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Benefits

Employee Benefits Overview

 

The documents and links below provide employees with general information of the benefits provided by the Town of Smithfield. Click HERE to access our Employee Benefits Portal from Mark III.

If you have specific questions regarding your benefits, contact HR Director Tim Kerigan.

www.prudential.com/personal/workplace-benefits

www.medicareplans.com/medicare-advantage-plans-north-carolina/


North Carolina Local Government Employee's Retirement System:

 

www.myncretirement.com

 

Town of Smithfield offers you a 401k Contribution Plan through the NC 401k plan administered by Prudential.

 

 

 

 

 

Prudential NC 401k Plan

Group #002003

Brochures about your coverage

 

 

 

 

 

 

 

 

NC 457 Plan

Brochures about your coverage

 

 

 

 

 

Eligible Employees

  • Full-time employees and Part-time employees working 20 hours or more per week
  • Eligible employees can contribute the first day of employment.

 

 

 

Contributions

 

Town of Smithfield

  • Optional – Town matches up to 3% (pays mandatory 5% minimum for LEOs)

 

 

Employee

  • Employee contributions must be made in whole percentages only.
  • Minimum contribution = 1%
  • Maximum annual contribution is 80% of your gross salary or $17,000 if under age 50 for 2012.
  • If over age 50, catch-up contribution maximum of $5,500 for 2012.