BENEFITS REGULAR EMPLOYEES
The benefits package is competitive with private and public jobs in the Denver area and includes:
Liberal accrual of sick and annual leave
Annual leave is paid time off for vacations which are scheduled at the beginning of each year and for personal leave i.e. emergencies and unanticipated personal business. The accrual rate is:
- 5 years and under: 8 hours per month
- 6 – 10 years: 10 hours per month
- 11 – 15 years: 12 hours per month
- 16 years plus: 14 hours per month
Maximum of 240 hours may be carried over from year to year.
Sick leave is paid leave granted to introductory and regular employees to be used for illness, injury or disability. It can also be used for the necessary care of the employee’s family. It is accrued at 6 hours per month with a maximum of 800 hours that may be carried over from year to year.
11 paid holidays per year:
New Year’s Day Veterans’ Day
Martin Luther King, Jr. Day Thanksgiving Day
Presidents’ Day Day after Thanksgiving
Memorial Day Christmas Eve
Independence Day Christmas Day
Labor Day
Health Insurance
Group hospital and medical insurance is offered through Kaiser Permanente. Coverage is effective the first of the month following 30 calendar days of full time regular employment. Dependent children are eligible for coverage up to age 19 or to age 24 for full-time students.
Because families have different medical needs, Denver Housing Authority offers a choice of three plans within the Kaiser Permanente system. Kaiser Permanente Plan 620A Deductible/Coinsurance, Kaiser Permanente Plan 215 HMO and Kaiser Permanente Added Choice Triple Option. The plans are similar in benefits, but differ in premium cost, deductible, out-of-pocket expenses, and range of choice of physicians and hospitals.
Life insurance
Life insurance is offered through HM Life Insurance Company. On the first of the month following 30 days of employment in an eligible position, term life insurance, accidental death and dismemberment insurance is provided for the employee in the amount of one times annual salary for a maximum of $50,000. The cost is 100% paid by the Authority. Optional dependent life insurance is also available to qualified dependents at a low cost to the employee. Voluntary life insurance, spouse life insurance and child life insurance are options paid by the employee.
Tax deferred pension plan
This benefit is offered through ICMA-Retirement Corporation. Participation in the 401(a) Money Purchase Plan is mandatory on the first day of the month following completion of six months in a regular position. Denver Housing Authority contributes an amount equal to 10% of salary earned.
Participation in the 457 Deferred Compensation Plan is optional. It provides retirement savings through payroll deduction before taxes are deducted. There are no eligibility requirements to participate in this plan. IRS rules and regulations apply.
Long Term Disability Insurance
Long term disability insurance is offered through UnumProvident. It replaces a percentage of income, to age 65, on a monthly basis in the event the employee is totally or partially disabled and unable to work due to an accident or illness. Active regular employees working a minimum of 30 hours a week are eligible for coverage, if disabled, for up to 60% of monthly salary to a monthly maximum of $5,000. Benefits are payable after 120 days of disability. The cost is 100% paid by the Authority.
Short Term Disability Insurance
Short term disability insurance is offered through The Standard Insurance Company. It replaces a percentage of income for employees on a weekly basis in the event the employee is totally or partially disabled and unable to work due to an accident or illness. Coverage begins after fourteen days of disability or until all sick and annual leave has been exhausted per the FMLA policy, whichever is later, up to 120 days of disability. Active, regular employees working a minimum of 30 hours a week are eligible for coverage, if disabled, for up 70% of weekly salary to a weekly maximum of $2,000. The Authority provides $250/week base coverage for all regular employees, but additional coverage can be purchased.
125 Plan
Cafeteria plan or 125 Plan is offered through Denver Reserve Corporation. This plan allows you to set aside part of your salary to pay for health and dependent care expenses with pretax dollars and to pay for employee’s portion of health and dental premiums pre-tax.
Dental/Vision Plan
Dental care plan is offered through Assurant Employee Benefits. The Pinnacle Plan is under-written by United Dental Care of Colorado and includes many services that are provided at 100% coverage. There are reduced rates on other comprehensive dental services, too. Choice of dentist must be made from a list of participating dentists. Premium is paid 100% by employee. Effective Date is the first of the month following 60 days after enrollment.
A vision discount plan is included with the dental care plan through Vision Service Plan (VSP).
Merit Increases and Annual Salary Adjustments
Merit increases in pay are given to regular employees according to an established salary schedule, if performance is satisfactory. An annual adjustment to the salary schedule may also result in increases, depending upon current policy.