BENEFITS GUIDE This is your 2021 JCPenney - Alight
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
This is your 2021 JCPenney
BENEFITS GUIDE
090920JCPENNEY BENEFITS
JCPenney is proud to offer comprehensive benefits to you and your
Contents
family as we work together to return Penney’s to a position of health Health & Welfare Benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
and vibrancy.
Paid Time-Off Benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
This Benefits Guide provides an overview of the plans and options
Benefits Eligibility . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
available to you. For more detailed information, please visit the
JCPenney Benefits website (see access instructions on last page). The Basics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
If you are a newly hired associate, you must enroll for benefits within Medical Coverage Through the Marketplace . . . . . . . . . . . . . . . 7
your first 30 days of employment to have coverage for the remainder Medical . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
of the year.*
Health Accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Ongoing associates must actively enroll for benefits each year during Prescription Drugs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Annual Enrollment (an approximate two-week period in October or
November). Benefits do not automatically roll over from year to year. Dental . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
Vision . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
If you’ve had a recent change in your benefits eligibility, you must
enroll by the deadline listed on your JCPenney Benefits Center Flexible Spending Accounts (FSAs) . . . . . . . . . . . . . . . . . . . . . 17
enrollment letter. 401(k) Safe Harbor Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Paid Time Off . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
JCPenney spent Other Time Off . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
$
298 million
more than Basic Life Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
Supplemental Life Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . 21
on 401(k) Company match, health & welfare Term Life Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
and paid time-off benefits in 2019.
AD&D Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Short-Term Disability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Basic Long-Term Disability (LTD) Insurance . . . . . . . . . . . . . . . . 23
Supplemental LTD Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Other Benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
Additional JCPenney-Provided Benefits . . . . . . . . . . . . . . . . . 25
* Applies to most health & welfare benefits (medical, dental, vision, life insurance, etc.). Benefits Contacts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
401(k) may be elected at any time. Some benefits such as the Associate Discount are
provided automatically and do not require enrollment.
2021 Benefits Guide 2HEALTH & WELFARE BENEFITS
JCPenney offers two health & welfare benefit Eligibility ONGOING ASSOCIATES: Eligibility for Part-
packages, with initial eligibility based on your Time or Full-Time health & welfare benefits
employment status when hired, and then, NEW HIRES: is determined each year during the annual
on an ongoing basis, as measured during the —— If you are hired as a part-time associate, look-back.1
“annual look-back” period.1 you are eligible for Part-Time health &
If, during the annual look-back, you worked:
welfare benefits. After your first 11 months
As a JCPenney associate, you are eligible for Less than 1,560 hours (average less than
of employment, your hours worked will be
one of these two health & welfare benefits 30 hours per week), you will be eligible for
measured to determine if you will remain
packages: Part-Time health & welfare benefits.
eligible for Part-Time health & welfare
benefits or if you are eligible for Full-Time 1,560 or more hours (average 30 or more
PART-TIME: If you average less
health & welfare benefits. hours per week), you will be eligible for
than 30 hours worked per week
Full-Time health & welfare benefits.
—— If you are hired as a full-time associate,
FULL-TIME: If you average 30 or you are eligible for Full-Time health & PROMOTIONS: If you are promoted to
more hours worked per week welfare benefits. You will remain eligible certain Company-recognized “benefits-
This Benefits Guide provides highlights of for Full-Time health & welfare benefits qualifying” supervisor/manager positions, you
the benefits offered. Eligibility for each health for the remainder of the current and the will become eligible for Full-Time health &
& welfare benefit is indicated with following calendar year, even if your full- welfare benefits on your promotion effective
a Part-Time and/or Full-Time icon. time status changes during that time. date.
A list of benefits-qualifying positions can be
found on the JCPenney Benefits website >
PLEASE NOTE: Eligibility requirements for health & welfare benefits are different than those for Benefits Library > Health & Welfare Benefits.
paid time-off benefits.
PAID TIME-OFF BENEFITS
Hourly associates can view their
As a JCPenney associate, you may be eligible for one of three paid time-off benefit packages. current and projected benefits
Time-off benefits are categorized as either: eligibility at any time by clicking the
P
art-Time: If you work less than 30 hours per week on average and have three of more Benefits Eligibility tile on the JCPenney
years of continuous service with JCPenney2 Benefits website homepage.
