Two SJW employees standing in front of a work truck

Employee Benefits

Introduction to SJW Employee Benefits

At San Jose Water, one of our highest priorities is addressing the health and welfare needs of our employees and their family members. SJW offers great benefits. Browse this page to find out about our benefits, including health insurance, retirement programs, tuition reimbursement and more!

Medical Insurance

All regular employees working 30 hours or more per week are eligible for Medical, Vision, and Dental benefits on the first day of the month, following 30 days of employment.
 

 

Kaiser HMO $20

Kaiser HMO $40

Kaiser POS Plan

Sutter Health Plus HMO $20

Annual Deductible

None

None

$0 - $1,000 /

$0 - $2,000

Individual / Family

(Depending on provider)

None

Out-of-Pocket Limit 

$1,500 / $3,000

Individual / Family

 

$3,000 / $6,000

Individual / Family

 

$0 - $1,000 /

$0 - $2,000

Individual / Family

(Depending on provider)

$1,500 / $6,000

Individual / Family

 

Lifetime Maximum

Unlimited

Unlimited

Unlimited

Unlimited

Physician Office Visits  

$20 copay

$40 copay

Kaiser providers - $25 copay

Non-Kaiser providers - 10-30% after deduct.

$20 copay

Prescriptions

$10 Generic (Formulary)                   

$25 Brand

30-100 day mail order supply

$10 - $20 Generic (Formulary)

$25 - $50 Brand

30-100 day mail order supply

$10 - $20 Generic (Formulary)

$30 - $150 Brand

30-100 day mail order supply

$10 - $20 Generic (Formulary)

$30 - $120 Brand

30-100 day mail order supply

Emergency Room

$50 copay - waived if admitted directly to the hospital

$150 copay - waived if admitted directly to the hospital

Kaiser provider  - $100 copay.  Non-Kaiser hospitals determine their own charges.

$100 copay - waived if admitted directly to the hospital


Kaiser HMO $20:  The bi-weekly payroll contribution for employee-only coverage is $14.84, two person coverage is $29.69, and family coverage is $42.01.

Kaiser HMO $40:  There is no bi-weekly payroll contribution for employee, two-party or family coverage under the Kaiser $40 Copay plan. 

Kaiser POS:  The bi-weekly payroll contribution for employee-only coverage is $167.61, two person coverage is $335.23, and family coverage is $474.33.  

Sutter Health Plus HMO $20:  There is no bi-weekly payroll contribution for employee, two-party or family coverage under the Sutter Health Plus plan.  

Employees who have medical insurance coverage may elect to opt-out of the Company’s group plans and receive a monthly compensation of $200.00.

Vision Insurance

Vision coverage is included with your choice of medical plans and included in the bi-weekly contribution amounts stated above. The benefits are as follows:

Kaiser HMO & POS:  Annual routine, preventive eye exam. Frames or contact lenses from a Kaiser facility covered at a $175.00 allowance every 24 months.

Sutter Health Plus HMO:  Annual routine, preventive eye exam.  20% off the purchase of a complete pair of glasses and 15% off contact lens exam services (does not include contact lenses) when purchased from VSP Member Providers.

Dental Insurance

Cigna Dental insurance is the only dental plan available to all eligible employees. Under SJW’s Cigna Dental plan, employees are provided with coverage at no charge.

 

Cigna Dental In-Network

Cigna Dental Non-Network

Annual Deductible

$0

$50 per individual; $ 150 Maximum

Preventive Services

100%

100%

Basic Services

80%

80%

Major Services

50%

50%

Orthodontics

50%

50%

Annual Plan Maximum

$1,500 per person

$1,500 per person

Lifetime Orthodontia

$1,500 lifetime maximum, children

$1,500 lifetime maximum, children only  

There is no payroll contribution for employee, two-party or family under this plan.

Employees who have dental coverage may elect to opt-out of the Company’s group plan and receive a monthly compensation of $25.00.


Flexible Spending Account (Section 125)

San Jose Water offers a Flexible Spending Account (FSA) administered by WageWorks.  This plan consists of two FSAs - Health Care and Dependent Care.  Flexible Spending Accounts are tax shelter plans allowed by the IRS.  Money in your spending account is never taxed. Maximum FSA election amounts are determined by the IRS annually.

