Employee Contributions
The amount that you pay for your coverage is based on your annual base earnings at the time benefits are effective and whether you cover dependents. GRSM50 shares in the cost of your medical and dental benefits, per the grid below. GRSM50 pays for 100% of the cost for basic Life, AD&D, business travel accident, EAP, and LTD coverage.
In general, you pay for health coverage before federal, state, and social security taxes are withheld, so you pay less in taxes. Costs listed below are per pay period and rounded to the nearest whole dollar.
Cost of Coverage
Domestic Partner Coverage
Please note that unless your domestic partner is your tax dependent as defined by the IRS, contributions for domestic partner coverage must be made after-tax. Similarly, the company contribution toward coverage for your domestic partner and his/her dependents will be reported as taxable income on your W-2. Contact your tax advisor for more details on how this tax treatment applies to you. Notify Gordon Rees Scully Mansukhani, LLP if your domestic partner is your tax dependent.