Part-Time Plus: If you work 30–34 hours per week on average2
Full-Time: If you work 35 or more hours per week on average2
1 The annual look-back calculates average hours worked during a 52-week period that ends in September or October.
2 Average hours worked as measured by the Company during specific look-back periods. See the Time-Off section for more information.
2021 Benefits Guide 3BENEFITS ELIGIBILITY
PART-TIME FULL-TIME
Health & Welfare Benefits1 AvgBenefits Eligibility (Continued)
PART-TIME FULL-TIME
Health & Welfare Benefits1 AvgTHE BASICS
Who You Can Cover Paying for Coverage A qualified status change is defined by the
IRS and may include, but is not limited to:
When you elect benefits, you can also cover Some benefits are paid in part or in full
eligible dependents under certain plans. by you, while others are provided at no cost Change in legal marital status — marriage,
Eligible dependents include your: to you. divorce, legal separation, death of spouse
Change in number of dependents — birth,
Spouse If you are eligible and elect Medical, Dental, adoption or placement for adoption
Children or stepchildren under age 26 Vision or Hospital Indemnity coverage, or if Change in dependent’s age
Incapacitated children you choose to contribute to a Health Savings Change in place of residence or worksite
Account (HSA) or Flexible Spending Account Change in spouse’s coverage
Dependent Verification (FSA), your deductions and contributions are
If you enroll new dependents, you must
Providing you and your eligible dependents taken out of your pay on a before-tax basis,
verify their eligibility upon enrollment and
with health & welfare benefits is important which lowers your taxable income. You may
periodically thereafter. The JCPenney
to JCPenney. Since everyone shares in the choose to contribute to your 401(k) on a
Benefits Center will send verification
cost of coverage, participants who enroll before-tax, after-tax Roth and/or after-tax
information to you after enrollment.
dependents in JCPenney medical and dental basis.
plans are required to provide documents All other deductions to pay for benefits are
to verify that their dependents meet the taken on an after-tax basis.
Annual Earnings for Benefits
eligibility requirements. Your annual earnings for benefits (AEB) is
used to determine Medical premiums, as well
Once you enroll your dependents for Changing Your Coverage as benefits for Life Insurance, Long-Term
coverage, the JCPenney Benefits Center will
The health & welfare benefits you elect Disability, AD&D Insurance and Business
send you a dependent verification notice
during Annual Enrollment are effective Travel Accident.
that outlines the steps you need to take to
Jan. 1 through Dec. 31, 2021, so choose your
establish that your dependents are eligible If you are a new hire, your AEB is calculated
benefits coverage carefully. As a rule, once
for coverage. Coverage for your dependents based on your current annualized base pay,
you are enrolled, you may not change, add
is contingent on you successfully completing rounded up to the next $1,000. In following
or drop your benefit choices until the next
the process within the required timeframe. years, your AEB is the greater of: Current
annual enrollment period (which usually occurs
You may be required to reverify your in October or November, for coverage the annualized pay + bonus paid calendar
dependents in future years. following year). year-to-date OR gross wages for the prior
calendar year rounded up to the next $1,000.
Certain changes may be allowed during the Earnings used to calculate AEB are obtained
year if you have a qualified status change annually, a few weeks prior to annual
that is reported to the JCPenney Benefits enrollment.
Center (either online or by phone). In most
cases, the qualifying status change must be
reported within 60 days after the event.
2021 Benefits Guide 6MEDICAL COVERAGE THROUGH THE MARKETPLACE
The JCPenney Part-Time health & welfare benefits package does Marketplace Application
not include medical coverage. Instead, you may purchase medical
If you decide to complete an application for medical coverage in the
coverage through state or federal Marketplaces. Marketplaces are
Marketplace, you will be asked to provide information about health
designed to help you find medical coverage that meets your needs
coverage offered by your employer. Complete your application using
and fits your budget. And, depending on your income and number
the information below. It is numbered to correspond to items in the
of dependents, you may be eligible for a tax credit that lowers your
Marketplace application.
monthly premium.
3. Employer Name: JCPenney
You can get Marketplace information by:
Visiting www.Healthcare.gov 4. Employer Identification Number (EIN): 13-5583779
Calling the Marketplace at 1-800-318-2596 5. Employer Address: 6501 Legacy Dr.
