8
LegalShield Voluntary Benefits
LegalShield gives you the ability to talk to an attorney
on any personal legal matter, no matter how trivial or
traumatic, all without worrying about high hourly costs.
LegalShield Identity Theft Plan equips you with the
information and expertise you need to help prevent
theft and resolve issues related to identity theft. The
plan covers not only you and your spouse but can also
include any dependent under the age of 18 with the
addition of Safeguard for Minors.
Refer to the LegalShield brochures which detail the
specifics about each program offering or visit
www.legalshield.comfor more details.
403(b) Vesting
Vesting refers to your right of ownership to the money in
your account. Keep in mind you always own the
money you contribute to your account and all of the
interest earned on those contributions. However, you
earn the right to keep any money that SLFHC contributes
to your account and the earnings on those contributions
over time.
The vesting schedule is as follows:
For More Information
For additional details about the 403(b) Retirement
Savings Plan or to change your investment elections,
please logon to
www.principal.com.LegalShield/Identity
Theft
Employee
Per Pay Period Cost
LegalShield Only
$9.48
Identity Theft Only
$7.48
LegalShield & Identity Theft
$14.45
Completed Years of
Service
Percent Vested
1
20%
2
40%
3
60%
4
80%
5
100%
LegalShield/Identity
Theft
Employee
Per Pay Period Cost
LegalShield Only
$9.48
Identity Theft Only
$7.48
LegalShield & Identity Theft
$14.45
Completed Years of
Service
Percent Vested
1
20%
403(b) Retirement Savings Plan
The SLFHC 403(b) Retirement Savings Plan offers a convenient way to save
for your future through payroll deductions.
Eligibility
You will
automatically
be enrolled at a
5%
contribution level upon hire.
Unless you make a change, your contribution will automatically increase by
1% January 1st up to a maximum of 10%.
Employee Contributions
Contributions from your pay are made on a pre-tax basis, up to the IRS
annual limit. If you are 50 years of age or older (or if you will reach age 50
by the end of the year), you may make a catch-up contribution in addition
to the normal IRS annual limit.
The 2017 IRS annual limit for salary deferral is $18,000; plus $6,000 if 50 or
older and making ‘catch-up’ contributions.
Sun Life Family Health Center’s Matching Contribution
After completing one year of service in which you worked at least 1,000
hours, you are eligible to begin receiving matching contributions from
SLFHC.
The 403(b) match for 2017 is 100% of the first 1% contributed by
employees. Depending upon SLFHC performance, there may be an
additional discretionary match at year end to those participants active on
the last day of the Plan year.