Adoption Assistance Plan

Eligibility and Plan Participation 

ELIGIBILITY
You are eligible to participate in the Adoption Assistance Plan described in this section if you are: 

  • a regular full-time employee of the Company who is scheduled to work for at least 32 hours a week; or
  • a regular part-time employee of the Company who is scheduled to work for at least 20 hours a week; and
  • you have completed the 90-day orientation period for newly-hired employees. 

You are not eligible to participate in the Adoption Assistance Plan if you are: 

  • a dependent of a Company employee;
  • a “leased employee” within the meaning of Code Section 414(n);
  • an independent contractor;
  • an employee of a third party other than the Company; or
  • an employee of the Company whose adjusted gross income exceeds $190,000 per year. 

ELIGIBLE CHILD
The Adoption Assistance Plan provides benefits for the adoption of an eligible child only.

For Plan purposes, an eligible child is a child who meets the following conditions at the time adoption expenses are incurred: 

  • the child must be under age 18 (or age 18 or over if physically or mentally incapable of caring for himself or herself); and
  • the child is not the blood relative of:
    • you;
    • your spouse; or
    • your domestic partner. 

You can contact Human Resources at extension 52222 or by sending an e-mail to Human Resources if you have any questions concerning a child’s eligibility under the terms of the Plan. 

WHEN YOUR COVERAGE BEGINS
Your coverage under the Adoption Assistance Plan automatically begins as of the date that you meet the Plan’s eligibility requirements. 

PAYING FOR YOUR BENEFITS
The Company pays the full cost of your Adoption Assistance Plan benefits. 

WHO INSURES YOUR BENEFITS?
The Adoption Assistance Plan is self-insured by the Company.

TAX CONSIDERATIONS
If you are married and you and your spouse file a joint tax return, any reimbursement you receive from the Plan for a covered adoption is not considered to be taxable income for federal tax purposes. 

If you are married and you and your spouse file separate tax returns, you should contact Human Resources at extension 52222 or send an e-mail to Human Resources for additional information concerning the tax treatment of your reimbursement for a covered adoption. This also applies if you are divorced or legally separated. 

You should be aware that your Plan reimbursement may be subject to state and/or local taxes, depending on the locality in which you reside. You should also be aware that this reimbursement is subject to Social Security and Medicare taxes.

ERISA
You should be aware that the Adoption Assistance Plan is not the type of plan that is covered by the Employee Retirement Income Security Act of 1974 (ERISA), and is therefore not subject to ERISA’s reporting and disclosure, fiduciary responsibility, and other rules.