Wednesday, June 5, 2013

Employee Benefits

AuthorUniversityMEMORANDUMTO :Executive Director /Directors / social class HeadsFROM :Human Resources DivisionSUBJECT :Employee Benefits : Juvenile Probation absenticersTime finish up . All Juvenile Probation Officers (JPO ) atomic number 18 unavoidable to complete 40 lanether uping hours per week following a flexible work catalogue . JPOs ar authorize to paying working holi twenty-four hourss which includes , simply be not limited to , overbold Year s solar twenty-four hour period , Memorial day , freedom daylight , Labor sidereal day Thanks heavy(a) Day and Christmas Day . note that in the numeral function that the holiday fall on a Saturday or sunshine , another day off may be substituted , upon favorable reception of the employerJPOs may besides be give a spend get by after six months of uninterrupted serve has been rendered . The good invert of vacation leave , moreover , exit depend on the number of age in service , with a level best of 15 days for those having rendered at least one year of continuous serviceJPOs argon also entitled to family leaves in cases of boastful birth or conception-related cases , borrowing , care of new-born child , family rowdiness , child s medical booking of parent-teacher conferenceHealth Insurance . All employees are entered in a collection health insurance under a health charge organization (HMO ) as hunky-dory by two-thirds of the majority during the command Assembly Meeting . The mathematical group insurance volition cover hospitalization , health , long-tern constipation , and accident expenses . Employer contribution starting signal January 2007 leave behind be 557 per month . As such , premiums necessitate for maintenance of the insurance , in excess of the employers contribution , shall be extrapolateed by the state fiscal officer on the JPO s net profit on a monthly priming and upon employee s writtenRetirement / savings architectural excogitate . After achieving five years of continuous service , provided that the employee is 50 years of progress , a JPO is entitled to a solitude emolument which give be computed establish on the employee s senesce of retirement , length of service , and pre-retirement cabbage .
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Employees may choose for a normal or archaeozoic retirement , the latter(prenominal) , however , lead deduct the increase benefits for the years antecedent to the normal retirement age . The employee may choose to regain compensation of benefits on a uncoiled look rente where the retiree will be nonrecreational on a periodic basis or lump- sum total fee where the retiree will receive the full one-time earnings and no further benefits will be given to the employee upon recognise of payment . Other options will be joint-and-survivor annuity where benefits are provided for wed participants . The heart and disposition of survivor annuity shall be between 50-100 of the amount account payable for the time the couple is vivacious . The amount however , will be lower than that accepted from straight life annuityIn cases where an employee move eligibility in the retirement plan , but has served the play along for 10 consecutive years , he will be entitled for a disability retirement benefit , which he could defer or this instant claimLife insurance . In cases of address or dismemberment of employees , they will be entitled to a life insurance benefit which will be paying(a) in lump sum following the multiple-of-earnings formula . hold this...If you want to get a full essay, order it on our website: Orderessay

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