Historical Newspapers of South Carolina

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...page four Important Document There are several reasons for providing you with a personal statement of benefits. The first is to give you and your family a clear and concise explanation of the well-balanced benefits program you have as a Clinton employee, and how much your benefits are worth. Since many benefits are based on your earnings, some on your personal selec lion, jna your earnings ana year or service, each employee's statement will be different, personal and unique. When you receive your statement, check it closely to make sure that your selection of benefits is correct and that your employment information is accurate. Why Now? Employee benefits have always been important, but in today's economy, benefits are even more important to us. It For you and each eligible dependent (or tf occupational accident or illness. The Plan Hospital Expense Benefits After you pay a deductible hospital confinement, the I S93 a day for hospital room an up to 70 days. $1,200 for necessary services and this period. $120 for ambulance services pei one period of disability. Medical and Surgical Expe Charges for surgery in a Schedule of Surgical Pre your booklet. Allowances are also provic In-hospital doctor's visit: Charges for diagnostic > expenses incurred while patient. Radiation therapy and tf anesthetics. There are a number of programs for your become disabled as a result of accident < will help illustrate income benefits that rr Short Term If you should become dise non-occupational injury or currently be entitled to rec S 60 per week from Weekly Ind Sickness). This benefit is i weeks beginning with the illness Workers' Compensation va job-related disability Disability Retirement If you become disabled (a Security) and must retire I you will be eligible for a n if you are age 55 or over ? years of vesting service OXBHHH In the event of your death, your beneficia to receive ... Lump Sum Benefits S 6,000 from Basic Life Insurance S - from Supplemental Life lr Your Personal would be difficult to imagine facing the high medical costs that exist today without the security of a good insurance program. Nearing retirement?consider the importance of the added security of your Pension Plan. How Is a Personalized Statement of Benefits Possible? Clinton Mills has been working many months to put all this information together. Because of sophisticated computer technology, both Clinton Mills and the Company that prints the statement have the data on computer le treatment of nonpays .. Suppleme of $93 per person per up to ... dan pays up to. . . J300 of addjtjQ| d board charges for charges r< are incurn supplies used during Major Mei After you r person during any (maximun calendar ) 80% of coverei nse Benefits pay . . Basic ber ccordance with the ,f r Qu >cedures shown in qqq jn pay ... Jed for .. 100% of the exc s for up to 70 days. remaindei r-ray and laboratory $200,000 is the Ma not a hospital in- NOTE- S[ tri ie administration of PI protection should you Long Ten or illness. The following If you rer ray be payable you woul< $27 5 a month ibled as a result of requirerm illness, you would :eive Your elig emnity (Accident and payable for up to 13 8th day of injury or $13() a month age 65. II lould be payable for a amount v or she is available s certified by Social from the Company. Plus, yoi etirement plan benefit value of ind have at least 10 ry would currently be entitled Social S< Your elig under aq isurance benefits e insurance. o an (your account^^^^^^ Statement Of Bei Clint tapes. In effect, our payroll, pension, profit sharing, health care, and disability, survivor, retirement plan informa tion along with the essential personnel data have been combined to give you a complete picture of your benefits. Which Figures In The Statement Are Personalized For Me? When you receive your statement, open it and examine it very closely. In each section, there will be figures which are "printed in" and others that appear to be "typed." The "typed" figures are yours, those that vary because of your ntal Accident Expense Benefits pay nal expenses not covered above for ^suiting from an accident (if charges ed within 90 days of the accident). dical Expense Benefits pay a deductible of $150 per person 1 of three deductibles per family) in a ^ear. the Plan pays ... d expenses not taken care of by the lefits above t-of-pocket covered expenses exceed any calendar year. Major Medical will :ess covered expenses incurred for the r of that calendar year. |or Medical maximum benefit per person. fecial limitations apply to out patient satment of mental or nervous conditions, ease see your booklet for details m nain totally disabled after 5 months, d be entitled to receive from Social Security (assuming eligibility ents are met). ible spouse and dependent children e 16 may also be entitled to receive ial Security as follows ... for as long as you are disabled up to f there are no dependent children, this would be payable to your spouse if he age 65 or over A reduced benefit is as early as age 62 j wuuiu ut: t;iiyiuit? iu rtr^trivt? iiic iuii your Profit Sharing Account balance Bcurity lible spouse and dependent children ie 16 may be entitled to receive income from Social Security, starting with the f your death, as follows ... lefits I on Mills Inc. I particular employee status. The "bold faced printed" figures apply to everyone. What If I Have A Question About My Benefits That I Do Not Understand? Some of you may have a question about your benefits statement. If you have a question about Health Care Coverage or Personal Data, please contact the Personnel Department. Questions about Pension and Profit Sharing Plans should be directed to the Plan Administrator in Clinton. Keep This Statement This statement contains information very valuable to you and your family. It is advisable for you to review this statement carefully and review its contents with certain members of your family whom you may want to know its contents. When you receive your statement, it is recommended that you file it with yuur uuier impur idni papers dnu uocuments. ? This is a reduced sample of part of the lengthy document. All benefits details are listed in your statement. Important Document Your Personal Statement of Benefits will be mailed to you in the near future. This new statement shows you how much your benefits are worth to you, personally, in dollars. Benefits Not Taxed Clinton Mills has a well-balanced fringe benefits program. These benefits extend above and beyond the regular paycheck to provide protection and security for employees and their families. One significant advantage of the Clinton employee benefits program is that most of the "compensation" you receive as benefits is not taxed by the government like your regular paycheck. Benefit Cost As you probably know, much of your personal benefits coverage is paid by the company at no cost to you. (See section entitled The Annual Value of Your Benefits). The amount you contribute for your benefits is listed under YOUR COST in this section.) Your pay as a Clinton Mills employee extends beyond your regular paycheck. You will find the personal statement of benefits explains in detail the wide range of benefits you have as a Clinton employee.