The enrollment period for 2021 benefits through the Marketplace is 6. Employer Phone Number: 1-888-890-8900
Nov. 1–Dec. 15, 2020. 7. City: Plano
IMPORTANT NOTE: Tax subsidies for Marketplace coverage are 8. State: TX
only available to those who are not eligible for qualified employer-
9. Zip Code: 75024
sponsored medical coverage. In other words, full-time associates who
are eligible for JCPenney medical coverage are not eligible for a tax 10. Who can we contact about employee health coverage at this job?:
subsidy for coverage through the Marketplace. JCPenney Benefits Center
11. Phone Number (if different from above):
11.4 million
12. Email Address: Not Available
people 13. Is the employee currently eligible for coverage offered by this
get medical coverage through employer, or will the employee be eligible in the next three
Marketplace exchanges. months?: No
14. Does the employer offer a health plan that meets minimum value
Source: Kaiser Family Foundation standard?: No
2021 Benefits Guide 7Medical
JCPenney offers three medical plans to help Medical Carriers
protect your physical and financial health. All Blue Cross and Blue Shield of Texas MOVES/TRANSFERS: If a mid-year move
three plans cover the same treatments and (BCBSTX) and Cigna administer JCPenney or transfer causes your medical carrier
medications, but have different premiums, medical plans. Your carrier is determined to change (for example, you move from
deductibles and co-insurance. Your medical by your home location and is automatically California to Florida), your claims data,
plan options: assigned when you enroll. including the amount you have paid toward
HRA 1100 your deductible and out-of pocket maximum
The carriers’ network of doctors and hospital will automatically transfer to the new carrier.
——Includes a Company-funded Health will vary, but the benefits and premiums are
Reimbursement Account (HRA) the same for both.
HSA 1600
Blue Cross and Blue Shield of Texas ID Cards
——Includes a Health Savings Account You will receive a new medical ID card only
will be your carrier if you live in:
(HSA) with Company contribution if you are a new Medical plan enrollee or you
Alabama, Alaska, Arizona, Arkansas,
HSA 2100 changed plans from last year.
California, Delaware, Idaho, Illinois, Indiana,
——Includes a Health Savings Account (HSA) Iowa, Kentucky, Louisiana, Michigan, If you require medical services, but do not
Minnesota, Mississippi, Missouri, Montana, have your ID card, contact the carrier to
Nebraska, Nevada, New Jersey, New Mexico, verify coverage and print a temporary card
from the carrier’s website. You may also use
North Dakota, Ohio, Oklahoma, Oregon,
NEW HIRES: If you enroll for Medical the carrier’s app to display your ID card.
Pennsylvania, Rhode Island, South Carolina,
coverage within 30 days of hire, your
coverage will be effective on your hire
South Dakota, Tennessee, Texas (except in Medical Carrier Apps
the greater Dallas/Fort Worth area1), Virginia, Download your medical carrier’s app to
date, but your premiums will not begin
Washington, West Virginia or Wisconsin. quickly find in-network doctors or check
until your 31st day of employment.
claims and deductible expenses.
Within a few days of your enrollment, Cigna will be your carrier if you live in:
the carrier will be notified, and providers Colorado, Connecticut, the greater Dallas/ Visit www.BCBSTX.com/mobile or
will be able to verify your coverage. Fort Worth Texas area,1 the District of www.My.Cigna.com for details.
Generally, you will receive a Medical ID Columbia, Florida, Georgia, Hawaii, Kansas,
card within two weeks of enrolling. Maine, Maryland, Massachusetts, New
Hampshire, New York, North Carolina, Utah,
To view in-network providers prior
Vermont or Wyoming.
to enrolling, see the Find a Provider
instructions on the JCPenney Benefits
website > 2021 Benefits Info.
1 A list of counties included in Cigna’s greater D/FW coverage area can be found on the JCPenney Benefits website.
2021 Benefits Guide 8Medical (Continued)
Preventive Care Telehealth Services Employee Assistance Program (EAP)
All medical plans provide in-network All medical plans include convenient, All medical plans include EAP coverage,
preventive care covered at 100 percent (no low-cost telehealth services through a benefit that provides free, confidential
cost to you). Preventive services include MDLive. Telehealth provides 24/7 access to assistance from licensed counselors to
annual wellness exams, routine immunizations quality, non-urgent care by phone or video. address a variety of issues such as mental
and health screenings based on age and You can see a doctor or behavioral health health problems, domestic abuse, financial
gender. specialist without leaving the comfort of your worries, emotional difficulties and substance
own home. abuse.
