*All insurance coverage becomes effective 30 days from employment date.
1. Medical insurance- Blue Cross/Blue Shield of NC: Town pays for employee coverage – a $565/month benefit. As an enrollee, you may choose to receive care from any of the primary care physicians and specialists who are listed in the directory, without a referral. $25 co-payment for office visits & $50 for specialists, 80% of eligible expenses for inpatient hospital services and this applies to the out-of-pocket maximum of $3,000 per member/$9,000 per family per calendar year. Prescription drugs: $4 co-payment for generic, $30 & $45 co-payment for brand name drugs on the Preferred Drug List. Additional family coverage costs: $93.95/week - employee + 1 (employee plus spouse or child) and $212.60/week – family. www.bcbsnc.com
2. Dental insurance - Medcost: (800) 795-1023 Town pays for employee coverage. $1,500 per person maximum calendar year benefit, $50 deductible per calendar year ($100 per family) when applicable. Pays 100% reasonable and customary charges for preventive services, 80% of R&C charges of basic services; and 80% of R&C for major services. Additional family coverage costs: $8.87/week - spouse; $9.75/week – children, $14.37/week – family. www.mbstpa.com
3. Life Insurance – Reliance Standard: Town pays for employee coverage. Employee Life Insurance is equal to 100% of employee's annual salary, rounded up to the next $1,000. (Example: Salary = $25,100; Life insurance = $26,000). Optional dependent coverage: $.40/family - covers each dependent with a $2,000 life policy.
4. Short Term Disability – Municipal Insurance Trust : Town pays for employee coverage. Benefits begin on the 8th day of disability, maximum payment period of 26 weeks. Pays 60% current weekly salary with no maximum.
5. Long Term Disability – Reliance Standard: Town pays for employee coverage. Benefits begin after short term disability is exhausted and, if necessary, last until Social Security payments begin. Pays 60% current weekly salary with no maximum. Claims are reviewed every two years.
6. Vision Insurance - Superior Vision: Optional coverage through Colonial Insurance Broker. Employee only - $2.33/week; Employee + 1 - $4.53/week; Employee + Family - $6.64/week. Benefits include low $10 co-pay for annual exam plus $120 hardware benefit towards contacts or glasses. www.superiorvision.com
7. Local Government Employee’s Retirement System: (877) 627-3287 - Enrollment is mandatory at the completion of the 6-month introductory period. Employee contributes 6% of gross earnings and the Town contributes 7.02% of total gross wages to general employees and 7.04% of total gross wages for Police Officers. Employee is fully vested after 5 years of creditable service. We also offer a Death Benefit in the amount of $25,000 - $50,000 to all active employees. www.treasurer.state.nc.us/dsthome
*State Retirement – It is best to combine the two (state & local) if you are vested in the system. When you retire, the state has a higher calculation in the retirement system than local government. Ex. If you have 17 years with the state and 13 years with local government, you can retire with unreduced benefits from both. Also, with the state retirement plan you receive free hospitalization. (If you are a state employee, please check your manual).
8. 401(k) Retirement: (866) 624-0151 - Town contributes 5% of gross earnings for general employees after successful completion of the 6-month introductory period. Employees transferring from local or state government may continue voluntary contributions with Town contributions starting after successful completion of the introductory period. Fulltime, sworn law enforcement officers are enrolled immediately upon hire with the Town contributing 5% of their gross earnings. All employees may add voluntary contributions by payroll deduction on a pre-tax basis. http://www.nc401k.prudential.com
9. Merit Increases: After successfully completing the Introductory period, each employee will receive a 5% merit increase. We also offer merit increases annually depending on merit and developmental and market range. Developmental Range is for salaries below mid-point and Market Range is for salaries above mid-point.
Developmental Range Market Range
Remedial 0% 0%
Generally Meets Expectations 1% .5%
Meets/Exceeds Expectations 1.5% .875%
Generally Exceeds Expectations 2.5% 1.75%
Overall Outstanding 3.5% 2.5%
10. Holidays: Eleven paid holidays per year (Town observes same holiday schedule as State of North Carolina).
11. Vacation: Accrues weekly. Maximum number of days an employee can accumulate is 30.
0-4 years 12 days per year 15-19 years 20 days per year
5-9 years 15 days per year 20+ years 21 days per year
10-14 years 18 days per year
12. Sick Leave: Accrues weekly. Twelve days per year. No Limit on number of days accumulated.
13. Longevity: Longevity bonus based on employee's date of hire in full-time position based on the following schedule:
5-9 years $300 15-19 years $700
10-14 years $500 20+ years $1000
14. Credit Union: (919) 562-7222. All full and part-time employees are eligible to join the Local Government Employees’ Credit Union. The local branch is available at the State Employees’ Credit Union located at 1116 Jenkins Road. www.lgfcu.com
15. Employee Assistance Program (EAP) – Raleigh Employee Assistance Program: (919) 872-4786 or (800) 554-1399 - Provides short term confidential counseling with marital, financial, legal, alcohol, family or other problems, for employees and their families at no cost to the employee. Twenty-four (24) hour emergency phone assistance and telephone sessions available..
16. Tuition Assistance Program: Full-time employees who have completed their initial probationary period may be reimbursed for one-half of eligible expenses for courses taken on the employee’s own time which will improve his/her skills for his/her current job or prepare him/her for promotional opportunities with the Town.
17. Supplemental Insurance - Colonial Life and Accident Insurance Company: (888) 662-7500 ext. 100 -Voluntary policies are offered once a year at Open Enrollment in June for the fiscal year beginning each July 1st. Policies include: medical ($3500 limit) and childcare ($5000 limit) flexible spending accounts (888) 868-FLEX (3539), life, accident, disability, cancer, and other insurance coverage. Employee pays for employee and/or dependent coverage. www.piercegroupbenefits.com/townofwakeforest
18. Comp Time or Overtime – Regular employees have the choice. Both rates accrue at 1 ½ times your hourly salary. Public Safety employees are only offered OT.
19. Direct Deposit is mandatory for all employees. We are paid every Friday.