The Retirement Savings Program provides the opportunity to make pre-tax contributions to an annuity or mutual fund savings account for retirement. These extra retirement savings are designed to provide an important supplement to pension plans and Social Security retirement benefits. There is a four week waiting period before disability benefits become payable after the onset of a disability and benefits are payable up to a maximum of four months following the onset of disability. This is a voluntary program that employees can choose to purchase. Premiums are paid through payroll deduction.
Employees accrue twelve sick days per year.
Unused sick leave may be accumulated without limit. There is no reimbursement for unused sick leave upon termination. Taken together, these taxes form the total FICA tax deducted from earnings. Duke pays the entire cost. From the fourth to the ninth year, the employee earns three weeks per year.