U.S. BENEFITS PROGRAM

Transcription

1 U.S. BENEFITS PROGRAM New Hire Benefits Orientation A Cushman & Wakefield Human Resources Communication July 2012

2 Agenda GLOBAL VISUAL IDENTITY REFRESH I. ENROLLMENT TIMEFRAME SLIDE(S) 2 II. ELIGIBILITY 3-5 III. ENROLLMENT OPTIONS 6 IV. MEDICAL 7-15 I. MEMBER TOOLS II. HEALTHY MOMS NEW PROGRAM INCENTIVE AVAILABLE III. URGENT CARE V. PRESCRIPTION DRUG PLANS VI. WELLNESS INCENTIVES 19 VII. FLEXIBLE SPENDING ACCOUNTS VIII. DENTAL COVERAGE IX. VISION COVERAGE X. GROUP LIFE INSURANCE & OPTIONAL LIFE 27 XI. DISABILITY (SHORT AND LONG TERM) XII. GROUP LEGAL PLAN 31 XIII. DOMESTIC PARTNER COVERAGE 32 XIV. RETIREMENT SAVINGS 33 XV. TRANSPORTATION BENEFTIS 34 XVI. VIP PROGRAM VOLUNTARY BENEFITS 35 XVII. HOLIDAYS AND PAID TIME OFF 36 XVIII. DOCMENT LINKS 37 XIX. PLEASE NOTE 38 1

3 ENROLLMENT TIMEFRAME As a new hire or rehired employee, you have 31 days from your date of hire/rehire to make your benefit elections. If you miss this deadline, you will have to wait until the following Plan Year s Open Enrollment Period to make benefit elections. Enrollments should be done online through ehr Employee Self Service. The ehr link is available through CWNow. For ease of enrollment, you may also click here and sign in with your PeopleSoft User ID and Password and select Benefits Enrollment. 2

4 ELIGIBILITY FOR BENEFITS Full-time, regular, or part-time employees working 30 or more hours per week. Commissioned employees of Cushman & Wakefield, Inc. or one of its subsidiaries or affiliates ( C&W ). Regular property employees not covered by a collective bargaining agreement. Qualified real estate agents or brokers who have elected treatment as a 3508 Broker under Internal Revenue code section The sole brokerage employee of a separate corporate entity that has entered into an exclusive Entity Broker agreement with C&W. 3

5 ELIGIBILITY FOR DEPENDENT BENEFITS SPOUSE / DOMESTIC PARTNER Your spouse a current spouse, opposite sex or same-sex, in a marriage that is legally recognized in the jurisdiction (State or Country) in which it is performed. Your domestic partner* of the same sex or opposite sex presenting the following documentation: Registered Domestic Partner Certificate or C&W Declaration of Domestic Partner Form and two of the following: A joint mortgage or lease Designation as a beneficiary for life insurance or retirement benefits Durable power of attorney for property and health care, i.e. a living will Proof of joint ownership of a motor vehicle, a joint checking or a joint credit account Other evidence of economic interdependence *Domestic partner benefits carry an intrinsic value which must be included in an employee s taxable income. CHILDREN Children can be covered as dependents until the end of the month in which the child turns age of 26. The term child also refers to: your legally adopted child; a child placed with you for the purpose of adoption; a child for whom you are the legal guardian; and a child of your domestic partner. HANDICAPPED CHILDREN Handicapped children can be covered regardless of age, who are not married and are physically and/or mentally disabled, provided the condition started before the age when coverage would have normally ended. 4

6 ELIGIBILITY FOR DEPENDENT BENEFITS UP TO AGE 29 To cover your eligible dependent under the New York State Age 29 requirement, you must: Currently have coverage under the Cushman plan and your dependent must be unmarried, and age 29 or under; not be insured by or eligible for comprehensive health insurance through his or her own employer; live, work, or reside in New York State or the health insurance s service area and not be covered under Medicare. Approximately 30 days before your age 26 dependent is terminated from the plan, the Benefits team will send you a notification regarding eligibility to enroll through age 29. Should you elect this option, the premium is set at of the rate. 5

