OVERVIEW OF NRVCS EMPLOYEE BENEFITS
New River Valley Community Services (NRVCS) provides fringe benefits
for full-time salaried and part-time salaried employees. Contractual
and wage staff will receive benefits required by State and Federal
Law as well as any other benefits set forth in the "Individual
Services Contract for Contractual Staff." Consulting staff receive
only those benefits mandated by State and Federal Law.
Wage employees are not eligible for participation in the
Health, Life, Disability, Virginia Retirement System, and Flexible
Benefits Programs.
Health/Dental
Insurances: The cost of individual and dependent
coverage is split between NRVCS and the employee. The
percent of the split is determined annually, with a
fixed amount being deducted from each paycheck to cover
the employee's portion of the premium.
Life Insurance: At
the agency's expense, all full-time employees (salaried
employees employed on a 30-40 hour work week basis) will
receive term life insurance coverage that equals two
times their salary, with a guaranteed minimum of
$50,000.
Disability: At the
agency's expense, all salaried employees employed on a
30-40 hour work week basis are offered long-term
disability.
Retirement Program:
Membership in the Virginia Retirement System (VRS) is a
condition of employment for salaried employees working
at least 30 hours per week. VRS is funded by
contributions from NRVCS and employees. The percent of
the split is set annually with a fixed amount deducted
from each paycheck.
Visit the VRS website
Annual Leave: NRVCS
provides salaried employees with a paid vacation period
contingent upon earned annual leave. Employees with less
than six months of service earn eight hours of annual
leave for each month of employment. Employees with
between six months and four years of continuous service
at NRVCS earn 12 hours of annual leave for each month of
employment. Employees with between four and nine years
of continuous service at NRVCS earn annual leave at a
rate of 14 hours for each month of employment. The rate
of earned annual leave for employees with between nine
and 15 years of continuous service is 16 hours for each
month of employment. Staff with 15 -22 years of continuous
service earn 18 hours of annual leave per
month. Those who serve beyond 22 years receive 20 hours
of annual leave for each month of employment.
Sick Leave: NRVCS
provides salaried employees with leave time for personal
illness, medical care or illness of immediate family
members. Full-time salaried employees will accrue sick
leave at a rate of 10 hours for each completed month of
employment.
Flexible Benefits
Plan: Full-time employees may reduce their tax
liability with dependent care expenses in addition to
unreimbursed medical expenses that are determined on an
annual basis. NRVCS' eligible benefits are automatically
incorporated into the plan.
Deferred
Compensation Plan: All salaried employees, who
work at least 20 hours per week, are eligible to
participate in NRVCS' Deferred Compensation Plan. The
Plan allows employees to defer up to 25% (not to exceed
the maximum allowed) of their annual income for
supplemental retirement purposes.
Employee
Assistance Program (EAP): NRVCS maintains a
contract with Carilion EAP, which provides confidential
counseling to aid in resolving any type of personal
problem. The program is available for NRVCS employees,
as well as their immediate family members.
Longevity Bonus: Each
eligible employee receives an annual bonus of $50.00 for
each full year of continuous service from the date of
last hire in an eligible salaried status. Eligible
employees are those employed in salaried positions
scheduled for 20 hours per week or more.
Direct Deposit: NRVCS
provides payroll direct deposit to the employee's
financial institution of choice.
Credit Union: NRVCS is a
member of the Virginia Employee's Credit Union. All
full-time and part-time employees may join and take
advantage of the Credit Union's services.
Retiree Medical
Insurance:
NRVCS
provides an insurance subsidy for eligible retiring
employees. The retiring employee must meet ALL of the
following qualifications:
1.
Active, full-time employee at time of retirement on or
after July 1, 2009. Eligible part-time salaried
employees will receive benefits on a pro-rated basis.
2. Have
completed at least 23 years of service at NRVCS at the
time of retirement.
3.
Retiring directly from their NRVCS position
4. Must be
under the age of 65 and at least 55 years of age.
5. Work on
a volunteer basis for 80 hours per year after retirement
for NRVCS.
The amount
of the agency’s contribution begins at $325 per month
and increases $25 per month for each additional year of
continuous service, not to exceed $500 per month.
Additional
details are available in the H.R. Department.
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