Employee Benefits

The City of Georgetown provides a comprehensive, cost effective, health and welfare package that includes the following: medical, dental, life insurance, long term disability, voluntary vision, flexible spending options, employee assistance program, retirement and deferred compensation programs. The City also provides vacation, sick leave, holidays, funeral leave, jury leave, military leave and injury leave. Medical, dental and vision benefits are effective the first of the month following date of hire. Life Insurance and Long Term Disability are effective the first of the month following the effective date of medical coverage.

Health Insurance

The city offers employees medical insurance through TML.  Employees have the option of selecting either TML Health Savings Account (HSA) Plan or TML Standard Plan.  TML uses the United Healthcare Options Network and there is no Primary Care Physician (PCP) required.

• TML Health Savings Account (HSA) Plan – In-Network: This plan has a $2,500 deductible per individual and $5,000 deductible per family.  After you meet the individual or family deductible the plan pays 80% and you pay 20% of the cost up to the out-of-pocket maximum.  The out-of-pocket maximum per individual is $5,000 and per family is $10,000.  Employees choosing this plan may choose to participate in contributing to a Health Savings Account. Prescription Benefit Before Deductible: Preventative Prescriptions may be covered at a copay before the deductible has been met.  The preventative prescription must be on the CVS Caremark Preventative Drug List and also be a prescription that TML covers. 
• TML Standard Plan – In-Network: This plan has a $35 copay for Physician Office Visit Fee (other physician services separate from copay) and a copay for prescriptions of $10 generic or $38 brand.  Service not covered under a copay are subject to a $2500 deductible per individual and a $5,000 deductible per family.  After you meet the individual or family deductible, the plan pays 80% and you pay 20% of the cost up to the out-of-pocket maximum.  The out of pocket maximum per individual is $5,000 and per family is $10,000.

Dental Insurance

The City offers employees dental insurance through TML. This plan is unique in that it allows you to choose any licensed dentist for covered services and the plan pays at the Reasonable and Customary rate until annual maximum.*The City of Georgetown pays 100% of the Employee-Only premium under TML dental plan.

Life Insurance

1X annual salary provided through TMRS. Employee may purchase additional insurance in increments of $10,000 not to exceed 5X their annual earnings.

Long Term Disability

Long Term Disability buy-up is funded completely by the City.

Vision

The City offers all full-time employees the voluntary Block Vision Plan. The Block Vision plan offers benefits for eye exams, frames and lenses or contact lenses.

Flexible Spending Options

Premium Only Plan – Allows the employee to pay for health, dental and vision insurance premiums on a pre-tax basis. Flexible Spending Accounts – Health Care and Dependent Care : Allows the employee to pay for certain un-reimbursed health expenses and dependent care expenses on a pre-tax basis.

Employee Assistance Program

EAP services are provided through MHNet. MHNet has provided leadership in the industry. Program benefits include 24-Hour Call Centers, Short-Term counseling, up to 8 sessions; convenient counseling locations, and Work life Solutions, a program designed to assist you and your family members with legal and financial assistance, health and wellness programs and personal and professional development.

Texas Municipal Retirement System – TMRS

The City of Georgetown offers a retirement plan through the Texas Municipal Retirement System. The City of Georgetown’s TMRS plan requires a contribution (made by means of bi-weekly payroll deductions) equal to seven percent (7%) of the salary of each regular full-time City employee. The City matches employee contributions on a 2 to 1 basis after the employee is vested at the time of retirement. Vesting occurs after 5 years of employment. The City has also adopted 20-year any age retirement.

Deferred Compensation

In addition, a 457 plan is available. The purpose of this plan is to allow an employee to set aside a portion of his/her salary pre-tax and receive its value at retirement. Employee eligibility is immediate. Employees may select their plan through ICMA.