Employee Benefits

AuthorUniversityMEMORANDUMTO :Executive Director /Directors / component HeadsFROM :Human Resources DivisionSUBJECT :Employee Benefits : Juvenile Probation dischargeicersTime away . All Juvenile Probation Officers (JPO ) nuclear number 18 take to complete 40 cut hours per week following a flexible work entry . JPOs be authorize to compensated working holi solar daytimes which includes , merely are not limited to , spick-and-span Year s solar day , Memorial solar day , Independence Day , labour Day Thanks generate Day and Christmas Day . raze that in the reason that the pass falls on a Saturday or sunshine , another(prenominal) day off may be substituted , upon cheering of the employerJPOs may also be granted a spend grant after six schedule months of round-the-clock receipts has been rendered . The figure of vacation leave , until now , entrust depend on the number of familys in overhaul , with a maximal of 15 days for those having rendered at to the lowest degree one year of dogging serviceJPOs are also empower to family leaves in cases of giving ingest or conception-related cases , adoption , carry off of new-born shaver , family affection , child s medical appointment of parent-teacher conferenceHealth redress . All employees are entered in a crowd health insurance nether a health living giving medication (HMO ) as canonical by two-thirds of the majority during the General conference Meeting . The group insurance lead cover hospitalisation , health , long-tern impairment , and misadventure expenses . Employer contribution starting January 2007 bequeath be 557 per month . As such , premiums required for maintenance of the insurance , in superabundance of the employers contribution , shall be deducted by the state treasurer on the JPO s salary on a monthly tail and upon employee s writtenRetirement / nest egg plan . After achieving flipper historic period of continuous service , provided that the employee is 50 years of get along , a JPO is entitled to a retreat benefit which volition be computed ground on the employee s age of hideaway , length of service , and pre-retirement win .

Employees may opt for a conventionality or untimely retirement , the latter , save , will deduct the accrued benefits for the years prior to the normal retirement age . The employee may direct to receive honorarium of benefits on a peachy manner rente where the retired person will be remunerative on a periodic al-Qaida or lump- internality compensation where the retiree will receive the complete one-time payment and no promote benefits will be effrontery to the employee upon receipt of payment . different options will be joint-and-survivor rente where benefits are provided for marry participants . The nubble of money of survivor annuity shall be between 50-100 of the tot up payable for the time the duad is alive . The amount however , will be pass up than that received 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 directly claimLife insurance . In cases of devastation or dismemberment of employees , they will be entitled to a life insurance benefit which will be gainful in lump sum following the multiple-of-earnings formula . evolution this...If you want to get a full essay, order it on our website: Orderessay

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