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Protecting your financial security
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Protecting Your Financial Security

Sanofi US Group Savings Plan

Employees are automatically enrolled at a 6% contribution rate from their date of hire. Participants may contribute up to 75% of basic annual earnings plus targets on a combined pre-tax and Roth basis, up to the allowed limit, $17,500. Employees age 50 and over may contribute up to $23,000. Merial matches 150% of the first 6% of compensation contributed by the employee, up to 9% total match.

Short Term Disability (STD) Plan

Salary continuation for full-time regular employees only. Merial pays all costs. The maximum benefit period, including the elimination period, is 26 weeks.

Long Term Disability Income Insurance

Provided at no cost for all full-time regular employees. The Plan pays 60% of base earnings and the previous year's commissions to the policy limit.

Travel Assistance Program

Included in the Long Term Disability Benefit for all full-time regular employees at no cost. Coverage begins on your date of hire. Worldwide assistance for employees while traveling more than 100 miles from home.

Life Insurance

Provided at no cost for all regular full-time and part-time employees. Coverage begins on your date of hire. Additional life insurance coverages are available in which the employee pays all cost.

Health Care Flexible Spending Account (FSA)

An optional tax-free payroll-deduction account is available to all full-time and part-time regular employees from date of hire. Employees may enroll to set aside up to $2500 annually to pay for eligible unreimbursed medical and dental plan deductibles and co-pays. For convenience, participants can enroll for automatic reimbursement through Wage Works.

Dependent Care Flexible Spending Account (FSA)

A separate tax-free payroll-deduction account is available to all full-time and part-time regular employees from date of hire. Employees may set aside up to $5,000 annually in pre-tax dollars to pay for eligible dependent care expenses.

 

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