7 BENEFIT ENROLLMENT OPTIONS Cushman and Wakefield offers a comprehensive employee benefits package for employees and their dependents and/or domestic partners. The C&W program includes the following options: Benefit Program Available and Cost Share Medical and Prescription Drug 1 401(k) Retirement Plan Dental 1 Vision Group Life 1 Short Term Disability 1 Employer and Employee Cost Share Voluntary Program Employer and Employee Cost Share Voluntary Program Employer Core Provided Employer Core Provided; Voluntary Available Long Term Disability 1 Employer Core Provided; Voluntary Available Flexible Spending Accounts (Health Care and Dependent Care) 3 Group Legal Transportation Benefits 2 Voluntary Benefit Selection Holidays/Paid Time Off Voluntary Program Voluntary Program Voluntary Program Voluntary Program Employer Provided 1 - Entity Brokers pay, core is not provided. 2 - Commissioned employees are not eligible for the Transit benefit. 3 - Individuals who receive a 1099 are not eligible for FSA. 6

8 MEDICAL COVERAGE Employees have a choice of three BlueCross BlueShield Plans, each provides nationwide access to providers without a referral. When enrolling, you have a choice of Employee Only Employee plus 1 Dependent Employee plus 2 Dependents Employee plus 3 Dependents Employee plus 4 or more Dependents 7

9 MEDICAL PLAN OPTIONS THREE MEDICAL PLAN OPTIONS You have three medical plan options to choose from; the Incentive Plan, the Choice Plan, and the Low Premium High Deductible Plan. Incentive Plan The BlueCross BlueShield Network Incentive Plan offers employees in-network care, which is covered at after applicable deductible and office visit and emergency room co-pays. Out-of-network coverage under this plan is catastrophic coverage. If you receive care out-of-network you will experience high deductible and coinsurance amounts. Choice Plan The BlueCross BlueShield Network Choice Plan allows you the flexibility to choose whether you receive in-network care, a network of health care providers who have agreed to provide health care at discounted fees, or out-ofnetwork care. If you use in-network providers, you benefit from lower deductible and coinsurance amounts than if you received care for out-of-network service. The in-network coverage is 85% of the discounted rate. Low Premium High Deductible Plan The BlueCross BlueShield Low Premium/Deductible Plan offers employees in-network care which is covered at 90% after an initial deductible is paid. Out-of-network coverage under this plan is also available. If you receive care out-of-network you will experience a higher deductible and coinsurance amounts. 8

10 COMPARISON OF MEDICAL AND PRESCRIPTION DRUG PLANS MEDICAL AND PRESCRIPTION PLAN COMPARISON BENEFIT BCBS NETWORK INCENTIVE / ESI RX PLAN BCBS NETWORK CHOICE / ESI RX PLAN BCBS LOW PREMIUM/ DEDUCTIBLE / ESI RX PLAN In-Network Out-of-Network In-Network Out-of-Network In-Network Out-of-Network DEDUCTIBLE Employee Only Employee +1 Family $250 $400 $550 $5,000 $10,000 $15,000 $600 $1,000 $1,200 $1,200 $2,400 $2,800 $1,500 $3,000 $4,500 $3,000 $6,000 $9,000 COINSURANCE after ded. 85% after ded 90% after ded OUT-OF POCKET MAX (includes deductible) Employee Only Employee +1 Family $250 $400 $550 $25,000 $50,000 $75,000 $1,950 $3,850 $4,400 $4,050 $8,050 $8,500 $4,000 $8,000 $12,000 $8,000 $16,000 $24,000 LIFETIME MAX Unlimited Unlimited Unlimited Unlimited Unlimited Unlimited DOCTOR VISIT Office Specialist $25 copay $40 copay $30 copay $40 copay 90% after ded 90% after ded 9

