Benefits

Employee Benefits
The Town of Reading offers the following benefits to employees working a regular schedule of 20 or more hours per week. Employees must apply within 30 days of the date of hire.


Health & Dental Insurance
BCBS Plan Options
Rate Sheet
Agreement
Opt Out

Enrollment Forms By Department
Municipal
Reading Municipal Light Department
Schools
Sewer
Storm Water
Water


Life Insurance 
Boston Mutual
These are term insurance and do not accumulate cash value.

Life Insurance Plans
Basic Life Insurance in the amount of $5,000 with an employee contribution of 50% ($4.18/month).
*Voluntary Life Insurance in increments of $10,000 and monthly rates are based on the age group.

*Eligible employees must be enrolled in Basic Life Insurance in order to be eligible to enroll in the Voluntary Life Insurance.

Life Insurance Enrollment form

Flexible Spending Account (FSA)
Cafeteria Plan Advisors
Health Care FSA - up $2,750 in pre-tax dollars to pay for unreimbursed out-of-pocket medical or dental expenses.
Dependent Care FSA - up to $5,000 pre-tax may be set for dependent care expenses.

FSA Enrollment form


Deferred Compensation
457 Plan 
It is a plan that allows employees to invest in their retirement while Federal and state income taxes are deferred until the employee is ready to withdraw the funds.

OBRA
This plan is designed specifically for employees who are part-time, temporary or seasonal and therefore are not covered under the Town’s retirement or MTRS system. This plan was adopted as an alternative to the Social Security System.

403(b)Plan
 A 403(b) plan is a retirement account for certain employees of public schools.


Employee Assistance Program (EAP) 
MIIA offers this as a free service provided for you and your household members by the Town of Reading. This program offers confidential counseling, free legal and financial consultation, referrals to resources such as child/elder care, parent support, amongst others. These services are completely confidential and can be easily accessed 24/7.

Orientation Video
Municipal Flyer