RIVERSIDE TRANSIT AGENCY FULL-TIME ATU EMPLOYEES NEW HIRE ENROLLMENT OVERVIEW 2015

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1 RIVERSIDE TRANSIT AGENCY FULL-TIME ATU EMPLOYEES NEW HIRE ENROLLMENT OVERVIEW 2015 Riverside Transit Agency (RTA) is extremely prud f the package f benefits available t yu. The benefits package prvided t yu is an extremely valuable part f the ttal cmpensatin yu receive as an RTA emplyee, and thughtful cnsideratin shuld be given t yur chices in rder t achieve the greatest return frm this pprtunity. BENEFITS ELIGIBILITY EMPLOYEES All active full-time emplyees qualify fr cverage under the benefit plans describe in this summary. DEPENDENTS Dependents eligible fr cverage are defined as fllws: Yur legal spuse Yur registered dmestic partner with the Califrnia Secretary f State Medical Plans Married / unmarried children frm birth t age 26 if they are natural brn, adpted, stepchildren, r children fr whm yu are a curt appinted legal guardian. Supprting dcumentatin will be required. Dental and Visin Plans Unmarried children frm birth t age 19 (up t age 23 fr full-time students) if they are natural brn, adpted, stepchildren, r children fr whm yu are a curt appinted legal guardian. Supprting dcumentatin will be required. Yur eligible dependent children ver age 19 (dental and/r visin) r ver age 26 (medical), wh are incapable f self-supprt due t a physical r mental disability. Dcumentatin f dependent status may be requested. Failure t prvide dcumentatin may result in cancellatin f cverage. COVERAGE EFFECTIVE DATE The effective date f cverage will be the 1 st f the mnth fllwing 30 days f emplyment. T enrll in the benefits mst apprpriate fr yu, yu will be required t cmplete the enrllment frms prvided t yu during yur new hire benefits rientatin. New emplyees d nt need t wait fr an Open Enrllment perid; they are eligible fr enrllment regardless f the date they begin emplyment, prvided that they enrll within 30 days frm their benefits effective date. Once enrlled, hwever, new emplyees becme subject t the rules gverning all emplyees, and n benefit changes can be made until the next Open Enrllment Perid withut a Qualifying Status Change event. It is extremely imprtant; therefre, that new emplyees carefully cnsider the wide array f ptins available befre making final cverage chices. ENROLLMENT DEADLINE If yu are a newly-hired full-time emplyee, yu have 30 days frm yur benefits effective date t enrll in the benefits plan in which yu are eligible.

2 MEDICAL INSURANCE The Riverside Transit Agency pays fr the full-time emplyee health premium up t the lwest HMO medical premium in CalPERS based n emplyee-nly rate in Riverside Cunty and cntributes $420 twards the dependents mnthly premiums. PPO cverage is ffered; hwever, RTA will pay up t the lwest HMO as specified abve. Please refer t the attached rate sheet fr a list f health plans and rates currently being ffered. IN-LIEU-OF MEDICAL CONTRIBUTION The Riverside Transit Agency gives yu the ptin t waive yur medical insurance cverage and elect an RTA cntributin f $110 per mnth t yur 457 deferred cmpensatin accunt in lieu f medical cverage fr yurself. Yu will need t prvide prf f ther cverage. Yu may als be eligible fr an additinal $110 per mnth if yu have eligible dependents that yu d nt wish t cver n the medical insurance. Prf f dependent status will be required (i.e. Marriage certificate and/r birth certificate). Yu may elect t enrll in ur medical plan and waive medical cverage fr yur eligible dependents. The maximum mnthly amunt that yu can receive is $220 ($110 fr yurself and $110 fr dependents). RETIREE MEDICAL The Riverside Transit Agency prvides eligible retirees and their dependents medical benefits as fllws: Emplyees hired n r befre June 22, 2006, are age 50 and have five (5) years f service credit with CalPERS, are eligible fr: Cntributin up t lwest HMO retiree medical cverage in CalPERS based n emplyee nly rate in Riverside Cunty. PPO available at additinal cst. Cntributin tward dependent medical cverage. Emplyees hired after June 22, 2006, are age 50 and have ten (10) years f active full-time RTA service are eligible fr: Cntributin up t lwest HMO retiree medical cverage in CalPERS based n emplyee nly rate in Riverside Cunty. PPO available at additinal cst. DENTAL INSURANCE The Riverside Transit Agency pays fr the full-time emplyee nly HMO dental premium. Metlife Dental Plan is the current carrier. PPO cverage is ffered; hwever, RTA will pay up t the HMO emplyee nly premium. Please refer t the attached rate sheet fr rates. VISION INSURANCE The Riverside Transit Agency des nt cntribute tward the premium. Blue View Visin Plan is the current carrier in which yu can treat with their prviders r a prvider utside f their netwrk. Please refer t the attached rate sheet fr rates. LIFE INSURANCE The Riverside Transit Agency prvides cmpany paid life insurance t yu in the amunt f $32,000. SUPPLEMENTAL LIFE INSURANCE Supplemental life insurance is available frm Standard Life at yur wn expense fr yurself, spuse, and children. Emplyee ptinal life - cverage can be purchased up t 5 times yur cvered annual earnings, nt t exceed $250,000. New hires may elect up t $200,000 withut medical underwriting. Spuse ptinal life - cverage can be purchased up t $250,000, nt t exceed 100% f the emplyee ptinal term cverage amunt. New hires can elect up t $20,000 spuse life withut medical underwriting. Children ptinal life- cverage can be purchased up t $10,000, nt t exceed 100% f the emplyee ptinal term cverage amunt. New hires can elect child life withut medical underwriting.