11 COMPARISON OF MEDICAL AND PRESCRIPTION DRUG PLANS MEDICAL AND PRESCRIPTION PLAN COMPARISON BENEFIT BCBS NETWORK INCENTIVE / ESI RX PLAN BCBS NETWORK CHOICE / ESI RX PLAN BCBS LOW PREMIUM/ DEDUCTIBLE / ESI RX PLAN In-Network Out-of-Network In-Network Out-of-Network In-Network Out-of-Network CHECK-UPS Annual Physical Not Covered Not Covered Not Covered Annual Pap Smear Pediatric Physical SCREENINGS Mammogram Prostate Colorectal INPATIENT HOSPITAL* after ded 85% after ded 90% after ded EMERGENCY ROOM $150 copay (waived if admitted) $150 copay (waived if admitted) $150 copay (waived if admitted) $150 copay (waived if admitted) 90% after ded MENTAL HEALTH / SUBSTANCE ABUSE Inpatient ** Outpatient $25 copay 85% after ded $30 copay 90% after ded 90% after ded * Precertification required ** prior authorization required 10

12 COMPARISON OF MEDICAL AND PRESCRIPTION DRUG PLANS RETAIL AND MAIL ORDER PRESCRIPTIONS MEDICAL AND PRESCRIPTION PLAN COMPARISON BENEFIT PRESCRIPTIONS BCBS NETWORK INCENTIVE / ESI RX PLAN BCBS NETWORK CHOICE / BCBS LOW PREMIUM/ DEDUCTIBLE / ESI RX PLAN ESI RX PLAN In-Network Out-of-Network In-Network Out-of-Network In-Network Out-of-Network Retail (up to 30 days) Generic $10 copay $10 copay + 25% $15 copay $15 copay + 25% $15 copay $15 copay + 25% Brand Formulary Brand Non- Formulary $25 copay $50 copay $25 copay + 25% $50 copay + 25% $25 copay $50 copay $25 copay + 25% $50 copay + 25% $25 copay $50 copay $25 copay + 25% $50 copay + 25% Mail Order (up to 90 days) Generic Brand Formulary Brand Non- Formulary $20 copay $50 copay $100 copay Not covered Not covered Not covered $30 copay $50 copay $100 copay Not covered Not covered Not covered $30 copay $50 copay $100 copay Not covered Not covered Not covered Locate a participating pharmacy, check co-pays, track an order, request a refill online at Entity Brokers pharmacy benefits are provided by BCBS. 11

13 MEDICAL AND PRESCRIPTION PLAN BENEFIT During the plan year, be on the lookout for the red and blue Educate and Empower arrows in future C&W communications. These arrows will help you identify the different actions, programs, and tools that have been designed to assist you in taking control of your health. Together we can make a difference! BENEFITS EDUCATE 12

14 BLUECROSS BLUESHIELD add number MEMBER ACCESS AND TOOLS ALL THREE BCBS PLANS Give members access to the Nationwide BlueCard program Utilize BCBS PPO provider network Cover services both in-network and out-of-network BENEFITS EDUCATE BCBS MEMBER TOOLS Find a Doctor Online access to claim information Toll free member service number /7 Nurseline immediate support when you need help MyHealth, powered by WebMD one stop access to health information Health Risk Assessment identify health risks Condition Management Programs help you understand and manage chronic conditions such as asthma, high blood pressure, and diabetes Healthy lifestyles online programs to help you quit smoking, manage stress, get active, and eat nutritiously 13

15 TOOLS AND RESOURCES NEW PROGRAM FUTURE MOMS A voluntary service for moms-to-be Toll free, round-the-clock access to information and support from registered nurses Educational materials - what to expect week to week Consultations with dieticians, exercise physiologists, and pharmacists Post-delivery support and service ENROLLMENT INCENTIVE RECEIVE A $50 INCENTIVE IF YOU ENROLL IN THE PROGRAM DURING YOUR FIRST TRIMESTER. BENEFITS EDUCATE 14

16 URGENT CARE BLUE CROSS BLUE SHIELD PLANS Walk-in clinics and Urgent Care Centers are alternatives to a hospital emergency room for medical problems that occur over the weekend and need immediate attention, but are not life threatening. These facilities are more cost effective and usually have much shorter waiting times for treatment. Use in-network providers for the lowest out-of pocket maximum; most often you are only responsible for the in-network physician co-pay. C&W has made a special arrangement with Anthem so that your share of the cost in these situations will be limited to the lesser of 30% of the reasonable and customary charge or $75. 15