For a full list of covered preventive care
services, see the Preventive Care Guidelines Telehealth doctors can treat conditions You and your covered dependents can
on the JCPenney Benefits website > Medical such as allergies, asthma, flu, infections, receive up to three free visits per issue, per
Tools. nausea, anxiety or depression, and prescribe year. Experienced counselors are available 24
medication when appropriate. hours a day, seven days a week.
Lab Work
Telehealth is great for those times you need Contact the EAP provider associated with
Ask your physician to send non-preventive a doctor in the middle of the night. The call your medical carrier:
lab work to independent facilities such as will be quicker if you’ve preregistered. You Blue Cross and Blue Shield of Texas
LabCorp or Quest Diagnostics to avoid may set up an account any time online or by
paying a higher co-insurance amount (50%) yy VIsit www.MagellanAscend.com
phone. There’s no charge to register; you’ll or call 1-800-588-8419
after you meet your deductible. If there are just need to provide some basic information
no LabCorp or Quest Diagnostics facilities in and your medical ID number. Cigna
your area, call the customer service number
yy Call 1-855-218-6102
on the back of your medical ID card for Register or make an appointment with your
medical carrier’s telehealth provider: Associates without medical coverage may
assistance finding another independent lab.
contact Cigna for EAP services.
Blue Cross and Blue Shield of Texas
yy Visit www.MDLive.com/bcbstx or call
75%
The number of no-cost 1-888-680-8646 or download the
preventive care services
available to adults: 21 MDLive app from the App Store or
Google Play.
Cigna
Almost of all doctor,
urgent care, and ER visits are either
unnecessary or could be handled
Source: Healthcare.gov yy Visit www.mycigna.com > Find Care & safely and effectively over the
Costs > Telehealth Connection phone or video.
yy Visit www.MDLiveForCigna.com
or call 1-888-726-3171. Source: American Medical Association
and Wellness Council of America
2021 Benefits Guide 9Medical (Continued)
Your Medical Plan Options and Benefits
HRA 1100 HSA 1600 HSA 2100
Preventive Care (in-network) 1
All coverage levels 100% covered 100% covered 100% covered
Annual Deductible (in-network)
You Only $1,1002 $1,600 $2,100
You + Spouse, Children or Family $2,200 2
$3,200 3
$4,2003
Co-Insurance (in-network; after you meet the deductible)4
All coverage levels You pay 20% You pay 30% You pay 30%
Annual Out-of-Pocket Maximum (in-network) 5
You Only $5,500 $6,500 $6,750
You + Spouse, Children or Family $11,000 6
$13,000 6
$13,5006
Associated Health Account
HRA HSA HSA
Health Account Contributions from JCPenney7
You Only $200 HRA $500 HSA $0
You + Spouse or Children $400 HRA $750 HSA $0
You + Family $600 HRA $1,000 HSA $0
Health Account Contributions from You
$0. You cannot Up to $3,600 for individual or $7,200 for family
contribute to an HRA. (including any Company contribution). Age 55 and
older: additional $1,000 catch-up contribution.
1 Includes preventive lab work at any in-network facility.
2 Prescription drug costs do not apply to the HRA 1100 medical deductible. Individual deductible: $1,100 or shared family deductible: $2,200.
3 There is no individual deductible when you cover a dependent. The deductible may be met by one or more family members.
4 Co-insurance is 50% if non-preventive lab work is performed at facilities other than independent labs such as Quest Diagnostics or LabCorp. If there are no Quest of LabCorp
facilities in your area, call your carrier’s customer service for assistance finding another independent facility. Lab work performed in emergency rooms or urgent care centers are
covered at the in-network level.
Out-of-network dialysis treatment is not covered; you pay 100% of the cost, and the amount does not apply to your deductible or out-of-pocket maximum.
A $250 per person surcharge will apply, in addition to any deductible and co-insurance, on the sixth and all subsequent visits to the ER.
5 There is no out-of-pocket maximum for out-of-network providers, which means there is no cap on the amount you pay if you receive services from an out-of-network provider.
6 Once an individual has expenses equal to the “You Only” out-of-pocket maximum, future expenses for that individual will be paid 100 percent by the plan.
7 JCPenney contributions are pro-rated for new hires.
2021 Benefits Guide 10HEALTH ACCOUNTS
Health Savings Account (HSA)
If you enroll in the HSA 1600 or HSA 2100 HSA Advantages JCPenney Contributions
medical plan, you may open a Health Savings JCPenney contributes to your HSA if you
An HSA offers you flexibility in how you
Account (HSA).1 Your HSA is administered by elect the HSA 1600 medical plan and
spend and save your healthcare dollars.
