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Home > About Your Benefits > Paying for Benefits

Paying for Your Benefits

The Company pays for most of the cost of your benefits package in retirement. For some benefits, such as the pension plan, the Company pays the full cost. For other benefits, you and the Company share the cost or you pay the full cost of coverage.

Benefit Plan The Company pays the full cost of coverage You share the cost of coverage with the Company You pay the full cost of coverage
Medical (including Prescription Drugs and Vision Care)
    If you had at least 10 years of full-time service when you retired
  X  
    If you had less than 10 years of full-time service when you retired
    X
Major Medical Medicare Supplement Plan
    If you had at least 10 years of full-time service when you retired
  X  
    If you had less than 10 years of full-time service when you retired
    X
Dental
    If you had at least 10 years of full-time service when you retired
  X  
    If you had less than 10 years of full-time service when you retired
    X
Long Term Care     X
Basic Life Insurance
    Full amount (before age 65)
  X  
    Reduced amount (at age 65 and over)
X    
Supplemental Life Insurance
    Full amount (before age 65)
    X
    Reduced amount (at age 65 and over)
X    
Pension Plan X    

Last updated: Thursday April 21 2005
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