Employee Benefits
The City of Georgetown provides a comprehensive, cost effective, health and welfare package that includes the following: medical, dental, life insurance, long term disability, voluntary vision, flexible spending options, employee assistance program, retirement and deferred compensation programs. The City also provides vacation, sick leave, holidays, funeral leave, jury leave, military leave and injury leave. Medical, dental and vision benefits are effective the first of the month following date of hire. Life Insurance and Long Term Disability are effective the first of the month following the effective date of medical coverage. Please refer to the benefits guide (linked to below) for plan information/details.
Health Insurance
Effective October 1, 2007, The City of Georgetown will no longer offer Aetna Health Plans. However, through Humana’s expanded provider network, employees and their eligible dependents can still access Aetna and S&W providers under the following Humana National Point of Service plans: Humana National Point of Service (NPOS) and Humana NPOS (HDHP).
Dental Insurance
The City offers employees dental insurance through Aetna Freedom of Choice Plan (DMO or PPO selection). Employees have the option of selecting a provider from within the Aetna network or any licensed dentist. Refer to the Benefits Guide for more details. *The City of Georgetown pays 100% of the Employee-Only premium under Aetna Open Access DMO and Aetna Freedom of Choice dental plan.
Life Insurance
1X annual salary provided through TMRS. Employee may purchase additional insurance in increments of $10,000 not to exceed 5X their annual earnings.
Long Term Disability
The City is please to announce that the Long Term Disability buy-up will now be funded completely by the City. Employees will no longer have to pay for this option.
Vision
The City offers all full-time employees the voluntary Spectera Vision Plan. The Spectera Vision plan offers benefits for eye exams, frames and lenses or contact lenses.
Flexible Spending Options
Premium Only Plan - Allows the employee to pay for health, dental and vision insurance premiums on a pre-tax basis. Flexible Spending Accounts - Health Care and Dependent Care : Allows the employee to pay for certain un-reimbursed health expenses and dependent care expenses on a pre-tax basis.
Employee Assistance Program
The City of Georgetown recognizes the importance of having a successful EAP. Effective October 1, 2007, EAP services will be provided through MHNet. We will no longer offer services through Alliance Work Partners. For those employees and/or their dependents currently in session, MHNet will offer a transitional period.
MHNet has provided leadership in the industry. Program benefits include 24-Hour Call Centers, Short-Term counseling, up to 8 sessions; convenient counseling locations, and Work life Solutions, a program designed to assist you and your family members with legal and financial assistance, health and wellness programs and personal and professional development.
Texas Municipal Retirement System - TMRS
The City of Georgetown offers a retirement plan through the Texas Municipal Retirement System. The City of Georgetown's TMRS plan requires a contribution (made by means of bi-weekly payroll deductions) equal to seven percent (7%) of the salary of each regular full-time City employee. The City matches employee contributions on a 2 to 1 basis after the employee is vested at the time of retirement. Vesting occurs after 5 years of employment. The City has also adopted 20-year any age retirement.
Deferred Compensation
In addition, a 457 plan is available. The purpose of this plan is to allow an employee to set aside a portion of his/her salary pre-tax and receive its value at retirement. Employee eligibility is immediate. Employees may select their plan through ICMA.
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