© 2017 BPBP LLC
BUSINESS PERFORMANCE BEST PRACTICES
A Charter School Management & Research Company
Benefit Plans for Schools
The school Contribution Plan for Employees
P
aid by the School
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The school will provides a $20 monthly benefit to start your life insurance plan to protect you and your family. It will
be added to the pay check as a benefit for the employees to pay directly from their bank accounts.
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Experts say, you need to have 10 to 15 times your income to ensure your family’s security in your most vulnerable
years.
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Ask yourself “How would my family manage financially if I were suddenly no longer in the picture?”
Life Insurance is For Those You Love
403 B Retirement Plans (Enrollment for
retirement plan will be announced)
Retirement programs to meet your needs, based upon age and time to get you to your Financial
Independence number -the amount of money you will need so once you retire you never have to
work again. This program will be available to existing employees or for new employees.
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Your employer will make a contribution to your retirement plan.
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AXA
Medical Insurance
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Your employer provides a monthly contribution to your medical insurance plan.
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Open enrollment renewal: September 1, 2017 (effective day).
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Open enrollment occurs between August 22, and August 26 for all full time employees.
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Elections cannot be changed during the year, unless you experience a qualifying life status
event (for example, birth of a child, marital status change, etc).