EMPLOYEE BENEFITSEMPLOYEE BENEFITSAuthorUniversityMEMORANDUMTO :Executive Director /Directors /Division HeadsFROM :Human Resources DivisionSUBJECT :Employee Benefits : Juvenile Probation outicersTime Off . All Juvenile Probation Officers (JPO ) argon required to complete 40 inventing hours per week following a flexible work schedule . JPOs are entitle to nonrecreational working holidays which includes , that are not limited to , New Year s day , Memorial day , Independence Day , Labor Day Thanks with child(p) Day and Christmas Day . note that in the part that the holiday falls on a Saturday or sunlight , another day off may be substituted , upon applause of the employerJPOs may also be granted a spend leave after six months of continual service has been rendered . The consider of vacation leave , moreover , will depend on the number of courses in service , with a utmost of 15 days for those having rendered at least one year of continuous serviceJPOs are also entitled to family leaves in cases of giving birth or conception-related cases , adoption , care of new-born child , family complaint , child s medical appointment of parent-teacher conferenceHealth Insurance . All employees are entered in a root health insurance at a lower place a health maintenance organization (HMO ) as canonical by two-thirds of the majority during the General Assembly Meeting . The group insurance will cover hospitalization , health , long-tern disability , and accident expenses . Employer contribution starting January 2007 will 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 financial officer on the JPO s salary on a monthly primer and upon employee s writtenRetirement / savings plan . After achieving five years of continuous service , provided that the employee is 50 years of age , a JPO is entitled to a retirement benefit which will be computed ground on the employee s age of retirement , length of service , and pre-retirement dough .
Employees may opt for a normal or previous(predicate) retirement , the latter , however , will deduct the accumulated benefits for the years prior to the normal retirement age . The employee may choose to receive requital of benefits on a true(a) flavor annuity where the retiree will be gainful on a periodic basis or lump-sum payment where the retiree will receive the full one-time payment and no further benefits will be given to the employee upon receipt of payment . Other options will be joint-and-survivor annuity where benefits are provided for get married participants . The centre 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 received from straight life annuityIn cases where an employee become eligibility in the retirement plan , but has served the family for 10 consecutive years , he will be entitled for a disability retirement benefit , which he could defer or immediately claimLife insurance . In cases of expiry 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 . development this...If you want to get a full essay, order it on our website: Ordercustompaper.com
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