The Health Care Spending Account pays health care expenses not reimbursed under the Menninger Health Care Plan or other health insurance. The Dependent Care Spending Account pays dependent care expenses, including day care center charges, home care services, or other child care services outside the home. There is a choice between straight term insurance and universal life insurance. Cost is determined by the amount of coverage and the age of the employee. Cost is determined by the amount of coverage and the age of the employee.
Cost is paid by the employee.
Menninger pays the cost of this benefit. Menninger pays the cost of this benefit. The benefit of a single life annuity is payable at age 65 based on salary and length of service. Spousal and survivor payment options are also available. The benefit vests after five years of credited service.