17 PHARMACY CLINICAL PROGRAMS ZERO DOLLAR COPAY OFFER AND SELECT HOME DELIVERY Express Scripts is working with C&W to be sure you get the right medication to treat your condition at the most affordable price for both you and the company. ZERO DOLLAR CO-PAY OFFER For most people, therapeutic equivalent generic drugs work just as well as brand name drugs, but cost a lot less. Express Scripts will let you know if you are eligible for ZERO dollar co-pay program, and provide information for you to share with your prescribing doctor who can write a new prescription. Under the Zero Dollar co-pay program, your copayment can be waived up to 6 months when you convert to a generic alternative. SELECT HOME DELIVERY Home Delivery is a safe, convenient, and economical way for members to fill prescriptions for maintenance drugs. When you use Home Delivery, you can get up to 3 months supply for the price of 2 months at the retail pharmacy. Express Scripts will ask you to make a choice about how you fill you prescriptions for maintenance drugs. You can select: 1. Home Delivery, or 2. Retail pharmacy You must notify Express Scripts of your choice prior to the 3rd time you fill your prescription at a retail pharmacy, or you will have to pay the full cost until your selection is made. 16

18 NEW PHARMACY CLINICAL PROGRAMS STEP THERAPY AND PRIOR AUTHORIZATION STEP THERAPY Step therapy will apply if you are taking a brand drug and a generic or lower cost prescription is available. Your physician must get approval from Express Scripts to be covered for a non step therapy prescription. You can call Express Scripts to determine if your prescription requires Step therapy ( ). PRIOR AUTHORIZATION Designed for patient safety, Express Scripts has developed a list of medications with a high potential for inappropriate use. If a physician prescribes one of the drugs requiring Prior Authorization (PA), the pharmacist will check to see if there is a PA on file. If no PA is on file, the pharmacist can ask your doctor to contact Express Scripts Prior Authorization Department for a review (24 hours a day). If clinical criteria is met, the prescription will be covered under the drug program. To determine if Prior Authorization is required for your prescription, call Express Scripts ( ). A list of medications can be found on CWnow under the Employee Resources Tab, click on HR Policies Benefits and Retirement Benefits and Retirement Planning Open Enrollment. 17

19 SPECIALTY DRUGS CURASCRIPT Express Scripts is the preferred source of specialty medications for the treatment of complex chronic diseases such as multiple sclerosis, hemophilia, cancer, and rheumatoid arthritis. Prescriptions for specialty drugs, whether purchased in a retail network pharmacy, or CuraScript, are limited to a 30 day supply because the dosage may change on a frequent basis. Once you are using the Curascript program, CuraScript will call your doctor to obtain a prescription, and then call you to schedule delivery. CuraScript prescriptions can be delivered to your home, workplace, or doctor s office within 48 hours of ordering. To learn more about CuraScript, call

20 WELLNESS INCENTIVES Maintaining a healthy life style is important. It is also important to identify health risks early to prevent them from getting worse. To help you identify and manage these risks, the company is offering incentives to employees enrolled in BCBS medical plan. BENEFITS EDUCATE Wellness Incentive $100 upon completion of your annual exam, and completion of the online Health Risk Assessment. Well visits are covered at under all three medical plans. 19

21 FLEXIBLE SPENDING ACCOUNTS HCSA AND C/ECSA HCSA Health Care Spending Account: This account may be used to pay for eligible medical, prescription, dental, vision and other eligible out-of-pocket expenses that are not covered by insurance plans. You may contribute using before-tax payroll deductions of a minimum of $100 to a maximum of $2,500 or 50% of pay whichever is less. Health Care Spending Account participants will also receive a Benefit Card to pay for eligible medical, prescription, dental, and vision care expenses at the point of sale or service. This benefit is not available to a 3508 Statutory Employee under IRS section C/ECSA Child/Elder Care Spending Account*: This account may be used to pay for certain child/elder care expenses using before-tax pay deductions of a minimum of $100 to a maximum of $5,000 for married employees filing a joint tax return and single employees, or maximum of $2,500 for married employees filing separately. This benefit is not available to Entity Brokers or 3508 Statutory Employees under IRS section *Please note that sleep away camp is not reimbursable under this plan 20