HealthEquity. according to the coverage level elected.
Your HSA offers triple tax savings:
An HSA is a special, tax-advantaged account ——Contributing to your HSA before taxes You Only: $500
that you can use to pay medical, prescription are withheld lowers your taxable You + Spouse or Child(ren): $750
drug, dental and vision deductibles, co-pays income. You + Family: $1,000
and co-insurance. There is no other type of ——HSA earnings grow tax-free.
Contributions are pro-rated for new hires,
savings account that provides as many tax- ——You don’t pay federal income tax
and are paid on a per-pay-period basis.
saving advantages as an HSA. on HSA funds you withdraw to pay
eligible healthcare expenses.
You can use your HSA debit card to pay You can change your contribution HSA Contribution Limits for 2021
qualified healthcare expenses directly to amount at any time. The IRS limits how much you can contribute
the provider. Or, you may pay with your own Unused funds roll over each year. to your HSA each year, but there’s no limit to
funds and claim a reimbursement from your An HSA is your personal bank account. how large your account can grow over the
HSA through the HealthEquity website. You take the account and all funds if years. The contribution limits for 2021 are:
You may contribute to your HSA through you leave JCPenney or enroll in a non-
Y ou Only coverage: Up to $3,600
automatic pre-tax payroll deductions. qualified medical plan at a later date.
(including any JCPenney contribution)
You can use your HSA to pay current
Your contributions and any money that healthcare expenses. A full list of You + Spouse, Children or Family
JCPenney may contribute are deposited eligible expenses can be found at coverage: Up to $7,200
each pay period. You can use funds as your www.IRS.gov/publications/p502. (including any JCPenney contribution)
account balance allows. You can use your HSA to pay past If you are age 55 or older, you may
healthcare expenses as long the expense make an additional $1,000 catch-up
Funds are initially held in an interest-bearing was incurred after your HSA was opened. contribution.
FDIC-insured cash account. You can use your HSA to pay future
Note: If you enroll in the HSA 1600 or HSA healthcare expenses, even if you are no
longer enrolled in an HSA medical plan Among JCPenney associates who invest
2100 medical plan, you are not eligible for a
Healthcare FSA. and are no longer eligible to contribute to their HSA funds, the average balance is
8,183
your account.
When your HSA balance exceeds $1,000,
you can invest some or all of that amount
$
in a variety of mutual funds (not FDIC-
insured). Source: HealthEquity, mid-year 2020
1 See the medical plan SPD for additional HSA requirements.
2021 Benefits Guide 11Health Accounts (Continued)
Health Reimbursement Account (HRA)
If you enroll in the HRA 1100 medical plan, a Health Reimbursement HRA Advantages
Account (HRA) is automatically opened for you. Your HRA is Starting on the first day of coverage, your entire JCPenney-funded
administered by HealthEquity. HRA is available for you to use.
An HRA is a special account that is funded entirely by JCPenney. You Unused HRA funds roll over to the next year, as long as you remain
can use your HRA to pay medical, prescription drug, dental and vision in the HRA 1100 plan. However, if you leave the Company, change
deductibles, co-pays and co-insurance. to an HSA medical plan or drop medical coverage, you will forfeit
Using Your HRA all unused HRA funds.
There are three ways to use your HRA funds: While you cannot contribute to your HRA, you are eligible to open
a tax-advantaged Healthcare FSA which can also be used to pay
1. Use your HRA debit card to pay qualified healthcare expenses
qualified healthcare expenses.
directly to the provider.
2. Pay providers online through the HealthEquity website. JCPenney Contributions
3. Pay with your own funds and claim a reimbursement from your JCPenney funds your HRA according to the medical coverage level
HRA through the HealthEquity website. elected.
yy Reimbursement claims for services provided Jan. 1 to Dec. 31, You Only: $200
2021, must be submitted no later than March 31, 2022. You + Spouse or Child(ren): $400
In some instances, you may be required to provide an itemized receipt You + Family: $600
or explanation of benefits (EOB) to verify that an expense is eligible. Contributions are pro-rated for new hires.
