Job Opportunities - Benefits BENEFIT PACKAGE FOR FULL-TIME EMPLOYEES The Town of Silverthorne offers an excellent comprehensive benefit package that includes: ICMA 401 (a) Retirement plan takes place of Social Security. Employee is vested day one. Employee pays 7.5%; employer pays 10.5%; total, 18%. Fund allocations may be changed at any time. Personal Time We have combined vacation and sick days into personal time. New employees receive 22 days per year, accrued at a rate of 6.769 hours per pay period. Maximum accrual for first five years is 480 hours; hours may be carried forward. Holidays 11 holidays per year, includes one floating holiday. Flexible Benefit Plan A cafeteria-style plan providing a variety of benefits to meet your individual needs (see separate handout). New-hire Pay Increases Newly hired employees may be eligible for up to a 3.5% pay increase after six months of employment. Computer Loan Program The Town provides one-year, interest-free loans to assist employees in purchasing computers. Bilingual Incentive Program Employees proficient in Spanish may be eligible for bonus pay, depending on their fluency level. Shop Maintenance Use Employees have access to the Public Works Maintenance facility to wash their cars. ROTH IRA & 457 Deferred Compensation ICMA savings plans available through payroll deduction. Wellness Program Healthy Profiles provides annual, on-site blood work, blood pressure & health risk assessment. Healthy Steps encourage employees to live a more active lifestyle. Bonuses Exceptional performance above and beyond normal responsibilities may be rewarded financially. Tuition Reimbursement Plan Offers up to $5,000 / yr reimbursement for college tuition. Employee Assistance Program Provides counseling services for employees and their families via the Internet, phone or in person. FLEXIBLE BENEFIT PLAN FOR FULL-TIME EMPLOYEES The Town of Silverthorne’s flexible-benefit-plan represents a significant contribution toward the total compensation package: Health Insurance Doctor, prescription drug and hospital coverage; Sloans Lake PPO network. Employees pay 20% of their health insurance cost. Life Insurance/ Accidental Death & Dismemberment Ins. Group life insurance in the amount of annual salary and Accidental Death & Dismemberment coverage. Additional life insurance is optional. Disability Coverage Long-term and short-term disability provides 60% income replacement during non-work-related illness or injury. Dental Insurance Coverage to help with dental and orthodontic needs. Vision Insurance Coverage for eye-related needs. Section 125 Café Plan Provides pre-tax reimbursements for health care and dependent care expenses. Fitness Reimbursement Program Pre-tax reimbursements for Silverthorne Recreation Center memberships at discounted rates, and after-tax reimbursements for fitness-related items; i.e., ski pass, bicycle, or tennis shoes. Housing Purchase or Rental Assistance Programs Employees may allocate funds for the purchase of a primary residence. New-hires may allocate money for rent. Funds are considered taxable income, but as long as the employee is employed with the Town over the course of the Housing or Rental Agreement, the money is considered interest-free and no payback to the Town is required. 457 Deferred Compensation A pre-tax avenue to save money for retirement, accessible without penalty upon separation; may be rolled into a 401 or IRA plan. Roth IRA A taxable avenue to save money for retirement. Supplemental Insurance Accident and Cancer supplemental coverage through Colonial Life.