The Jacobs Company;Employee Group Insurance

The Jacobs Company Employee Benefit Plans & Services Cafeteria Compensation Plans IRC Sec. 125
How is the Employer Benefited?

            A. Lower gross pay means lower payroll taxes (FICA, FUTA, and sometimes Worker's Compensation insurance).
            B. Employee is allowed to share the cost of benefits, if desired.
            C. Helps employer retain key employees.
            D. Boosts employee morale by showing employer concern.
            E. Employer may be able to reduce fringe benefit costs.

Cafeteria Plans
How is the Employee Benefited?
Some "Qualified Benefits" Which Can Be Added, Include
Benefits Which are Specifiacally Excluded, Include
Plan Requirements
Discrimination

Group Health Insurance

Cobra Coverage Continuation

Flexible Spending Accounts

Medical Reimbursment Plans

Medical Savings Accounts

Group Medical Insurance Plans

Please refer to our Health Insurance Section as we are developing the Employee Benefits Section

This document was last modified on July 26, 1999