This is an example of an Employee Benefits Covenant for a Joint Venture that leases employees from the parent entities to the joint venture.
Alabama Employee Benefits Covenant
Category:
State:
Multi-State
Control #:
US-P2104-5AM
Format:
Word;
PDF;
Rich Text
Instant download
Description
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How to fill out Employee Benefits Covenant?
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FAQ
Tier 1 members are eligible for retirement benefits at age 60 with at least 10 years of service. If you have 25 years of service, you can retire at any age and apply for full retirement benefits from RSA. Tier 2 members are eligible for retirement benefits at age 62 with at least 10 years of service.
ERS provides retirement benefits to state employees, state police, and, on an elective basis, to qualified persons of cities, towns, and quasi-public organizations.
Tuition & Financial Aid All employees of the Alabama State Employees Association receive a 10% tuition scholarship to any of the degree programs listed in the above links.
Low Cost Insurance Blue Cross/Blue Shield Health (Single/Family Coverage) Optional Dental (Single/Family Coverage) Optional Health and Supplemental Insurance Coverage. Optional Cancer Policy. Discounted Vision Care Program. Flexible Benefits Program (pre-tax dollars for qualified Medical Expense and Dependent Care)
Educational assistance provides reimbursement to eligible full-time employees of an amount equal to 100% of the tuition costs for three (3) credit hours in the fall and spring semesters and six (6) credit hours in the summer terms at the standard on-campus, in-state graduate or undergraduate tuition rate.
The gross amount of the employee bonus is $400.00. All full-time and part-time state employees are eligible for the entire bonus amount (no proration for length of service).