FLEXIBLE BENEFITS

All benefits are effective on the first day of service; coordination of benefits with any alternate coverage currently in effect; eligibility includes spouse and children to age 19 (23 if FT student).  Yearly option to change plans during Open Enrollment period.
 

A. Health and Hospitalization Insurance:
 

1. Preferred Provider Organization (PPO) Option:  “Central Bucks Choice” self-insured plan.  In-network benefit includes $15 PCP co-pay and wellness care.  Out-of-network benefits have surgical and hospitalization co-pays

2. HMO Option:  Aetna Citizen 5 plan.  Mandatory use of network physician and facilities – no out-of-network benefits available.  Benefits include $5 PCP co-pay, wellness and eye care

B. Dental Insurance:   Delta Dental of Pennsylvania.  $2,000 per year maximum benefit.

C. Prescription Drug:    $10 generic/$20 preferred brand/$35 non-preferred brand deductible per prescription; limited to cost of generic equivalent if one exists

D. Life Insurance:  Based on 2 times employee’s annual salary rate.  Double coverage for accidental death.  Optional $50,000 supplemental coverage available.

E. Short Term Disability (income protection) Provides 2/3 of weekly salary for a maximum of 52 weeks

F.  Long Term Disability:  Optional program funded through payroll deductions; premium based on age and salary.  Provides 60% of weekly salary until age 65.

G.  Flexible Spending Accounts  (Section 125 Plan)  Optional, tax-free accounts, funded via payroll deductions, may be established for:

a. Medical expenses ($2,000/year maximum)
b. Dependent Care ($5,000/year maximum)

RETIREMENT

• Public School Employees’ Retirement System (PSERS)
• 7.5% mandatory payroll deduction from gross pay; district and state also contribute to fund the system
• 403b (supplemental) plans available via payroll reduction

MISCELLEANOUS

• BEACON – Bucks Employee Assistance Consortium.  Available (at no cost) to all employees and their dependents.  24-hour helpline available.
• Generous Holiday/Vacation/Sick Leave/ plan
• Tuition Reimbursement for courses related to present assignment or future development.
• Membership fees paid for approved professional organizations.

* benefits package described is effective as of 7/1/2007.