3 AD&D LIFE INSURANCE Accidental death and dismemberment life insurance is available frm Standard Life at yur wn expense fr yurself, spuse, and children. Cverage can be purchased up t $350,000 withut medical underwriting. AFLAC INSURANCE Yu may elect tw vluntary plans frm Aflac at yur wn expense fr yurself, spuse and children. The Grup Accident Plan- pays a benefit fr the treatment f injuries suffered as the result f a cvered accident utside f wrk. The Grup Critical Illness Plan- prvides a lump-sum benefit fllwing the diagnsis f specific cvered critical illnesses. New hires may elect up t $20,000 withut medical underwriting. Pre-existing cnditin prvisins still apply. PAID TIME OFF Yu are entitled t the fllwing paid time ff: Hlidays six (6) fixed hlidays and five (8) flating hlidays. There is n waiting perid t be eligible fr the fixed hliday pay. Vacatin 10 days f paid vacatin in the first three years f emplyment up t a maximum f 30 days at 24 years and after. Sick leave 7 days f paid sick leave n yur first year anniversary up t a maximum f 12 days at five (5) r mre year s cntinuus full-time service. Yu will have the ptin twice a year t cash ut yur unused sick time by putting the mney int yur deferred cmpensatin plan r receiving the mney in cash. Sick time can als be cnverted t service credit fr retirement purpses. Otherwise, sick time can be carried ver frm year t year up t a maximum f 1040 hrs. Leave f Absence Jury duty will be paid. Bereavement Leave Up t fur (4) days will be paid when death f immediate family ccurs in the state and five (5) when death ccurs ut f the state. RETIREMENT The Riverside Transit Agency cntracts with the Califrnia Public Emplyees Retirement System (CalPERS) t administer the retirement benefits. The retirement benefits prvide fr: 2% at 62 this is the current benefit factr frmula, in additin t yur age at the time f retirement, used in determining the percent f pay t which yu are entitled t fr each year f service. The emplyee cntributin rate is 6.25%. New hires with previus CalPERS membership r membership with anther emplyer wh has established reciprcity with CalPERS shuld cnsult the Human Resurces Department t determine if they are eligible t be in the 2% at 55 benefit factr frmulas. Service retirement eligible at age 52 with five (5) years f CalPERS service credit. New hires with previus CalPERS membership r membership with anther emplyer wh has established reciprcity with CalPERS shuld cnsult the Human Resurces Department t determine if they are eligible at age 50 with five (5) years f CalPERS service credit. Disability retirement if yu have a disabling injury r illness that prevents yu frm perfrming yur jb duties, yu may be eligible fr this benefit. Yu must have a minimum f five (5) years f CalPERS service credit t be cnsidered. Survivr and Death Benefit may be payable t the named beneficiary upn the death f an active r retired CalPERS member. There is n emplyee and emplyer cntributin t Scial Security due t enrllment in the CalPERS retirement benefits. All emplyees are respnsible fr the CalPERS emplyee cntributin rate f 6.25% f base pay. Eligible new hires with previus CalPERS membership r membership with anther emplyer wh has established reciprcity with CalPERS are respnsible fr the CalPERS emplyee cntributin rate f 7% f base pay.

4 457 DEFERRED COMPENSATION This is a tax-savings retirement accunt ffered thrugh Great West in which yu can make pre-tax cntributins up t $18,000 (IRS limit fr 2015) if under age 50; and, up t $24,000 per year if ver age 50. OTHER BENEFITS Emplyee Assistance Prgram (EAP) cnfidential cunseling available fr all emplyees and their immediate family members. Sectin 125- All deductins fr the medical, dental and visin insurance are taken pre-taxed. Membership t Credit Unin Direct Depsit Wrkers Cmpensatin State Disability Insurance Transprtatin Pass

5 RTA CONTRIBUTION RATES JANUARY 1, DECEMBER 31, 2015 ALL FULL-TIME EMPLOYEES Mnthly Premium RTA Cst Per Mnth Emplyee Cst Per Mnth Emplyee Cst Per Pay Perid Blue Crss Emplyee nly HMO Emplyee & 1 dependent Emplyee & 2+ dependents Kaiser Emplyee nly HMO Emplyee & 1 dependent Emplyee & 2+ dependents Blue Crss Emplyee nly HIGH Optin PPO Emplyee & 1 dependent Emplyee & 2+ dependents Blue Crss Emplyee nly LOW Optin PPO Emplyee & 1 dependent Emplyee & 2+ dependents Metlife Emplyee nly PPO Dental Emplyee & 1 dependent Emplyee & 2+ dependents Metlife Emplyee nly HMO Dental Emplyee & 1 dependent Emplyee & 2+ dependents Blue View Visin Emplyee nly Emplyee & 1 dependent Emplyee & 2+ dependents