New Employee Benefits Enrollment - Dow Corning

More documents

Recommendations

Info

TABLE OF CONTENTS New Employees of Dow Corning Corporation, STI, SSI, and Hemlock Semi-Conductor Corporation (which together with any of its existing or future subsidiaries, is referred to hereafter as “Dow Corning”) Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Benefits Eligibility. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Benefit Enrollment Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Miscellaneous Benefit Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Dental . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Medical . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Vision . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Dependent Life . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Basic & Optional Life . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 Accidental Death & Dismemberment (AD&D) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 Health Savings Account (HSA) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 Flexible Spending Accounts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 Long Term Disability (LTD) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 Legal Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 Business Travel Accident Life . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 Authoria Information. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 Benefit Enrollment Worksheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 Questions about your benefits enrollment? Contact the Americas Human Resource (HR) Service Center: Outlook: G1HRSC E-mail: HRSC@DOWCORNING.COM Phone: (989) 496-4772 (800) 440-0772 outside the Midland exchange Office hours: Monday-Friday 8:00a.m.-5:00p.m. EST 1
INTRODUCTION Dear Fellow Employee: As an employee at Dow Corning, enjoying your work and making valuable contributions to our company are equally vital. The health, satisfaction and security of you and your family are important to your well being and, ultimately, to the success of Dow Corning. Throughout the years, Dow Corning has worked hard to offer a competitive compensation package in order to attract and retain quality employees. In today’s economic market, however, this is not an easy task. Skyrocketing prices for prescription drugs and escalating costs related to other benefit coverage have led our company in new directions. For instance, we have: � Partnered with national network providers, which offer affordable healthcare choices to employees at all locations. � Simplified processes to optimize resources. � Made information available, literally at your fingertips, so that you can become even more knowledgeable about the options available to you. We understand that your situation is unique, and Dow Corning continues to offer a benefits package that is flexible – one that can be shaped and molded by you, to fit your needs. A number of options for Dental, Medical, and Vision coverage are available to you. In addition, Optional Life, Dependent Life, Accidental Death and Dismemberment and Long-Term Disability Insurance programs offer varying coverage levels for employees and their covered dependents*. Other benefits offer still more choices – Flexible Spending Accounts, savings plans, the Legal Plan, and a host of educational and family-oriented programs give you the opportunity to focus your benefits where you need them the most. This enrollment booklet is a summary description of your Dow Corning benefit plans. If there is a discrepancy between these summaries and the Summary Plan Documents (SPDs), the SPDs shall prevail. This booklet and plan summaries do not constitute a contract of employment. *See eligibility page for details 2
Page 1: Dow Corning Corporation - Multibase
Page 5 and 6: BENEFIT ENROLLMENT INFORMATION Dow
Page 7 and 8: DENTAL Coverage is effective on you
Page 9 and 10: MEDICAL Coverage is effective on yo
Page 11 and 12: Cost and Coverage Comparison Chart
Page 13 and 14: VISION Coverage is effective on you
Page 15 and 16: DEPENDENT LIFE Coverage is effectiv
Page 17 and 18: BASIC & OPTIONAL LIFE Coverage is e
Page 19 and 20: ACCIDENTAL DEATH & DISMEMBERMENT (A
Page 21 and 22: HEALTH SAVINGS ACCOUNT (HSA) The fe
Page 23 and 24: FLEXIBLE SPENDING ACCOUNTS (FSA) Do
Page 25 and 26: LONG TERM DISABILITY (LTD) Coverage
Page 27 and 28: BUSINESS TRAVEL ACCIDENT LIFE Busin
Page 29: BENEFIT ENROLLMENT WORKSHEET After

New Employee Benefits Enrollment - Dow Corning

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?