Benefits 2006 RAB Benefits Update 2006

Benefits RAB 2006 Benefits Overview Vacation Holidays Bereavement Leave Military Leave RAB Paid Short –Term Disability RAB Paid Long-Term Disability Educational Assistance

Benefits RAB 2006 Benefits Overview Vacation Length of ServiceMonthly AccrualAnnual Accrual 1-5 years.83 of a day10 days 6 years days15 days

Benefits RAB 2006 Benefits Overview Holidays The RAB will observe the following twelve (12) paid holidays in 2006: New Years Day - January 1 st Martin Luther King Day - Monday after January 15 th President’s Day — Third Monday in February *Good Friday – ½ day *Friday before Memorial Day – ½ day Memorial Day - Last Monday in May Independence Day Bonus – July 3 rd Independence Day - July 4 th *Friday before Labor Day – ½ day Labor Day - First Monday in September Columbus Day — Second Monday in October *Wednesday before Thanksgiving Day – ½ day Thanksgiving Day - Fourth Thursday in November Day after Thanksgiving Day - Fourth Friday in November Christmas Preparation Day - Friday before Christmas Day Christmas Day - December 25 th

Benefits RAB 2006 Benefits Overview Sick Leave –8 days per calendar year Personal Days –2 day per calendar year Bereavement Leave Military Leave RAB Paid Short –Term Disability RAB Paid Long-Term Disability

Benefits RAB 2006 Health Benefits Overview The following benefit programs are available to eligible employees: Medical Dental Vision Insurance RAB Paid Basic Life and AD&D Insurance Voluntary Supplemental Life Insurance RAB Paid Employee Assistance Program (EAP) 401(k) Plan Flexible Spending Account

Benefits RAB 2006 Benefit Plan Changes Group Health Plan RAB Inc 401(k) Retirement Plan Flexible Spending Account ADP iPay Statements

Benefits RAB Group Health Plan Changes Premiums per pay period: Individual $50 Individual Plus 1 Dependant $85 Individual Plus 2 Dependants $100 Individual Plus 3 Dependants $115 Individual Plus 4 Dependants $130

Benefits RAB Group Health Plan Changes Calendar Year Deductible –Employee: $600 –Family: $1,800 Prescription Co-Pay –Generic: $10 –Brand Name: The greater of 20% or $20 Mail Order Maintenance Drug 90 day supply –Generic: 2 X Co-pay –Brand Name: 2 X Co-pay

Benefits RAB Inc 401(k) Retirement Plan 2006 Maximum Deferral Limits –$15,000 –$20,000 Catch-up Maximum age 50 or over 23 Investment Options RAB Matching Contribution –25% of the first 6% of Employees’ contributions

Benefits RAB Flexible Spending Account 2006 Maximum Contribution: $2, FSA One-time Extension –Employees’ 2005 Balance may be used through March 15, 2006 –All claims must be filed by March 31, 2006 –No additional extensions or exceptions Plan Carefully – Use it or Lose it!

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Benefits What is it? ADP iPayStatements is a browser based application which enables employees of ADP’s clients to access their own pay statements and W2’s from any PC, anywhere in the world!

Benefits Key Features: Employees can view, print and save their: Pay Statements (for Vouchers and Checks) W2’s Actual image of pay statements and W-2s (PDF Format) Pay Check Modeling - Calculators Feedback Site notification when new pay documents are available for viewing

Benefits Employees start here!

Benefits Users Key their SSRPC

Benefits User subscribes to iPay by clicking on the radio button

Benefits Employee enters specific information from either the pay stub or W-2.

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Benefits User chooses a Challenge Question and Response

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Benefits User ID is automatically assigned !  First Initial of first name  Complete last name company defined name  (i.e. User ID is automatically assigned !  First Initial of first name  Complete last name company defined name  (i.e.

Benefits s Content options are listed at the top Profile options are listed under the tab section 1099s

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Benefits IRS Limits Social Security Tax 6.20% Medicare Tax 1.45% SS Taxable Wage Limit $94, Maximum SS Tax Payable $5, K Maximum Deferral $15, K Catch-up Maximum $20, (b) Maximum $15, (b) Catch-up Maximum $20,000.00

Benefits RAB Benefit Websites RAB 401(k) – Flexible Spending Account – iPay Statement – RAB Group Health Plan Network – Immediate Pharmaceutical Services Mail Order – Magellan Health Services –

Benefits 2006