For some benefits, such as the pension plan, the Company pays the full cost. For other benefits, you and the Company share the cost or you pay the full cost of coverage.
Benefit Plan |
The Company pays the full cost of coverage |
You share the cost of coverage with the Company |
You pay the full cost of coverage |
Medical (including Prescription Drugs and Vision Care) |
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If you had at least 10 years of full-time service when you retired |
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X |
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If you had less than 10 years of full-time service when you retired |
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X |
Major Medical Medicare Supplement Plan |
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If you had at least 10 years of full-time service when you retired |
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X |
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If you had less than 10 years of full-time service when you retired |
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X |
Dental (under age 65) |
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If you had at least 10 years of full-time service when you retired |
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X |
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If you had less than 10 years of full-time service when you retired |
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X |
Dental/Vision (over age 65) |
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X |
Long Term Care |
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X |
Basic Life Insurance |
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Full amount (before age 65) |
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X |
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Reduced amount (at age 65 and over) |
X |
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Supplemental Life Insurance |
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Full amount (before age 65) |
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X |
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Reduced amount (at age 65 and over – if eligible) |
X |
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Pension Plan |
X |
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Savings Plan |
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X |
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