2021 Benefits Guide 12PRESCRIPTION DRUGS
All three medical plan options include Preventive Drugs Maintenance Drugs Fill Options
prescription drug coverage, administered by
Certain preventive drugs are available at low- If you take maintenance drugs (like those
CVS Caremark.
or no-cost to you and are not subject to the used to treat chronic conditions such as
CVS Caremark’s network of pharmacies medical plan deductible. high blood pressure or high cholesterol) on a
include CVS Pharmacy as well as hundreds regular basis, be sure to have your physician
of non-CVS locations such as Costco, Sam’s Preventive drugs are available to treat serious write a 90-day prescription instead of a 30-
Club, Target, Walgreens, Walmart, and most health conditions such as asthma, chronic day presciption. You can:
major grocery chain pharmacies. obstructive pulmonary disease (COPD),
Have your medication delivered straight
coronary artery disease (CAD), congestive
Under the HSA 1600 and HSA 2100 medical heart failure (CHF) and diabetes. Other to your door by using CVS Caremark’s
plans, non-preventive prescriptions are preventive drugs include prenatal vitamins, convenient mail order service, or
subject to the medical plan deductible. This Pick up your prescriptions at any
smoking cessation drugs, immunizations,
means you must pay the full cost of your contraceptives and more. CVS Pharmacy.
prescription until you meet your deductible. MAINTENANCE DRUG SURCHARGE: If
Once your deductible is met, the plan begins Visit the JCPenney Benefits website for a list
you choose to fill your maintenance drug
paying a portion of the costs. of covered preventive drugs.
prescriptions at a pharmacy other than
CVS Pharmacy or CVS Caremark mail
Under the HRA 1100 medical plan, the plan Check Drug Cost
order service, you will pay a $15 surcharge
pays a portion of your prescription drug
Use CVS Caremark’s online Check Drug Cost in addition to the cost of your prescription.
costs whether you have met the medical
tool to see your costs and coverage based The surcharge applies after two non-CVS
deductible or not. There is also a separate
on the JCPenney medical plan you elect. fills, and does not apply to your deductible
out-of-pocket-maximum that applies to your
The tool also shows lower-cost generic or or out-of-pocket maximum. CVS Caremark
prescription drugs expenses.
preferred alternatives when available. Links will notify you if your prescription drugs are
to the tool are available on the JCPenney subject to the surcharge.
Benefits website.
49% of Americans used at
least one prescription
ID Cards
Only new Medical plan enrollees will receive a
in the past 30 days. new prescription ID card.
Mobile App
Source: National Center for Health Statistics, 2017
Download the CVS Caremark app to manage
your prescriptions on the go.
Visit https://info.caremark.com/mobile.
2021 Benefits Guide 13Prescription Drugs (Continued)
Your Prescription Drug Benefits1
HRA 1100 HSA 1600 or HSA 2100
Network Pharmacies (up to a 30-day supply)
Preventive No cost2 or you pay 10% No cost2 or you pay 10%, no deductible ($5 min.3/$25 max.)
($5 min.3/$25 max.)
Generic You pay 20% ($10 min.3/$100 max.) After medical deductible, you pay 20% ($10 min.3/$100 max.)
Preferred You pay 30% ($25 min.3/$100 max.) After medical deductible, you pay 30% ($25 min.3/$100 max.)
Non-preferred You pay 40% ($50 min.3/$200 max.) After medical deductible, you pay 40% ($50 min.3/$200 max.)
Specialty, preferred4 You pay 30% ($500 maximum) After medical deductible, you pay 30% ($500 maximum)
Specialty, non-preferred4 You pay 40% ($1,000 maximum) After medical deductible, you pay 40% ($1,000 maximum)
Home Delivery Mail Order (90-day supply)
Preventive No cost2 or you pay 10% No cost2 or you pay 10%, no deductible ($10 min.3/$50 max.)
($10 min.3/$50 max.)
Generic You pay 20% ($25 min.3 /$200 max.) After medical deductible, you pay 20% ($25 min.3/$200 max.)
Preferred You pay 30% ($50 min.3/$200 max.) After medical deductible, you pay 30% ($50 min.3/$200 max.)
Non-preferred You pay 40% ($100 min.3/$400 max.) After medical deductible, you pay 40% ($100 min.3/$400 max.)
