Trust Position Benefits
The Wilson Center provides a comprehensive and competitive benefits package to its Trust employees which include insurance, retirement and work/life benefits.
MEDICAL, DENTAL AND VISION: Wilson Center’s healthcare offerings include competitive medical, dental, and vision plans. Each plan has different benefits and different prices. The Center shares the cost of the premium for the medical and dental plans. Premiums are collected on a pay period/bi-weekly basis through payroll deductions (pre-tax unless the employee elects otherwise).
FLEXIBLE SPENDING ACCOUNTS (HEALTH & DEPENDENT CARE): Flexible Spending Accounts (FSA) allow employees to set aside a portion of their salary to be used as reimbursement for qualified health and dependent care expenses. The taxable salary is reduced by the amount set aside in their accounts.
LIFE INSURANCE: The Wilson Center covers eligible employees for an amount of Basic life insurance coverage equal to one times their salary up to the Center's policy limits, subject to the IRS regulations for the group-term life insurance. Eligible employees may also enroll in optional life insurance coverage at additional cost.
DISABILITY INSURANCE: The Long-Term Disability (LTD) plan provides for the replacement of at least 60% of employee’s monthly base salary up to a maximum monthly benefit of $10,000 in the event of total disability. Disability benefits, when approved, are payable following 180 days of continuous disability as defined in the plan summary.
VOLUNTARY ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE: This plan is additional insurance available to employees at additional cost.
BUSINESS TRAVEL AND ACCIDENT (BTA): The BTA plan provides Travel Medical Assistance; Accidental Death and Dismemberment; Worldwide Travel Assistance; VIP Concierge services; Security Assistance Services; and Identity theft assistance. This coverage is provided to all employees, at no cost while traveling on Wilson Center authorized business trips.
RETIREMENT: Opportunities to save and build retirement income. Tax Deferred Annuity (TDA) Plan allows employees to enroll and save for retirement with tax deferred contributions up to the legal maximum. In addition, employees who meet the eligibility requirements can enroll in the Defined Contribution Retirement plan which provides employer contributions of 12% of salary. If the employee’s salary exceeds the OASDI (social security) maximum, employer contributions increase to 17% on the amount of salary over the OASDI maximum.
PAID TIME-OFF FOR VACATION, HOLIDAYS AND SICK DAYS: Starting per leave year at 13 days/104 hours of annual leave, 10 paid holidays and 13 days/104 hours of sick leave.
PAID PARENTAL LEAVE: To assist and support new parents with balancing work and family matters, the Center provides eligible employees with a period of paid time off for the care and well-being of their new born, adopted or foster care child.