Voluntary Benefits Cost of Coverage
Ancillary benefits are deducted from payroll post-tax (26 paychecks annually).
| Pet Benefits | ||||
|---|---|---|---|---|
| Employee Monthly Rate | Employee Per Pay Rate | |||
| Pet Assure – 1 Pet | $8.00 | $3.69 | ||
| Pet Assure – 1+ Pets | $11.00 | $5.08 | ||
| Pet Plus – 1 Pet | $3.75 | $1.73 | ||
| Pet Plus – 1+ Pets | $7.50 | $3.46 | ||
| Accident Plan | ||||
|---|---|---|---|---|
| Employee Monthly Rate | Employee Per Pay Rate | |||
| Employee | $9.57 | $4.42 | ||
| Employee + Spouse | $14.54 | $6.71 | ||
| Employee+ Child(ren) | $16.41 | $7.57 | ||
| Family | $21.38 | $9.87 | ||
| Critical Illness Plan (minimum of 10,000 and maximum of 500,000, with guarantee issue amount of 150,000) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
$10,000 |
$20,000 |
$30,000 |
$10,000 Per Pay Rate |
$20,000 Per Pay Rate |
$30,000 Per Pay Rate |
|||||||
| <29 | $5.50 | $11.00 | $16.50 | $2.54 | $5.08 | $7.62 | ||||||
| 30-39 | $6.70 | $13.40 | $20.10 | $3.09 | $6.18 | $9.28 | ||||||
| 40-49 | $10.20 | $20.40 | $30.60 | $4.71 | $9.42 | $14.12 | ||||||
| 50-59 | $17.80 | $35.60 | $53.40 | $8.22 | $16.43 | $24.65 | ||||||
| 60-69 | $30.00 | $60.00 | $90.00 | $13.85 | $27.69 | $41.54 | ||||||
| 70+ | $28.60 | $57.20 | $85.80 | $13.20 | $26.40 | $39.60 | ||||||
| Hospital Indemnity | ||||
|---|---|---|---|---|
| Employee Monthly Rate | Employee Per Pay Rate | |||
| Employee | $23.56 | $10.87 | ||
| Employee + Spouse | $45.66 | $21.07 | ||
| Employee+ Child(ren) | $39.24 | $18.11 | ||
| Family | $61.34 | $28.31 | ||
| Voluntary Employee Life & AD&D Plan | ||
|---|---|---|
Rates are the same regardless of age or gender. Accidental Death & Dismemberment (AD&D) rate added to Life rate. |
||
| Life | Per $1,000 | |
| AD&D | Match | |
| Employee | $0.225 | |
| Voluntary Spouse and Child Life & AD&D | ||||
|---|---|---|---|---|
Rates are the same regardless of age or gender. Accidental Death & Dismemberment (AD&D) rate added to Life rate. |
||||
| Employee Monthly Rate | Employee Per Pay Rate | |||
| Spouse | $0.165 | Per $1,000, up to $10,000 | ||
| Child | $0.1.65 | Per $1,000 up to $5,000 | ||
Thrive Restaurant Group provides a $50,000 Life and AD&D Policy for all full-time employees at no cost. Eligible employees have the opportunity to purchase additional Voluntary Life Insurance for themselves, spouse and dependents at their own cost. Rates are based upon age and will be calculated within ADP. Voluntary Life premiums are deducted from payroll post-tax(26 paychecks annually).
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