The cost of this coverage is paid by the company. Employees are provided a supplemental insurance option to purchase additional life insurance for themselves, their spouse and their children. This coverage is purchased through payroll deductions at group term rates. Employees may choose to purchase supplemental accidental death insurance for themselves, their spouse and children. This coverage is purchased through payroll deductions at group rates.
New employees are eligible as of date of hire.
Participants must obtain prior approval for course work, and must submit satisfactory documentation of course completion. Holidays Alcatel Internetworking holiday schedule is determined and communicated at the beginning of each calendar year. There will be a total of ten holidays observed. Internetworking also contributes toward their retirement. An employee is eligible to join the plan on January 1, April 1, July 1 or October 1 after their date of hire.