In addition to an employee's pay, SRP offers a comprehensive benefits package. Eligible employees are covered on their first day of employment for most benefits. Eligible employees can choose between three different medical options, two dental options, and a medical reimbursement account. SRP also offers vision and hearing aid benefits to eligible employees.
Some options require employees to contribute to the cost of the benefit.
Other plan options, including single medical and dental options, are provided to eligible employees at no cost. SRP offers several pre-tax benefits to eligible employees. Eligible employees can choose from before-tax and after tax benefits under the SRP Health Care Program, the SRP Medical Reimbursement Tax Saver Plan, and the SRP Dependent Care Assistance Tax Saver Plan. Employees who meet the criteria are rewarded with a rebate. The Plan has withdrawal and loan features.