Your Benefits
Your Benefits
JL Marine Systems offers a variety of benefits allowing you the opportunity to customize a benefits package that meets your personal needs. In the following pages, you will learn more about the benefits offered. You will also see how choosing the right combination of benefits can help protect you and your family’s health and finances – and your family’s future.
Medical
JL Marine Systems pays the entire cost of the employee & dependents low medical plan.
JL Marine Systems offers you the option to elect this voluntary benefit. You pay the full cost for dental coverage.
Dental
JL Marine Systems offers you the option to elect this voluntary benefit. You pay the full cost for vision coverage.
Vision
JL Marine Systems pays the entire cost for the basic life. You pay the full cost for the voluntary life coverage.
Basic & Voluntary Life
Short-Term and Long Term Disability
JL Marine Systems pays for short and long term disability for eligible employees.
JL Marine Systems offers you the option to elect voluntary Critical Illness, Accident (and Hospital Confinement coverage. You pay the full cost for coverages.
Voluntary Benefits
Pre-tax benefits
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You must actively choose any benefit that you pay for or share in the cost with through JL Marine Systems.
Why do I pay for benefits pre-tax?
There is a definite advantage to paying for some benefits with before-tax money: Taking the money out before your taxes are calculated lowers the amount of your pay that is taxable. Therefore, you pay less in taxes.
Your part of the cost is automatically deducted from your paycheck. Premiums for medical, dental, and vision are deducted pre-tax. Health Savings Account and Flexible Spending Account contributions are also deducted pre-tax.
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