E M P L O Y E E B E N E F I T S G U I D E
M A X I M I Z E Y O U R B E N E F I T S PA C K A G E
2008
2008
O R I E N TAT I O N
To All Employees,
NBT Bancorp off ers its employees a comprehensive benefi ts package. Th is
package is a valuable part of the total compensation you receive from our
company. Please carefully review this Employee Benefi ts Guide in making
decisions to best meet your needs.
Our benefi ts package includes health, dental, vision and life insurances as well
as retirement plans and other important benefi ts. If you have benefi ts-related
questions during the enrollment process or at any other time, please contact
a member of our Human Resources Division.
I would like to welcome new employees who are receiving this guide for the
fi rst time. Also, I want to thank those employees who have contributed to our
success in this and previous years. Working together, we will lead our company
into the future.
Sincerely,
Martin Dietrich
President and Chief Executive Offi cer
1
Employee Benefits Guide
Summary
This summary is intended to provide a brief overview of the benefits available through NBT Bancorp.
SECTION 1 INTRODUCTION
3 Benefit Forms Available on NBT Bancorp’s Intranet
4 Summary
5 Observed Holidays
6 Scheduled Pay Dates
7 2008 Benefit Rate Sheet
SECTION 2 HEALTH BENEFITS
MEDICAL INSURANCE
9 NBT Bancorp Medical Plans
10 High-Deductible Health Plan
12 Blue EPO
14 Blue PPO
16 Pharmacy Benefit Plan
17 Dental Program
18 Vision Program
FLEXIBLE SPENDING ACCOUNTS (FSAs)
19 Flexible Spending Accounts
20 Health/Dental/Vision FSA
21 Dependent Care FSA
EMPLOYEE ASSISTANCE PROGRAM
22 BalanceWorks
SECTION 3 LIFE INSURANCE
24 Basic Life Insurance
25 Business Travel Accident Insurance
SECTION 4 DISABILITY BENEFITS
27 Short-Term Disability Benefits
28
Long-Term Disability Benefits
SECTION 5 RETIREMENT PLANS
30 Defined Benefit Pension Plan
31 401(k) Plan and Employee Stock Ownership Plan
SECTION 6 VOLUNTARY BENEFITS
GROUP VOLUNTARY BENEFITS
33 Optional Term Life Insur