The AEGON companies offer a range of benefits and programs to meet the needs of
our diverse work force. A summary of our corporate benefit plans appears below.
Member companies may offer additional work, family and healthy lifestyle
programs.
WELFARE AND RETIREMENT BENEFITS
Medical Plan
Few things are more important than protecting your health and the health of
your family. All locations offer medical plan options and programs that focus
on high quality health care services, healthy life styles, effective use of
health care services and management of health care costs. Your medical coverage
choices include a traditional Preferred Provider Organization (PPO) Plan, or a
Health Savings Account Program that combines a tax-advantaged savings /
reimbursement program with PPO health coverage. Both medical plan options cover
100 percent of the in-network cost for preventive care benefits.
Dental Plan
A Dental Provider Organization (DPO) Plan
is available at all locations. You may use any qualified dentist; however, the
plan pays a higher level of benefits when you use dentists in the network.
Vision Plan
The Vision Plan provides benefits toward the costs of an annual eye exam,
lenses and frames or contacts. You may use any qualified vision care provider;
however, the plan pays a higher level of benefits when you use participating
vision care professionals.
Health Care and Dependent Flexible Spending Accounts
The Health Care Flexible Spending Account and Dependent Care Flexible Spending
Account allow you to pay for health care and dependent day care expenses that
are not paid by other benefit plans. You set aside before tax dollars from your
pay. As you incur eligible expenses, you claim tax-free reimbursements from
your account to cover the expenses.
Employee Life Insurance
The Company provides coverage equal to your basic annual earnings at no cost to
you. You may purchase 1, 2, 3, or 4 times your basic annual earnings, up to an
additional $1,000,000.
Dependent Life Insurance
Dependent life insurance is an optional benefit you may purchase to provide
life insurance coverage for your spouse and dependent children.
Accidental Death and Dismemberment (AD&D) Insurance
AD&D is an optional benefit you may purchase to provide coverage for loss
of life, limb, sight, speech, hearing, or for paralysis as a result of a
covered accident.
Short-Term Disability (STD) Program
The STD program is paid by the Company in most locations. The program is for
non-occupational injuries and illnesses. It provides a percentage of basic
earnings for a period of time based on length of service with the Company.
Long-Term Disability (LTD) Plan
The Company provides a benefit of 50 percent of basic monthly earnings at no
cost to you. This plan provides benefits for qualifying disabilities that last
more than 180 days. At your expense, you may elect an additional 10 percent of
optional coverage, for a total benefit of 60 percent of basic monthly earnings.
EAP Services
The Employee Assistance Plan (EAP) provides confidential counseling services at
no cost to you. EAP services provide support, referral, or professional
assistance with various family, marital, work, alcohol, drug, emotional, legal
or financial issues.
Carebridge
Carebridge Life Management and Work-Life Assistance educational services and
resources are available to you and your family members at no charge. Carebridge
services support you in successfully managing issues related to relocation,
childcare, eldercare, college planning, parenting and adoption. Carebridge
Services also provide guidance on health and wellness, time management, and
financial and retirement planning.
Pension Plan
Funded entirely by the Company at no cost to you, the Pension Plan provides
retirement income based on your years of service, final average earnings and
age at retirement.
401(k) Profit Sharing Plan
The 401(k) Plan allows you to save up to 25 percent of your eligible earnings
on a pre-tax or Roth after-tax basis, subject to certain limits. The company
matches 100 percent of the first three percent you contribute. You have a
choice of 19 investment funds, including a Schwab self-directed Personal Choice
Retirement Account with additional mutual funds and other investment vehicles.
INCENTIVE PLANS
The following are the incentive compensation programs that could provide
additional bonus pay for individual and company performance.
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Annual Bonus Plans
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Stock Plans