Life Insurance

All employees are eligible for life/accidental death and dismemberment insurance on the first day of the month following 30 days of employment. Union employees are covered at one times their annual base salary. Administrative employees are covered at two times their annual salary. Premiums are paid for by the Company.

Optional Life/Accidental Death & Dismemberment Insurance

Additional life insurance of $15,000, $25,000, $50,000 or $100,000 can be purchased at the employee’s expense at an additional low premium rate. AD&D coverage is equal to the life insurance benefit and is paid in the case of an accidental death. Dismemberment benefits are paid as outlined in the certificate.

Long Term Disability

Long term disability insurance provides partial income protection for long-term illness/disability in excess of six months at 60% of monthly base pay. Premiums are paid for by the Company.

401(K) Plan

Employees are eligible to enter the 401(K) plan on the first day of the calendar month following employment.  The maximum allowable contribution is 25% per pay period.  The Company matches 100% of the employees’ first 3% contribution and 50% of the employees’ next 2% contribution.  Company contributions are immediately 100% vested. There are a variety of different investment funds that employees can choose from including 12 target retirement funds and 18 core funds. Employees age 50 or older may be eligible to make catch-up contributions to the plan. 
 

Employee Stock Purchase Plan (ESPP)

Employees are eligible to purchase stock during 2 Offering Periods per year. Each offering period consists of six months beginning the first business day of February each year to the last business day of July and from the first business day of August each year to the last business day of January of the following year. Employees may contribute between 1% and 10% of base salary to purchase stock at 85% of the fair market value (closing price) on the Purchase Date. All employees may change the amount of their deferral down once per offering period.

Retirement Plan

Employees are eligible for the Retirement Plan as of the date of employment (see Plan provisions). Participants receive a quarterly pay credit based on years of service as follows:

Years of Service  

Credit Percentage  

< 5 years

5%

5 - 9

6%

10 - 14

7%

15 - 19

9%

20 or more

11%

A quarterly interest rate based on the 30-year T-Bill is also applied, with a guarantee of at least 3.25% and a maximum of 6%. This plan has a 3-year cliff vesting schedule and upon termination is payable as a lump sum or annuity to the Participant or his/her beneficiary. Participants who attain the “Magic 75” are eligible for the retiree monthly medical benefit of $150 per retiree and $100 for a spouse at age 55, $200 each at age 60, and $250 each at age 65.

Holiday Pay / Vacation

San Jose Water observes 14 paid Holidays for full-time and regular part-time employees in the Utility Workers Union of America. For employees in the administrative group and Operating Engineers Union, San Jose Water observes 10 paid Holidays and 4 paid Personal Days for full-time and regular part-time employees. All employees are eligible immediately following the date of hire. The Holiday Schedule will be determined and announced by management each year.

Vacation time will be accrued and accredited as illustrated below:

Years of Service

    Accrued Vacation Per Year

Hire to 4 years           

   2 weeks

5 to 12 years

   3 weeks

13 to 19 years

   4 weeks

20 to 27

   5 weeks

After 28

   6 weeks


Sick Time Leave

Sick time begins to accrue for employees on the first day of employment.  All employees working at least 30 days in the calendar year receive 24 hours of California sick time. Regular, full-time employees also accrue 56 hours per year of sick time on a bi-weekly basis.  Non-California sick time hours continue to accrue to a maximum accrual of 1,040 hours. Employees may use up to forty hours of their accumulated sick leave per calendar year for immediate family care.

Tuition Reimbursement

All employees are eligible following six (6) months of full-time employment. Reimbursement includes tuition, books, and registration for job-related courses or courses related to a position within SJW. Approval must be received prior to the commencement of classes. The maximum annual reimbursement is $5,000 for union and administrative employees.

Commuter Assistance Program

The Commuter Assistance Program (CAP) benefits employees who live at least 20 miles from the Bascom Avenue site. Regularly scheduled trains and buses and a customized shuttle service are used to transport employees to and from work Monday – Friday (excluding holidays) during commute hours. The Company reimburses participating employees at a rate of 50% of the cost of the appropriate monthly ticket (subject to federal income tax in accordance with IRS regulations).

The descriptions of San Jose Water benefits presented here summarize the highlights of the plans. If any statement here, or in any other communication, conflicts with applicable plan documents, the documents will govern. San Jose Water reserves the right to amend or terminate any of its employee benefit plans in any respect and at any time.