U.S. Employees. Supporting You and Your Family Employee Benefits. Overview 2015

Transcription

1 U.S. Employees Supporting You and Your Family Employee Benefits Overview 2015

2 Welcome to AECOM where you ll have the opportunity to work with some of the best and brightest minds in our industry. Your health and well-being are very important to AECOM. That s why we re committed to providing you benefits that support you and your family. This guide provides an overview of these benefits. Please consult your Human Resources representative to find out whether any eligibility requirements* apply and to answer any questions you may have. Or you can call the AECOM Benefits Service Center at * AECOM s benefits are governed under the rules provided in the applicable plan documents and summary plan descriptions, which will be provided upon request.

3 Medical, dental and vision AECOM strives to meet your needs and those of your family with a competitive benefits package that recognizes your valuable contribution to our company. Our medical, dental and vision coverage is available to spouses, domestic partners and/ or eligible dependents without any pre-existing condition limitations. Coverage is effective on the date of hire for employees scheduled to work 20 hours or more per week and is available to spouses, domestic partners, and/or eligible dependents.

4 Medical Wellness at AECOM is a program which provides support and resources to employees to achieve and maintain good health and well-being. Wellness participants enjoy significant savings on medical plan premiums and other plan costs if they complete this annual program. As a new employee, you are automatically eligible to receive these benefits during the calendar year in which you joined AECOM. Contact the AECOM Benefits Department for further details. PPO Plan: Members have the freedom of visiting in-network or out-of-network providers. This plan has a deductible/outof-pocket maximum and is administered by Anthem Blue Cross. High Deductible Health Plan: AECOM offers plans with a high deductible, including the Premier Plus Plan, which is available to those who qualify by completing AECOM s Wellness program. These plans allow you the freedom to visit in-network or out-of-network providers and feature a Health Savings Account (HSA) in which members can build tax-free savings for future, qualified expenses. AECOM provides a generous annual HSA contribution and members may contribute to their account on a pre-tax basis up to the IRS allowable annual maximum. This plan is administered by Anthem Blue Cross (medical) and Mellon Bank/Benefit Wallet (HSA). Exclusive Provider Organization (EPO): In this plan, you may see any medical provider that is in-network; there is no out-of-network coverage. You may also see any in-network specialist without prior authorization. Benefits are administered by Anthem Blue Cross. Dental DPO 1: This plan allows you to see any dentist you choose. Maximum coverage for each covered member is $2,000 per year. The plan also includes orthodontia at 50% (up to $2,000 per year) and limited coverage for implants. It is administered by Aetna. DPO 2: This plan also allows you to see any dentist you choose. Maximum coverage for each covered member is $1,000 per year. Orthodontia is not covered. The plan is administered by Aetna. Vision Vision Care Plan: The plan provides discounted rates for routine vision examinations plus discounted prices on eyeglass frames and lenses or contacts. The plan is administered by Vision Service Plan. Prescriptions Prescription Drug Benefits: You can fill your prescriptions online, at most pharmacies or by mail order. This benefit is administered through Express Scripts.

5 Flexible spending accounts (FSA) and Health savings accounts (HSA) Health Care Spending Account & Dependent Day Care Spending Account: These two separate accounts allow you to set aside money from your paycheck on a pre-tax basis to cover certain unreimbursed medical, dental, vision and/or dependent care expenses. Annual maximum contribution limits apply. In 2015, the maximum contributions are $2,500 for the Health Care Spending Account and $5,000 for the Dependent Day Care Spending Account. Health Savings Account: If you participate in a high deductible medical plan, you may be eligible to contribute to a tax-advantaged account which can be used for future health care expenses. Unlike an FSA, there is no time-limit on when you need to use these funds and you take them with you if you leave the company. Your HSA can further grow through a generous HSA contribution which is available from AECOM. Maximum annual contribution limits and eligibility requirements apply. In 2015, the combined maximum HSA contribution limit is $3,300/ individual and $6,550/family. Employees over age 55 may contribute an additional $1,000/ year. You may also contribute to a Limited Purpose FSA with a maximum contribution of $2,500 if you participate in a high deductible plan, including a Premier Plus Plan.

6 Life, accident and disability coverage AECOM further supports you and your family with life, accident and disability coverage. Coverage is effective on the date of hire and is available to all employees who work 20 hours or more per week. Completion of Evidence of Insurability forms is necessary for optional life insurance coverage at four or five times your salary level. Optional spouse/domestic partner coverage over $50,000 is also available.

