Highlights from Oct. 2010 in-service presentation
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The document discusses projected state aid cuts, MCC's projected budget deficits, early retirement costs, projected retirement liability, fringe benefit increases, and how employee compensation packages have increased from 74.5% of the operating budget in 2002 to 78.6% in 2010.
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This document provides an overview of benefits available to employees of LSS, including medical, dental, vision, and retirement benefits. Medical insurance is available through Anthem BCBS and offers different coverage levels for employees paid $35/hour or less versus more. Dental insurance is available through Delta Dental. LSS also offers a 403(b) retirement plan with matching contributions, educational assistance programs, an employee assistance program, life and AD&D insurance, flexible spending accounts, and various types of paid time off including PTO and an extended sick bank.
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Highlights from Oct. 2010 in-service presentation
- 1. Projected State Aid Cuts 1
- 2. MCC Projected Budget Deficits 2
- 5. 5
- 6. Fringe Benefit Increases 6 2002 Operating Expense Employee Compensation Package = 74.5% of Operating Budget 2010 Operating Expense Employee Compensation Package = 78.6% of Operating Budget