Specific premium costs depend on age, salary and option selected. Specific premium costs depend on salary and option selected. The NASD also offers two Flexible Spending Accounts. An employee s vacation leave accrual rate is increased beginning in the pay period of the employment anniversary date. Any personal days that are not used by the end of the year are forfeited.
Employees receive nine paid holidays, and one floating holiday.
Employees must be employed prior to July 1 to be eligible for the floating holiday. Benefits are not available for books and other school fees. Employees are immediately vested in matching contributions. The NASD accepts directed rollovers from other qualified plans. An employee becomes a participant in the Plan on January 1 or July 1, if 21 years of age and has completed one year of service.