22 FLEXIBLE SPENDING ACCOUNTS HEALTH CARE SPENDING ACCOUNT (HCSA) $2,500 annual maximum effective April 1, Internal Revenue Rules for plans begin on/ or include January 1, A Debit Card will be provided for the Health Care Flexible Spending Account to use at most healthcare related merchants. Can be used with all three BCBS medical and Express Scripts prescription plans. Certain over the counter (OTC) medications are covered with a doctor s prescription. CHILD / ELDER CARE SPENDING ACCOUNT (C/ESCA) $5,000 annual maximum set by the Internal Revenue Service To qualify for reimbursement, day care must be necessary so that you and your spouse, if married, can work or go to school full time. Claims can be reimbursed only up to the amount of pre-tax contributions in your account when your claim is submitted. Important Facts Administered by BlueCross BlueShield Brokers and Entity Brokers are not eligible. Pre-tax payroll deductions. Deducted in equal installments each pay period. Annual election no mid year changes except for qualified life event changes. Two accounts separate elections and balances do not cross apply. For a listing of eligible HCSA expenses review IRS Publication

23 FLEXIBLE SPENDING ACCOUNTS IMPORTANT NOTE Important Note: C&W is taking advantage of an IRS regulation that gives employees a 2 ½ month extension or grace period to incur eligible expenses before the use it or lose it provision is applied. Example: Participants in the Flexible Spending Accounts will have until June 15, 2013 to incur eligible expenses, and until September 30, 2013 to submit these claims before any funds remaining in the Accounts are lost. Claims incurred from April 1, 2013 to June 2013 will have to be submitted via paper directly to ADP. 22

24 DENTAL COVERAGE You have two MetLife dental plan options to choose from; the Preventive Plan and the Comprehensive Plan. 1. The Preventive Plan is designed for individuals who typically only need basic dental care. 2. The Comprehensive Plan pays up to $2,000 per individual per year for basic and major services, such as crowns. When enrolling, you have a choice of: Employee Only Employee plus 1 Dependent Employee plus 2 or More Dependents The Plans have in-network providers who will charge plan members discounted fees. 23

25 SUMMARY OF THE DENTAL PLANS DENTAL PLAN COMPARISON BENEFIT PREVENTIVE DENTAL PLAN COMPREHENSIVE DENTAL PLAN In-Network Out-of-Network* In-Network Out-of-Network* Deductible $50 per person $150 per family $50 per person $150 per family Preventive Care (no ded.) (no ded.) (no ded.) (no ded.) Basic Care 50% 50% 80% 80% Major Care Not Covered Not Covered 50% 50% Child Orthodontia Not Covered Not Covered 50% 50% Annual Dental Max. Benefit Child Orthodontia to age 19 Lifetime Orthodontic Max Benefit $500 $500 $2,000 $2,000 Not Covered Not Covered 50% 50% NA NA $2,000 $2,000 * Out-of-network coverage is subject to Reasonable & Customary (R&C) levels. 24

26 VISION PLAN Coverage provider is United Healthcare. You have an enrollment choice of: Employee Only Employee plus 1 Dependent Employee plus 2 or More Dependents 25

27 SUMMARY OF THE VISION PLAN VISION PLAN SUMMARY BENEFIT NETWORK PROVIDER NON-NETWORK PROVIDER Eye Exam (once every 12 months) $10 co-pay Reimbursement up to $40 Materials (applies to eyeglass purchase lenses & frames or contacts) $20 co-pay NA Lenses (once every 12 months) Single vision Reimbursement up to $40 Bifocal Reimbursement up to $60 Trifocal Reimbursement up to $80 Lenticular Reimbursement up to $80 Frames (once every 12 months) Up to $130 allowance Reimbursement up to $45 Contact Lenses - in lieu of eyeglasses (once every 12 months) Elective Contact Lenses Reimbursement up to $125 Necessary Contact Lenses after applicable co-pay Reimbursement up to $210 In-network Different copay s will apply for specialized lenses i.e. high index and progressive lenses. 26

