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Here at Denver Health, we believe that our success depends on the quality of the employees that we hire. In order to attract and retain quality employees, Denver Health provides one of the most competitive benefit packages in Denver.
Denver Health offers seven paid holidays per calendar year.
Paid Time Off:
In addition to the paid holidays, Denver Health employees enjoy a generous Paid Time Off program. Below is a chart explaining the rate of accruals.
Medical / Dental Programs:
Denver Health offers their benefit eligible employees the choice between 2 competitive health and 3 competitive dental plans.
Denver Health Dollars:
Benefit eligible employees may choose to waive health and dental insurance provided they have proof of other coverage. These credits may be used to purchase additional benefits or to contribute to any of the flexible spending accounts.
Flexible Spending Accounts:
Denver health offers their employees the opportunity to participate in the following flexible spending accounts: Medical, Dependent Care, Qualified Transportation, and Off-Site Parking.
401(a) – Defined Contribution Plan - Mandatory:
Instead of paying into Social Security, Denver Health has created a self-directed Social Security Retirement Plan, which deducts pre-tax, 6.2% of your earnings into your choice of investment options from multiple fund companies including funds from Fidelity Investment who is our trustee and record keeper. Denver Health matched your contributions and additionally contributes an additional 3% of your earnings up to the Social Security limits. Employees are immediately vested in the plan.
401(a) – Defined Contribution Plan - Enhanced:
In addition to the 401(a) mandatory contributions, benefit eligible employees receive a generous 6% contribution to their 401(a) plan.
457(b) - Deferred Compensation Plan:
Denver Health also provides employees the option of investing up to an additional $16,500 pre-tax annually (some compensation limits apply) in a variety of Fidelity Investment funds and funds from several other companies. Employees can choose from 29 investment funds. Employees age 50 and older may also make additional annual contributions under a provision called "Age 50+ Catch-Up" to his/her 457(b) Plan. For 2011, the additional annual catch-up amount is up to $5,500. Effective May 1, 2011, the 457(b) plan will add a self directed brokerage option. This will allow 457b participants to invest/trade retirement savings into thousands of Fidelity and non-Fidelity mutual funds available on Fidelity’s FundsNetwork® platform.
Short-Term Disability Benefits:
Benefit eligible employees are enrolled automatically at no cost to them the first day of the month following 6 months of employment. This benefit provides a 60% wage continuation benefit (Limits and maximums apply).
Long-Term Disability Benefits:&
Benefit eligible employees are enrolled automatically at no cost to them the first of the month following their hire date. This benefit provides a 60% wage continuation benefit (Limits and maximums apply).
Basic Life and Accidental Death and Dismemberment (AD&D):
Benefit eligible employees are provided at no cost to them 2 times their gross annual salary in basic life and AD&D coverage (Coverage minimums and maximums apply).
In addition to the above benefits Denver Health offers employees the option of participating in the following benefits: