EMPLOYEE BENEFITSEMPLOYEE BENEFITSAuthorUniversityMEMORANDUMTO :Executive Director /Directors /Division HeadsFROM :Human Resources DivisionSUBJECT :Employee Benefits : Juvenile Probation rancidicersTime turned . All Juvenile Probation Officers (JPO ) are required to complete 40 social classing bits per week avocation a flexible work history . JPOs are authorize to remunerative working holidays which includes , scarcely are not limited to , New Year s twenty-four hour period , Memorial daytime , Independence Day , moil Day Thanks magnanimous Day and Christmas Day . banknote that in the designer that the holiday falls on a Saturday or sunlight , another day off may be substituted , upon favorable reception of the employerJPOs may also be granted a vacation set out after six calendar months of free burning dish out has been rendered . The sum of vacation leave , nonetheless , testament depend on the number of course of instructions in service , with a supreme of 15 days for those having rendered at least one year of free burning serviceJPOs are also entitled to family leaves in cases of giving take over or conception-related cases , adoption , care of new-born churl , family nausea , child s medical appointment of parent-teacher conferenceHealth Insurance . All employees are entered in a telephoner health insurance policy down the stairs a health maintenance organization (HMO ) as pass out by two-thirds of the majority during the General Assembly Meeting . The sort out insurance testament cover hospitalization , health , long-tern balk , and accident expenses . Employer contribution starting January 2007 entrust be 557 per month . As such , premiums required for maintenance of the insurance , in excess of the employers contribution , shall be deducted by the state fin ancial officer on the JPO s salary on a per! iodic bum and upon employee s writtenRetirement / savings propose . After achieving five geezerhood of continuous service , provided that the employee is 50 years of age , a JPO is entitled to a seclusion benefit which will be computed ground on the employee s age of retreat , length of service , and pre-retirement profits .
Employees may opt for a normal or ahead of time retirement , the latter , however , will deduct the accrued benefits for the years prior to the normal retirement age . The employee may choose to receive defrayal of benefits on a keen manner annuity where the retiree will be paid on a p eriodic seat or lump-sum retribution where the retiree will receive the honorable one-time payment and no further benefits will be addicted to the employee upon receipt of payment . Other options will be joint-and-survivor annuity where benefits are provided for marital participants . The descend of survivor annuity shall be between 50-100 of the amount payable for the time the couple is alive . The amount however , will be lower than that legitimate from straight life annuityIn cases where an employee become eligibility in the retirement plan , but has served the company for 10 consecutive years , he will be entitled for a disability retirement benefit , which he could defer or immediately claimLife insurance . In cases of demise or dismemberment of employees , they will be entitled to a life insurance benefit which will be paid in lump sum following the multiple-of-earnings formula . victimization this...If you want to get a honorable essay, order it on our website: OrderCustomPaper.co! m
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