28 LIFE INSURANCE CORE LIFE INSURANCE C&W provides core coverage of 1 ½ times your earnings up to $50,000 (except Entity brokers). OPTIONAL LIFE INSURANCE FOR YOU Life insurance in multiples of ½ to 5 times benefit earnings. $2 million combined maximum combined Core and Optional. Guarantee Issue maximum of $1,000,000 combined Core and Optional for new hires**. Guarantee issue means that no medical exam or health questionnaire will be required for this portion of the coverage. FOR YOUR SPOUSE/DOMESTIC PARTNER:* 50% of your Core amount, or up to half the amount of your optional coverage to a maximum of $150,000**. Reliance Standard Life Insures the C&W core and optional life insurance plans. Optional Life Rates Rates are based on age band and smoker or nonsmoker status. FOR DEPENDENT CHILDREN:* Provides a $4,000 benefit for each child over six (6) months. *Entity Brokers not eligible for dependent Optional Life Insurance. **Evidence of insurability rules apply for late entrants and request above one level. 27

29 SHORT-TERM DISABILITY (STD) Core and Optional Short-Term Disability benefits are provided to all eligible associates based on their division: Salaried (Corporate) and Property employees are provided with a core and buy-up benefit Entity brokers are provided with voluntary benefits only For specific information on the plan design go to the presentation page indicated below. Additionally, the links on page 35 will bring your directly to the new hire guide in Cwnow. Salaried Corporate page 38 Property page 39 Brokers page 40 28

30 LONG-TERM DISABILITY (LTD) Available for employees working 30 or more hours per week. The LTD plan pays a monthly benefit based on Benefits Earnings and plan option chosen. This benefit is provided for a disability lasting longer than 180 days. CORE LONG-TERM DISABILITY INSURANCE DOES NOT APPLY TO ENTITY BROKERS C&W provides 60% of covered benefit earnings up to $1,500/month after 180 days of consecutive disability. OPTIONAL LONG-TERM DISABILITY INSURANCE AVAILABLE IF BENEFIT EARNINGS ARE OVER $30,000 You have the opportunity to purchase additional coverage equal to 60% of earnings to a maximum of $24,000/month. Benefit begins after 180 days of consecutive disability. Reliance Standard Life Insures the C&W core and optional LTD plans. Optional LTD Rates No change in rates except for age, salary, and/or benefit earnings related to premium increases. 29

31 LEGAL PLAN The plan, administered by Hyatt Legal Group (a MetLife Company) provides you with legal services for many issues, which require the assistance of an attorney. Coverage is voluntary and available for you, your spouse or domestic partner, and your dependent children. Hyatt Legal has a large network of participating attorneys. Services include: Preparation of wills, living wills, codicils, and powers of attorney Sale and purchase of primary residence Tenant negotiations Adoption and uncontested guardianship Name change Plus much more 30

32 DOMESTIC PARTNER COVERAGE Domestic partner coverage is available on an after tax basis for employees who enroll in medical, dental, vision, or legal coverage. Domestic partner life insurance coverage is also an option. Backup documentation is required for enrollment. Please Note: Any additional amount that Cushman & Wakefield, Inc. pays to cover your domestic partner and/or your domestic partner s children is taxable income to you. This is called imputed income and you will have to pay federal, state and local taxes as well as FICA and Medicare on this amount. The total amount of your imputed income will be reported in your W-2 or 1099 earnings. 31

33 RETIREMENT SAVINGS PLAN 401(k) RETIREMENT PLAN Corporate Salaried and Draw brokers may be eligible An electronic enrollment kit will be ed to your address from JPMorgan after you start. Additionally, a copy of the enrollment kit is also available on CWnow. You can enroll by phone by calling JPMorgan at or on line at 32

34 TRANSPORTATION BENEFITS The C&W Commuter Program is available to set aside a portion of your compensation on a before-tax basis to pay for out-of-pocket, work-related parking and mass transit commuting expenses. The payroll deductions are subject to government-regulated amounts. For additional information and to enroll, go to the WageWorks website at or call Please note: Commission based employees are not eligible for this plan. 33

