Modern Benefits at a Glance
It pays to be a Modern employee, and not just because we offer a competitive salary. Modern rewards your time, talent and commitment with pay, benefits, retirement programs, healthcare coverage and more. Keeping our employees safe and healthy is key to ensuring that we can continue our mission of providing affordable electricity and water as well as excellent customer service to our members.
Modern understands your benefits are important to you and your family. Helping you understand the benefits available to you is essential. Below you will find links to learn about our company’s benefit programs, premiums and contact information for our benefit carriers.
Health and Well-Being Benefits
Modern offers you and your eligible dependents a comprehensive medical, vision and dental plan designed to help you and your family achieve and maintain good health and well-being.
Modern offers comprehensive retirement savings plans which include the Defined Benefit Pension Plan along with the 457b Deferred Compensation plan.
457 Deferred Compensation Plan is a voluntary plan that allows employees to defer a portion of their eligible bi-monthly earnings via payroll deductions on a pre-tax or after-tax basis (Roth contributions option) to an investment account.
Preparing for income replacement is an important part of a comprehensive benefit program, in the event you become ill or injured outside the workplace. Employees may elect comprehensive plans for both long-term and short-term disability insurance.
Modern provides a basic life insurance to all employees upon hire. Employees may elect additional coverage for themselves, their spouses and/or their children for life and accidental death and dismemberment plan (AD&D).
Just like you insure your car or home, you can get insurance that protects your income. If you become too sick or injured to work, disability insurance can help replace part of your paycheck. Medical insurance pays your doctor — disability insurance pays you.
Modern offers financial assistance for college courses related to your position or career path with the company.
Modern attracts people who have an appetite to learn and advance their careers.
Jury duty and Bereavement leave are both offered to Modern employees.
Modern is very proud to have employees who continue to serve our nation’s military. Modern complies with all regulations related to USERRA and thus provides its employees time off related to military service.
New Year’s Day, Presidents Day, Memorial Day, Independence Day, Labor Day, Veterans Day, Thanksgiving Day, Day after Thanksgiving, Christmas Eve, Christmas Day.