7 Basic life insurance AECOM provides, at no cost to you, a basic life insurance benefit of 1.5 times base annual salary. The maximum coverage is $500,000. Optional life insurance You may purchase additional life insurance up to five times your annual base salary, up to a maximum benefit of $500,000. You are responsible for 100% of the premiums, which vary depending on amount of coverage and age of the employee. Spouse or domestic partner life insurance You may purchase life insurance for a spouse/domestic partner up to the lesser of 50% of your optional life insurance coverage or $200,000. Premiums vary depending on the amount of coverage and age. Evidence of Insurability requirements may apply. Child life insurance You may purchase additional life insurance for dependent children. Eligible dependent children are covered at $10,000 each. Basic accident insurance AECOM provides, at no cost to you, a basic accident insurance benefit of 1.5 times your base annual salary, up to a maximum benefit of $500,000. Pays for accidental loss of life, limb(s) or basic function(s) such as sight or hearing. Optional accidental insurance You may purchase additional accident coverage in $10,000 increments up to a maximum of $500,000 for coverage for yourself or family. Enhanced accident insurance Employee may elect this voluntary plan to help cover out-of-pocket medical expenses associated with accidental injuries. These benefits are paid in addition to medical or accidental death and dismemberment insurance benefits. Critical illness insurance Employee may elect this voluntary plan to provide financial support for you and your family in the event of a covered critical illness or condition. Coverage amounts are $15,000 or $30,000 for employee and 50% for spouse/domestic partner and/or dependent children. Business travel accident insurance AECOM provides, at no cost to you, a business travel accident insurance benefit to all employees traveling on authorized AECOM business at a rate of five times your annual salary, up to a maximum benefit of $2,000,000. Short-term disability (STD) AECOM provides income should you miss work due to a non-occupational injury or illness for up to 13 weeks. Coverage is 60% of weekly base salary up to a maximum level of $1,500. The company pays the full cost.* Long-term dsability (LTD) You receive a monthly benefit of 60% of your monthly salary. The maximum benefit is $10,000 per month. Coverage begins on the 91 st day of illness or injury. Coverage is effective on date of hire. It is available to all employees working 20 hours or more per week. * Includes the average amount of commissions and bonuses (if applicable) received over the lesser of (1) the number of months worked or (2) the 12-month period just prior to the date of loss.

8 Financial security AECOM recognizes the importance of building financial security for the retirement years and has designed a program to assist you in meeting your post retirement financial goals.

9 The retirement and savings plan (RSP) If you work 20 hours a week or more, you are eligible to participate in AECOM s RSP on the first day of the second calendar month following your date of hire You may elect to contribute up to 50% of your bi-weekly base salary and AECOM will match 50% of the first 6% of your bi-weekly contributions. You are 100% vested in your bi-weekly contributions at all times and are 100% vested in AECOM matching contributions after three years of service. Employee Stock Purchase Plan (ESPP) Through the AECOM Technology Corporation (ESPP), you can purchase shares of AECOM common stock during one or more of the Plan s six offering periods in each calendar year. To enroll, you may elect to contribute 1% to 10% of their eligible bi-weekly compensation through after-tax payroll deductions up to the plan limit of 1,300 shares per offering period and the IRS limit of $25,000 worth of stock per year. Subject to certain statutory requirements, a 12% discount is applied to the stock purchase price which is the fair market value of AECOM common stock as of the last day of each offering period.

10 Other benefits

11 Paid time off (PTO) PTO can be used for vacation, illness, or personal business. It accrues on an hourly basis starting the first week of work. PTO is calculated on the actual number of hours you work is paid up to a maximum of 40 hours in a regular pay week. Part-time fixed employees who work 20 or more hours per week are eligible for PTO on a prorated basis. Full-time employees accrue the following number of PTO days, based on 2,080 hours maximum per year. Holidays AECOM observes eight paid holidays per year seven that are specifically designated and one floating holiday. Education assistance program You may receive 100% reimbursement, up to $5,000 (full time) and $3,000 (part time fixed) per calendar year for tuition and fees. Courses required to obtain a job-related or a business degree are applicable for the reimbursement with pre-approval. Employee assistance program (EAP) The EAP provides confidential and professional assistance to help you and your family resolve personal challenges. AECOM voluntary benefits In addition to offering a variety of discounts to some of the most popular online retailers, you can also purchase home and auto insurance, group legal insurance and pet insurance. Years of service Annual days Maximum days 0 to 5 years to 10 years years or more VPs and above 25 50

12 About AECOM Ranked as the #1 engineering design firm by revenue in Engineering News-Record magazine s annual industry rankings, AECOM is a premier, fully integrated infrastructure and support services firm, with a broad range of markets, including transportation, facilities, environmental, energy, water and government. The recent incorporation of URS furthers AECOM s standing as a leader in all of the key markets that it serves. With nearly 100,000 employees including architects, engineers, designers, planners, scientists and management and construction services professionals the company serves clients in more than 150 countries around the world. AECOM provides a blend of global reach, local knowledge, innovation and technical excellence in delivering solutions that create, enhance and sustain the world s built, natural and social environments. A Fortune 500 company, AECOM has annual revenue of approximately US$20 billion. More information on our services can be found at and Follow us on