The IDB Group tax reimbursement covers federal income tax, state tax, the employer portion of Social Security tax, the employer and employee portion of Medicare tax (including additional Medicare tax, if applicable). citizen staff members who receive net of tax compensation, therefore, also receive a quarterly tax reimbursement from the IDB Group. taxes on their IDB Group compensation wherever they reside with a limited exclusion from taxable income available to those who work and reside abroad. citizen staff members are subject to U.S. Repatriation Travel: For eligible staff members, the IDB Group offers a set of services and an allowance to assist with relocation from the staff member´s last post of duty to her/his point of origin (or place of hire, if applicable).ĭeath Benefit: Upon death while actively employed at IDB Group, the family of the deceased staff member receives a lump sum payment of one month of basic salary on the IDB Group international staff salary scale. This benefit is paid every 2 years of active service and includes a travel allowance and an additional allowance for the staff member and eligible dependents.Īppointment and Relocation Travel: The IDB Group offers services and allowance(s) to assist staff and eligible dependents when the staff member is required to relocate to a new post of duty. Home Country Travel: This benefit assists expatriate staff to maintain family, social, professional, and cultural ties with their home country. Payment may include a subsistence allowance for room & board, tuition reimbursement and any payment of subsistence (If applicable) will be paid up to reimbursement cap established for the academic year.įamily Planning Benefit: Consists of financial assistance granted by the IDB Group to a staff member for expenses incurred when planning to add a child to his/her immediate family through adoption, surrogacy, or reproductive assistance, regardless of the outcome of such endeavors.
The Education Benefit will be paid as a reimbursement at the end of the academic year, upon meeting the requirements set by the IDB Group at the rate of 50% of tuition for staff assigned to headquarters. It is based on eligibility criteria and subject to periodic dependent-status verification.Įducation Benefit for Dependent Children: By means of the Education Benefit IDB Group provides financial assistance to expatriate staff toward the cost of tuition of their dependent children (between 5 and 25 years old). IDB Group’s relocation and economic benefits are part of the compensation package provided for service to IDB Group’s mission.ĭependency Allowance: IDB Group’s dependency allowance is a payment on behalf of officially recognized dependents. Life, Accident, and Disability Insurance: IDB Group provides you with additional insurance against accidents, disability, and loss of life.Īdditional Health Services: Employee Assistance Program (confidential counseling and referral service to assist you and your family with personal or work-related problems), and Health Services Center.Įxpatriate, Economic, and Assignment-Related Benefits
Vision: Covers a portion of the expense for eye exams, frames and lenses, and contact lenses. Food and Drug Administration.ĭental Program: The Dental Plan covers routine preventive care, and other services including orthodontics. Prescription Drug Program: The Prescription Drug Plan covers medications your doctor prescribes that require a) written prescription in the U.S, and (b) for medications that have been approved by the U.S.
IDMG EMPLOYEE BENEFITS FULL
Medical Program: Full range of medical services, such as doctor’s visits, preventive care, hospitalization, outpatient care, planned procedures, emergency services, urgent care, and more. The IDB Group’s insurance programs provide staff, retirees, and their dependents access to medical, dental, life insurance and related services.
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