You are eligible to be covered beginning the first day of the month following commencement of employment. The Company will contribute toward the cost of your medical plan depending upon the coverage level you choose. Taxes must be paid on this money. Your savings are excluded from taxable income while they remain in your Plan Account. Employees are eligible for the company match the first quarter following one year of service.
Employees are eligible to participate the first quarter following one year of service.
The Gleason Works' Life Insurance Plan offers 13 life insurance options, ranging from no coverage to 7 times your pay. If you are a new employee, your coverage begins on the first day of the month following commencement of employment. Dependent Life Insurance is also available. You decide how much to set aside each pay period up to the prescribed limits. There are separate accounts for health care and dependent care expenses.