Health Benefits
Enrollment in one of CCA’s health insurance plans helps protect employees and their covered family members against the rising cost of medical care. Where available, CCA typically offers its employees the opportunity to participate in a managed care program, giving them a choice of either a Health Maintenance Organization (HMO) or a Preferred Provider Organization (PPO). When an affiliated network is not available, employees are offered a traditional indemnity program. CCA also offers a dental and vision plan to its employees with two levels of coverage from which an employee may choose. Employee premiums for health and dental/vision coverage are deducted on a pre-tax basis. All benefit options offer employees the flexibility to choose a plan and tier of coverage that works best for them.
Survivor Benefits
CCA provides income security through a group term life insurance program to all eligible employees at no cost. Accidental death and dismemberment (AD&D) coverage is provided to employees enrolled in a company sponsored health plan. Additionally, dependent life insurance is provided for family members of those CCA employees covered by dependent health insurance.
Flexible Spending Accounts (FSAs)
CCA offers Flexible Spending Accounts (FSAs) for medical and dependent care expenses. An FSA is an employer sponsored plan that lets an employee deduct dollars from his/her paycheck and put them into a special account that is protected from taxes. These dollars can then be used to reimburse eligible family care expenses related to medical and/or dependent care. Only expenses incurred during the plan year and while an employee is in an FSA are eligible for reimbursement. IRS regulations stipulate that any unused money in remaining in the account when the plan year is up cannot be carried forward and is forfeited. Employees may sign up for a health care account, a dependent care account, or both.
PAID TIME OFF (PTO)
The PTO program consolidates personal and sick time, as well as one floating holiday, into one bank. Separate from the PTO bank are bereavement leave and nine official holidays including:
New Year’s Day
Martin Luther King Day
Presidents Day
Memorial Day
Independence Day
Labor Day
Veterans Day
Thanksgiving Day
Christmas Day
PTO may be used for any reason that requires the employee to be away from work including vacation, personal business, personal or dependent illness or medical appointments. It may also be used for any holiday outside of the official holiday schedule or to satisfy the elimination period in the disability program. PTO will be accrued based on the actual number of regular hours worked; an employee does not have to work a full 80 hours per pay period to accrue PTO.
Bereavement Leave
Employees may take up to three days of leave with full pay due to the death of an immediate family member. An immediate family member is defined as a spouse, child, step-child, parent, step-parent, parent-in-law, grandparent or sibling. If additional time is needed, PTO may be taken upon approval. For relationships other than an immediate family member, employees must request and use PTO. Bereavement leave must be used within 14 days of the date of death. Employees may be asked to provide verification.
Short-term Disability Benefit
CCA's short term disability program provides 60% of an employee's regular earnings for up to 12 weeks for a non work related disability, subject to the terms and conditions of the plan. A long term disability program is also available.
Employee Assistance Program (EAP)
This program provides employees and their families with access to a licensed counselor that can provide three personal counseling sessions at no cost. The counselors will be available to help with alcohol/drug abuse, crisis management, parenting problems, financial concerns, family problems, work difficulties, marital concerns, emotional issues and other personal issues. The program also includes a 24- hour hotline for employees and their families who are in need of assistance. The hotline will be able to refer employees and their families to a counselor. The utilization of this program is entirely voluntary and is completely confidential.
Benefits do vary by facility and may be different from the above description of the paid time off plan. For more information on a particular facility’s benefits plan, contact the human resource manager at that facility.
Retirement Benefits
CCA provides retirement benefits for its employees through its 401(k) Savings and Retirement Plan. Employees who are at least 18 years old and who have completed 12 consecutive months and 1,000 hours or more of service with CCA are eligible to participate in the company's 401(k) Plan. Upon eligibility, employees may contribute, on a pre-tax basis, up to 20% of their gross bi-weekly pay into the Plan.
CCA will match an employee's contributions, dollar for dollar, up to 5% of the employee's eligible compensation. Matching contributions are made following the end of each Plan year. To be eligible for the employer matching contribution each year an employee must make salary deferral contributions into the Plan during the year, be employed on the last day of the year (December 31), and be paid for 1,000 hours or more during the year.
Participants are always 100% vested in the fair market value of any employee contributions made into the Plan. Employer contributions are subject to the Plan's vesting schedule, which is based on years of service with the company. Employees become 20% vested in the fair market value of any employer contributions after 2 years of service with CCA; 40% vested after 3 years; 80% vested after 4 years; and 100% vested after 5 years of service. The Plan also provides for 100% vesting upon attainment of the Plan's retirement age of 62, permanent disability or death.
All contributions into the Plan are participant-directed and may be divided among various investment options that provide differing levels of risk. Along with quarterly account statements, the Plan provides participants with daily access to their account information via a toll-free telephone number and also via the Internet. Plan loans are also available for those participants who meet the loan provision requirements. The Plan's Summary Plan Description is available in the office of the Human Resources Manager at each facility or may be obtained by contacting the Retirement Benefits Department at the Facility Support Center.
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