35 VOLUNTARY INSURANCE PROGRAM (VIP) The Voluntary Insurance Program (VIP) is designed to provide employees with a simple and convenient method to purchase valuable insurance coverage at a discounted rate. New hires may enroll in this coverage by calling from Monday through Friday from 8:00 am EST 5:00 pm EST. Transamerica Universal Life Insurance MetLife Critical Illness Coverage MetLife Voluntary Accidental Death and Dismemberment MetLife Voluntary Pet Insurance AFLAC Personal Accident Insurance (products vary by state) AFLAC Personal Sickness Insurance (products vary by state) 34

36 DOCUMENT LINKS To open each link below, please right click on the mouse and select the Open Hyperlink option. Corporate (Salaried & W2/3508 Broker) New Hire Summary Entity Broker New Hire Summary Property New Hire Summary 35

37 PLEASE NOTE This information is intended to provide, for informational purposes only, a brief description of provisions of the Cushman & Wakefield employee benefit plans and policies that are relevant to your election decisions. More specifically, the open enrollment information does not fully describe all exclusions from and limitations of the coverage's provided by those plans and policies. Please consult your summary plan description for that information. If you have any questions, please contact your Operations Manager, or US Human Resources. Please understand that this document does not change, amend, or otherwise interpret the terms of the legal or official documents of regulatory filings governing these plans and policies. If you believe that any of the information contained in this document is or may be inconsistent with the information in your summary plan description, be sure to ask for clarification. The terms and provisions of the summary plan description and the official plan documents will govern in all cases. Although Cushman & Wakefield, Inc. has no present intention to amend, modify or terminate any employee benefit plan currently in effect, Cushman & Wakefield, Inc. reserves the right to amend, modify, or terminate any employee benefit plan or policy for any reason, and at any time in the future. 36

38 Any Questions? Contact the Benefits Department at or via at 37

39 SHORT-TERM DISABILITY (STD) SALARIED EMPLOYEES When a non-occupational illness or injury prevents you from working, short-term disability benefits may provide continuation of your pay for up to 25 weeks. Eligibility for Core STD benefits is at no cost to you. Benefit level and duration of benefits is based on your length of service. There is no length of service requirement for optional coverage. Ability to purchase up to 25 weeks of Optional STD* to supplement core STD plan. Coverage Core STD Optional STD Benefit Covers of base weekly compensation Covers 70% of base weekly compensation Benefit Begin 8 th day of an illness/injury (1 st day if hospitalized for 24 hours) 8 th day of an illness/injury (1 st day if hospitalized for 24 hours) LENGTH OF SERVICE CORE WEEKS OPTIONAL WEEKS Benefit Less than 6 months months to 1 year or 2 years or 4 years or 6 years or 8 years or more years 25 0 * Core and Optional STD benefit period cannot exceed 25 weeks 38

40 SHORT-TERM DISABILITY (STD) PROPERTY EMPLOYEES Coverage Core STD Optional STD Benefit Benefit Begin Covers 70% of base weekly compensation up to $1,000 per week 8 th day of an illness/injury (1 st day if hospitalized for 24 hours) Covers 70% of base weekly compensation up to $1,000 per week 8 th day of an illness/injury (1 st day if hospitalized for 24 hours) Benefit Period Based on Length of Services LENGTH OF SERVICE CORE WEEKS OPTIONAL WEEKS Benefit Less than 6 months months to 1 year or 2 years or 4 years or 6 years or 8 years or more years 25 0 Core and Optional STD benefit period cannot exceed 25 weeks 39

41 SHORT-TERM DISABILITY BROKERS VOLUNTARY SHORT-TERM DISABILITY (STD) AVAILABLE TO BROKERS ONLY Benefits begin on the 15th day of disability due to a non work related accident or sickness. The weekly benefit will equal 60% of weekly income to a maximum of $2,500. Benefits for one period of disability can be paid for up to 26 weeks. Maternity coverage is included. Pre-existing conditions are excluded for the first 6 months of coverage. You may be asked to complete a health questionnaire. **ENTITY BROKERS ARE NOT ELIGIBLE 40

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