage
• 60% monthly benefit up to $10,0000 maximum monthly benefit • Benefit begins after 90 days of disability
Emergency Travel Assistance
● Covers medical emergencies while you are more than 100 miles away from home-business or personal travel.
• Pre-qualified, English-speaking doctors, hospitals, pharmacies and dentists anywhere in the world
Identity Theft Protection
• 24/7 telephone support and step-by-step guidance by anti-fraud experts.
B E N E F I T C H O I C E S
The TranSystems Benefits Plan is designed to acknowledge that our workforce is indeed diverse. Our program’s flexibility recognizes this diversity and encourages each of you to design your own benefits plan based on your individual needs.
Your Benefit Choices include:
● Medical / Prescription Coverage – 4 Options
● Dental Coverage
● Vision Coverage
● Supplemental Life Insurance
● Medical Spending Account
● Dependent Care Spending Account
● Health Savings Account
● Wellness “Highway to Wellness”
Medical / Prescription Coverage
TranSystems uses BlueCross and BlueShield of Kansas City and the nationwide BlueCard® PPO provider
networks for all four medical plan options. Call your doctor and ask if they are a BlueCard® PPO provider or
you can locate a participating PPO provider, by calling the BlueCard® doctor and hospital information line at
1-800-810-BLUE (2583).
The PPO Options
– The program offers three Traditional Preferred Provider Organization (PPO) plan choices: $500, $1,000, and a $1,500 deductible plan. Under all options, medical services and benefits are paid at higher levels when you use participating providers. At the same time, the PPO options give you the freedom to utilize the services of any Out-Of-Network provider by paying higher deductibles and coinsurance.The BlueSaver Option
– The BlueSaver option is a qualified high deductible plan. This plan allows you to elect a Health Savings Account to fund the medical expenses tax free. All expenses go towards the $2,500 deductible with this plan. There are no office visit copays. If you choose to elect the Health Savings Account along with the plan, then you can roll over your funds year to year in the account to help assist with the costs associated with the plan, premiums for qualified plans, or investment options.Important Responsibility – When Using In-Network Providers
None of the Company plans require you to see a pre-selected Primary Care Physician or obtain a referral for specialty, hospital, laboratory services, or other provider’s care. You choose your doctors, specialists, hospitals and laboratories from the network whenever or wherever you need care. With this freedom comes an important responsibility; you must make sure you are receiving care from network providers in order for your expenses to be reimbursed at the in-network level. It is necessary to confirm with your provider and the network that the provider belongs to the network before services are rendered.
Eligible Dependents
Dental Coverage
Our Benefits Plan provides a dental plan administered by Delta Dental of Missouri.
Under the dental program, you and your family may use the licensed dentist or dental practice of your choice. Our dental program includes Orthodontia coverage for children paid at 50% (In-Network) and 50% of Reasonable and Customary (Out-of-Network) up to a Lifetime maximum of $1,500. All other services received through an In-Network Provider are paid at a higher co-insurance level and higher maximum annual amount.
Enhancements “Healthy Smiles, Healthy Lives”
TranSystems offers additional dental benefits through their plan. “High risk” members receive 2 additional cleanings per year, implant coverage includes bone grafts, and there is an enhanced sealant benefit to cover all ages every three years covered at 100%.
Vision Coverage
Supplemental Life Insurance
TranSystems provides Life Insurance as a Core Benefit to all eligible employees. This Core coverage is provided at no cost to you.
You also have the opportunity to purchase Supplemental Life Insurance for yourself, your spouse, and
dependent children. Your cost for this coverage is based on the amount you elect and your age. You can elect up to 5 times your earnings or $500,000.
Medical Flexible Spending Account (F.S.A)
● A pre-tax account funded through salary reduction used to receive pre-tax reimbursement for medically necessary out-of-pocket expenses.
● Plan Year will run from January 1 through December 31
● Plan carries a $2,500 Plan Year maximum.
● Program provides a carryover of up to $500 of unused funds to the following year.
● Eligible Expenses include (but are not limited to):
● Plan deductibles, co-pays and co-insurance amounts
● Dental and Orthodontic expenses
● Vision Care Expenses
Dependent Care Spending Account
● A pre-tax account funded through salary reduction used to receive pre-taxreimbursement for child and adult daycare expenses.
● Plan Year will run from January 1 through December 31
● Plan carries a $5,000 calendar year maximum.
● You must be using daycare services so that you and your spouse can work.
● Your provider of care must provide you with either his/her Social Security Number or Tax Identification Number.
● Program carries a “Use It or Lose It” provision-so plan carefully.
● Eligible expense generally include:
● Day care for children up to kindergarten
● Pre-school and after-school day care to age 13
● Non-residential summer camps to age 13
● Elder care expenses provided in your home
● Adult day care expense (non-residential)
Long Term Care Insurance
Policy will pay for long term care expenses for covered individuals who are unable to perform two of six Activities of Daily Living or who suffer from cognitive impairment. This plan is portable if you leave TranSystems.
H i g h w a y t o W e l l n e s s
TranSystems offers a comprehensive wellness program to all employees called “Highway to Wellness”. The program gives employees several tools to help get them set up on the right track to keeping a healthy lifestyle. TranSystems also gives employees the opportunity to qualify for an insurance premium savings if they participate in the program.
Qualified Retirement Plan
401(k) Plan & 401(k) Catch-Up
Employees may contribute up to 75% of base pay to a qualified Fidelity 401(k) plan through TranSystems. Fidelity offers a variety of investment options, including a 401(k) Roth. The plan allows up to two loans at any time and participants may increase or decrease their salary deferral percentage at the beginning of any payroll period.
Matching on the Qualified Retirement Plan
Employer contributions will be in the form of an Employee Stock Ownership Fund or ESOF. TranSystems contributions to the ESOF are based on a percentage of the employee deferral contributions into the 401(k).
Paid Time Off
Sick Leave Pay
Eligible employees accrue 1.85 hours per week, 80-hour maximum carryover per accrual year. Full-time, non-exempt employees scheduled 30 - 39 hours per week accumulate a proportionate share of Sick Leave hours.
Annual Leave
Annual Leave accrual is based on years of service or position:
0-5 years………accrue 1.85 hours per week 5-10 years or Assoc or Sr Assoc………accrue 2.31 hours per week 10 years+ or Principal/CEO/CFO………....accrue 3.08 hours per week
Full-time employees scheduled 30-39 hours per week accumulate a proportionate share of Annual Leave hours.
Paid Holidays
Tuition Reimbursement
TranSystems will reimburse all or a portion of tuition for approved and completed graduate and undergraduate coursework, classes, and seminars. Coursework must be relevant to an employee’s position and projected career development.
B e n e f i t c a l l C e n t e r
Always your first place to call with your benefit questions!
Our program also provides access to TransSystems Benefit Call Center to provide you with benefits information on demand.
When To Call Your Benefit Call Center
● For all general information or inquiries about your Benefits Plan and the benefit options available to you.
● As a newly eligible employee when you first become eligible for the Benefits Plan.
● During Open Enrollment to make new Plan Year benefit elections.
● When you experience a Life Event and need to adjust your benefit coverage.
● General questions on any of your Core or Choice Benefits.
