401k Profit Sharing Plan
Employees are eligible to participate in the 401k plan on the first of the month following 60-days of continuous active employment. Waste Connections, Inc. has a matching contribution of 50% up to the first 6% of pay that an employee contributes.
Waste Connections Inc. offers its employees a medical PPO health plan. This plan is extended to eligible employees and their eligible dependents on the first of the month following 3 months of continuous employment. Employees are charged through a pre-tax eligible payroll deduction.
This medical plan is offered through a Preferred Provider Organization, Blue Shield of California. This plan does not require the election of a Primary Care Physician, nor does the plan require that the patient obtain referrals for specialist care. Physician office visits and Preventive Care are covered with a $20 copay, not subject to the deductible. The Plan Year Deductible is $750 per individual. The health plan is extended to eligible employees and their eligible dependents.
When prescription drugs are dispensed at a participating pharmacy, an employee may obtain up to a 30 day supply for a $10 copayment for a generic prescription or a $30 copayment for brand name prescription with no generic substitute. If using a generic drug there is no deductible.
Additionally, there is a mail order pharmacy service. This program is available for recurring medications. An employee may obtain a 90 day supply and will be required to pay only a $20 copayment for generic prescriptions, or a $60 copayment for brand name formulary prescriptions.
This plan includes a network of Preferred Providers through Blue Shield of California. Employees may use the services of a licensed dentist, denturist or oral surgeon of their choice. Preventive care and diagnostic services are paid at 100%. Restorative services are paid at 80%. Major services are paid at 50%. There is an annual deductible of $50 per year.
Employees may use the services of any licensed ophthalmologist, optometrist or optician of their choice. Vision examinations are covered at 100% once in every 24 month period. A $250 allowance is provided to purchases lenses, frames and/or contact lenses once every 24 months.
Life Insurance/Accidental Death and Dismemberment
Employees who have enrolled for health benefits, will be provided with employer paid life insurance equal to 1.5 times their annual salary, up to a $50,000 maximum. If the health benefits plan is not elected employees may purchase just the base life insurance for $5 a month. Employees have an option to purchase additional life insurance for themselves and their dependents.
Employees who have enrolled for health benefits will be provided with employer paid long-term disability coverage equal to 50% of their monthly salary, up to $2500 per month. If the health benefits plan is not elected employees may purchase just the base LTD insurance for $5 a month. This coverage begins after 90 days of being disabled. Employees have an option to purchase additional long-term disability insurance.