Employee Benefits

MEDICAL INSURANCE
Medical insurance is effective after 30 days of employment and the first of the following month. The town currently pays 100% of the cost for regular full-time employees who participate in wellness activities and a portion of the cost for dependent coverage. Insurance is available for regular part-time employees. The amount paid depends upon the number of hours worked.

2021-2022 PPO versus HRA Plan Comparison

Medical Coverage Option #1 PPO
Summary of Benefits & Coverage
Semi-Monthly Deduction
*Before Wellness Incentive
Employee Only $29.49
Employee/Children $198.20
Employee/Spouse $256.67
Family $405.23

Medical Coverage Option #2 HRA
HRA Summary of Benefits & Coverage
Semi-Monthly Deduction
*Before Wellness Incentive
Employee Only $10.00
Employee/Children $123.56
Employee/Spouse $159.56
Family $255.49

Affordable Health Care Act Notices

DENTAL INSURANCE
2020 Summary of Benefits
Dental Buy Up Plan

The town currently pays 100% of the cost for regular full-time employees and a portion of the cost for dependent coverage for dental insurance. Insurance is available for regular part-time employees. The amount paid depends upon the number of hours worked.

Dental Coverage Semi-Monthly Deduction
Employee Only $0
Employee/Children $20.27
Employee/Spouse $23.65
Family $34.65

Dental Buy-Up Plan Semi-Monthly Deduction
Employee Only $3.50
Employee/Children $25.50
Employee/Spouse $29.00
Family $41.00

VISION INSURANCE
Summary of Benefits (PDF)

The town currently pays 100% of the cost for regular full-time employees and a portion of the cost for dependent coverage for vision insurance. Insurance is available for regular part-time employees. The amount paid depends upon the number of hours worked.

Vision Coverage Semi-Monthly Deduction
Employee Only $0
Employee/Children $1.54
Employee/Spouse $1.45
Family $4.15

PET INSURANCE
We now offer pet insurance to help you care for all members of your family!  Nationwide insures cats, dogs, and exotic animals. This benefit is open to all full-time and part-time employees regardless of work hours.

Voluntary Pet Insurance FAQ & Plan Summary


PAID TIME OFF - SICK LEAVE
Employees in regular full-time or regular part-time positions earn one day per month of service.

PAID TIME OFF - PAID HOLIDAYS
There are 12-13 official town holidays. Employees in regular full-time or regular part-time positions are eligible for paid holiday time.

PAID TIME OFF - VACATION/ANNUAL LEAVE
Employees in regular full-time or regular part-time positions earn vacation leave based on years of service.

Years of Service Days Per Year
Less than 2 years 10
2-4 Years 12
5-9 Years 15
10-14 Years 18
15+ Years 20

RETIREMENT PLANS
Retirement Systems

LOCAL GOVERNMENT RETIREMENT SYSTEM
Every regular employee whose duties require working at least 1,000 hours annually automatically becomes a member of the North Carolina Local Governmental Employees’ Retirement System. The employee and employer contributions, along with the investment earnings on total contributions, pay the cost of providing retirement benefits. This is a defined benefit retirement plan. The employee’s share of the cost is 6% and is automatically deducted from the employee’s paycheck. The Town of Mooresville contributes an additional 12.14% for Local Government general employees and 13.04% for Law Enforcement employees.

SUPPLEMENTAL RETIREMENT PLAN - NC401K
The town makes a contribution of 5% to a 401K Plan for all regular full-time and regular part-time employees. There is no employee match required; however, employees have the option of making contributions on a pre-or post-tax basis. This plan is a defined contribution retirement plan. Enrollment Form

SUPPLEMENTAL RETIREMENT PLAN - NC457
The Town of Mooresville offers an NC 457 plan to all employees. This plan will be offered through Prudential and administered by the North Carolina Department of State Treasurer, just like to 401k plan we offer to full-time and regular part-time employees.  The NC 457 is another deferred compensation tool to use to bring your one step closer to realizing your retirement goals.  The NC 457 is open to all full-time and part-time employees regardless of work hours. The Town does not contribute to this plan.

457 Plan Highlights
NC Plan Comparison

LIFE INSURANCE
The town provides regular full-time and regular part-time employees with an individual term life insurance policy. Life insurance is equal to the employee’s annual salary, rounded up to the nearest $1,000. Employees have the option of purchasing additional life insurance for a small fee. Dependent life insurance is also available.

Summary of Benefits

DIRECT DEPOSIT
All employees are required to have direct deposits.

OTHER BENEFITS

CREDIT UNION
Employees of the town are eligible to open accounts with the Local Government Credit Union.

ANNUAL LONGEVITY PAY
Regular full-time and regular part-time employees are provided an annual payment based on years of service to the town.

Years of Service Longevity Amount
<1 $0
1 to 5 $250
6 to 10 $500
11-15 $1000
16-19 $1500
> 20 $2000

TUITION ASSISTANCE
The town provides tuition assistance for regular full-time employees who have completed initial probation for courses taken on their own time which will improve their skills for their current job or prepare them for promotional opportunities within the Town service.

GYM REIMBURSEMENT
The town will refund regular full-time and regular part-time employees $20/month for attending a gym four or more times a month.

VOLUNTARY BENEFITS
The town offers payroll deduction for the following employee-paid benefits:

Benefit Highlights & Sample Rates