Benefits

Medical

The Exchange offers a quality health care program to meet your needs.

There are two types of medical plans:

• Open Choice PPO plan (network)
• and the Traditional Choice plan

Health Maintenance Organizations (HMOs) are also available at various locations throughout CONUS. The Exchange pays 70 percent toward the cost of the premium.

Dental

We offer a comprehensive dental plan when you enroll in the Open Choice or Traditional Choice medical plan.

HMO participants are also eligible to enroll if the HMO does not include dental coverage. Associates may choose the dentist of their choice; however, when you receive dental care from a network dentist you’ll pay less for your care.

The Exchange pays 70 percent toward the cost of the premium. Stand Alone Dental is also available.

Flexible Spending Account

Regular full-time and regular part-time associates may elect to enroll in the Health Care Flexible Spending Account, where money must be used for out-of-pocket health care expenses. Associates may also elect to enroll in the Dependent Care Flexible Spending Account, where money is used for qualifying out-of-pocket daycare expenses for eligible dependents. Associates may elect to enroll in one or both accounts.

Life Insurance / Accidental Death / Dismemberment / Disability

• Basic Life insurance coverage at 2 times annual salary.
• Accidental Death coverage at an additional 2 times annual salary.
• Dismemberment coverage at 1 time annual salary.

Personal Accident Insurance

This plan provides accidental death / dismemberment insurance that includes living benefits. The Coverage level available is from $50,000 to $500,000. It is an employee-pay-all plan.

Supplemental Insurance

Associates can elect life insurance up to 6 times their annual base salary. It is an employee-pay-all plan and the premiums are age based.

Dependent Life Insurance

Associates can elect life insurance on their eligible dependents. Spouse coverage is available up to $50,000 and children's coverage is available up to $20,000. It is an employee-pay-all plan and spouse premiums are age based.

Tuition Assistance

The Exchange offers tuition assistance to qualified associates to attend academic or specialized education courses. Once accepted into the program, associates may participate in off duty studies in accredited schools, colleges, and universities. Tuition reimbursement is available for Associate, Bachelor, and Masters degree programs.

Employee Assistance Program (EAP)

The EAP is a counseling program that offers assessment, short term counseling and referral for US dollar paid employees and their eligible dependents, and consultation for supervisors or employee problems.

Retirement

The Exchange Retirement plan is a Defined Benefit plan. The amount of your pension is determined by a formula that takes into account three things: your High-3 average compensation, your credited service and your social security benefit. Associates contribute a very small amount (0.8%) of their salary towards this plan. The majority of the plan’s cost is borne by the Exchange.

401(K)

This plan provides accidental death / dismemberment insurance that includes living benefits. The Coverage level available is from $50,000 to $500,000. It is an employee-pay-all plan.

Associates can elect to enroll in the 401(k) without a waiting period. You can contribute 1% - 99% of your income, subject to yearly limits.

Vacation, Sick Time and 10 Paid Holidays

Qualified associates begin earning leave their first day. As you continue your time a the Exchange, here’s how much leave you’ll earn:

0-3 years

• Sick Leave - 2.5 weeks
• Vacation Leave - 2.5 weeks

3-15 years

• Sick Leave - 2.5 weeks
• Vacation Leave - 4 weeks

15+ years

• Sick Leave - 2.5 weeks
• Vacation Leave - 5 weeks

Qualified associates receive paid time off for holidays including:

• New Year’s Day
• Martin Luther King’s Birthday
• President’s Day
• Memorial Day
• Independence Day
• Labor Day
• Columbus Day
• Veteran's Day
• Thanksgiving Day
• Christmas Day