Welcome to Bene-FACTS, your online resource for Company-sponsored benefit plans that may apply to you. Here you'll find everything you need to know about the benefit plans for which you may be eligible including important announcements & mandatory postings, open enrollment dates, plan summaries & supporting documents, forms, links to vendors, all just a click away.
Telepictures Benefits Overview
To be eligible for non-union production benefits, you must be paid by a Telepictures Participating Employer and regularly scheduled to work at least 30 hours per week for the duration of the production season.
For Tier 1 non-union production benefits, initial eligibility is based on a 3-yr employment contract. Tier 1 benefits include medical, dental, vision, life insurance, FSA and 401(k).
Tier 2 benefits include the Basic PPO medical plan, dental, vision and life insurance.
Click on the tabs above for detailed information.
401(k) Retirement Plan (Qualified) (Fidelity Investments) – Tier 1 only
To be eligible for the 401(k) Retirement Savings Plan, you must have a three-year employment contract combining all optional periods on file. You are eligible to participate on the first of the month following 3 months of service. There is no company match so you are always 100% vested in the before-tax money that you defer. There is a wide selection of investment options in which you can choose to save. Enrollment is conducted online at Fidelity at www.401k.com or by phone (800) 835-5097.
NEW - Voluntary Benefits – Transamerica and VPI - All Tiers
This is a one-time opportunity to enroll in Group Accident and Critical Illness, Whole Life and Pet Insurance. With the exception of pet insurance, you must enroll within 30 days of your initial eligibility. If you don’t, you’ll miss the opportunity to enroll at group rates with no underwriting. Click on the “Voluntary” tab for details on the benefits website or call Benefits at (818) 972-0787 or (818) 972-8914.
To be eligible for WAG non-union production benefits, you must be paid by WAG Pictures Inc. and expected to work on average 30 hours/week for the duration of the production season. You are eligible on the first of the month \ following 30 days of continuous employment.
Warner Horizon Benefits
To be eligible for Warner Horizon non-union production benefits, you must be paid by a Warner Horizon Participating Employer and expected to work on average 30 hours/week for the duration of the production season. You are eligible on the first of the month following 30 days of continuous employment.
TV Affiliates Benefits
To be eligible for TV Affiliates non-union production benefits, you must be paid by a TV Affiliates Participating Employer and expected to work on average 30 hours/week for the duration of the production season. You are eligible on the first of the month following 30 days of continuous employment.
Some News You Can Use From Aetna
- 24-Hour Informed Health® Line: Get your health questions answered anytime, anywhere. Call the 24-hour nurse line at (800) 556-1555 or log into Aetna at www.aetna.com.
- Teledoc: If you're enrolled in the medical POS or PPO (and effective 8/1/17 in the HMO), Teladoc gives you 24/7/365 access to a doctor through the convenience of phone or video consults for $40 or less. You can use Teladoc when you need care now, if your doctor is unavailable, you're considering the emergency room or urgent care center for a non-emergency issue, you're away from home or need a short-term prescription refill.
Change in Plan Sponsorship of the Group Benefits Plan effective June 1, 2014
Effective June 1, 2014, the Plan Sponsorship of the Time Inc. Ventures Group Benefits Plan has changed from Time Inc. Ventures to TW Ventures Inc. The plan has been renamed the “TW Ventures Inc. Group Benefits Plan” ("Plan") and the plan administrator is now a company committee. There are no changes to Plan benefits as a result of these changes, and you do not need to take any action. We have modified the Summary Plan Description to reflect these changes.
A Savings Opportunity for 401(k) Plan Participants
If you are at least 50 years old or turning 50 in 2018, the 401(k) Plan offers you the opportunity to make additional pre-tax deferrals to your account in the form of catch-up contributions. In 2018, you may choose to elect up to $6,000 for your catch-up contribution. You may make a catch-up contribution only after you have made the maximum annual elective contribution of $18,500 or, if lower, 60% of your eligible compensation (8% if you are highly compensated). Click here to enroll and learn more about the catch-up rules and provisions.
Annual Financial Reporting Information
As required each year under the Employee Retirement Income Security Act of 1974, as amended (ERISA), TTT West Coast, Inc. files financial information on its benefit plans with the Internal Revenue Service. ERISA also requires that a summary of this information be distributed to employees. Click here for information on the retirement benefit plan in effect on December 31, 2016 and Click here for information on the health and welfare benefit plans in effect from August 1, 2016 through July 31, 2017. The format of the Summary Annual Report is prescribed by Department of Labor regulations. Please note that these plans may not be applicable to you or your production.
Important Notice from TW Ventures Inc. For Medicare-eligible Employees and Dependents About Prescription Drug Coverage
If you or your dependents are eligible for Medicare and are covered under one of the TW Ventures Inc.' prescription drug plans, your TW Ventures Inc. coverage is, on average, at least as good as standard Medicare prescription drug coverage. Therefore, you or your Medicare-eligible dependents can keep TW Ventures Inc. coverage and not be subject to a late penalty if a Medicare prescription drug plan is chosen at a later date. Click here to view the Notice of Creditable Coverage. You should print out a copy of the Notice and keep it with your important records. If you or your Medicare-eligible dependents enroll in one of the new Medicare prescription drug plans, you may need to show a copy of this notice in order for a late penalty not to be applied.