The account is subject to IRS regulations. Details are available from Human Resources. Savings Plan Andover Controls offers eligible employees a tax-deferred salary saving plan through Merrill Lynch that allows you to save money by reducing your taxable income by the amount of your contribution. Your contribution will be automatically deducted from your paycheck and deposited into one of eighteen investment accounts. In addition, the plan includes a loan provision that allows you to borrow from your account.
Employees are eligible to join the plan immediately.
You must be age 21 to participate. Holidays-Vacation Schedule Holidays Andover Controls observes 11 paid holidays each calendar year. The holiday schedule is determined and published in December. For regular part-time employees, holiday pay is provided on a prorated basis. Vacation Full-time employees accrue vacation beginning with the first day of employment.