PR - 4.2024 Employee Benefits Guide (FINAL)
IMPORTANT INFORMATION This is a summary of Party Rental Ltd.’s current benefits which are available to eligible employees. This benefits overview is not a contract or guarantee of employment. Party Rental Ltd. has the right to change and/or terminate any and all policies and/or benefits at any time. AT WILL STATEMENT All employees of Party Rental Ltd. are employed on an “at will” basis. This means that employees are not guaranteed employment for any fixed period of time and both the employee and the Company may terminate the employment relationship at any time or for any reason with or without cause and with or without notice. EQUAL EMPLOYMENT OPPORTUNITY Freedom from Discrimination, Harassment and Retaliation. Equal Employment Opportunity has been, and will continue to be, a fundamental principle at Party Rental Ltd. Party Rental Ltd. provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, national origin, age, disability, genetic information, status as a covered veteran, or any other classification covered by applicable federal, state or local laws. Party Rental Ltd. expressly prohibits any form of unlawful employee discrimination or harassment based on race, color, religion, gender, national origin, age, genetic information, disability, veteran status, or any other classification covered by applicable federal, state or local law. WHEN COVERAGES BEGINS AND ENDS WHEN COVERAGE BEGINS If you choose to enroll in the benefit plans, your eligibility date is the 1st day of month following 60 days of continuous service. Benefits available are: x Medical, Dental, Vision x Flex Spending Accounts (FSA): Healthcare, Dependent Care and Commuter/Parking x Voluntary Term Life/LTD benefits x and 401(k) with ADP WHEN COVERAGE ENDS In general, you will be covered by the benefits you elect until your employment ends or until you are no longer considered an eligible employee. If your employment ends or you are otherwise ineligible for benefits, your coverages will end on the last day of the month in which your employment status changes. When a covered child reaches the limiting age of 26, their coverage will end as of the last day of the month in which the limiting age (26) is reached.
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