Pharmacy Out-of-Pocket Maximum4
You Only $1,600 Combined with medical out-of-pocket maximum
You + Spouse, $3,2005 Combined with medical out-of-pocket maximum5
Children or Family
1 Certain prescription drugs are not covered under the Prescription Drug Program. The list of excluded drugs may change from time to time. See the Prescription Drug Exclusions List
on the JCPenney Benefits website or contact CVS Caremark for details.
2 Certain preventive medications are covered at 100 percent. All preventive prescriptions are available without a deductible requirement. See the Preventive Drug List on the
JCPenney Benefits website for details.
3 Or actual cost, whichever is less.
4 If your specialty medication has a manufacturer financial assistance program, the assistance does not apply to your deductible or out-of-pocket maximum. Certain specialty
medications have a different monthly co-pay based on the level of manufacturer assistance. Contact CVS Specialty Pharmacy if you have questions about your specialty drug
costs.
5 Once an individual has expenses equal to the “You Only” out-of-pocket maximum, future expenses for that individual will be paid 100 percent by the plan.
2021 Benefits Guide 14DENTAL
You can choose from three dental plan options, all administered by Aetna.
Dental Basic: Preventive and basic services only NEW HIRES: If you enroll for dental
Dental Plus: Preventive, basic, major and orthodontia services coverage within 30 days of hire, your
coverage will be effective on your hire
DMO (not available in all locations): Preventive, basic, major and orthodontia services
date, but your premiums will not begin
without a deductible, but only within Aetna’s DMO network.
until your 31st day of employment.
With the Dental Basic and Dental Plus plans, you can see any dentist you choose; however, Once enrolled, the carrier will be
in-network dentists have agreed to provide services at discounted rates. Out-of-network notified, and providers will be able to
providers will be paid for services up to a higher “reasonable and customary” (R&C) limit and verify your coverage.
you will be responsible for any charges over that amount.
ID cards are not provided for dental coverage. Your Social Security number is used to confirm
dental coverage with Aetna.
Your Dental Options and Benefits
Dental Basic Dental Plus DMO1
Annual Deductible
You Only $50 $50 $0
You + Spouse, Children or Family $150 $150 $0
Annual Maximum Benefit (the most the plan will pay in benefits)
All coverage levels $1,000 $2,000 No maximum
Examples of Covered Services
Preventive care Plan pays 100%2 (no Plan pays 100%2 (no Plan pays 100%. You pay $0.
(Oral exams, cleanings, X-rays, etc.) deductible). You pay $0. deductible). You pay $0.
Basic care Plan pays 70%2 (after Plan pays 80%2 (after Plan pays 100%. You pay $0.
(Fillings, extractions, sealants, etc.) deductible). You pay 30%. deductible). You pay 20%.
Major care Not covered. You pay 100%. Plan pays 50%2 (after Plan pays 50%. You pay 50%.
(Bridgework, crowns, inlays, etc.) deductible). You pay 50%.
Orthodontia Not covered. You pay 100%. Plan pays 50%2 (no Plan pays 50% (no deductible).
deductible), up to $2,000 Limited to one complete course
per person, per lifetime. of treatment per lifetime. You
You pay 50%. pay 50%.
1 You must use an Aetna DMO provider. View DMO provider list at www.Aetna.com > Find a Doctor > Not a member yet > Dentists. From the Select a Plan list, choose DMO/DNO.
2 For out-of-network dentists, you will be responsible for any charges over the reasonable and customary (R&C) limits, and those charges will not apply to your deductible.
2021 Benefits Guide 15VISION
Take care of your eyes and keep your Your Vision Benefits
vision crystal clear with vision coverage JCPenney
through VSP. You and your family can get In-Network Out-of-Network Optical
quality vision care and prescription eyewear
General Information
through an extensive network of providers
nationwide, as well as JCPenney Optical. Exam, lens, frame frequency 12 months 12 months 12 months
Exams
Use your JCPenney associate discount along
Exam benefit/allowance $20 co-pay $20 co-pay $55 allowance
with your VSP benefits at JCPenney Optical
($45 allowance)
to save even more.
Lenses
If you prefer, you can receive benefits from a Single vision $0 co-pay Up to $30 allowance
provider outside the VSP network, but your
Lined bifocal $0 co-pay Up to $50 allowance
costs may be higher.
Lined trifocal $0 co-pay Up to $65 allowance
Standard progressives $0 co-pay Up to $50 allowance
Premium/custom progressives $50 co-pay Up to $50 allowance $200 total
Lens Enhancements allowance
A fingerprint has 40 unique
for materials
characteristics, but the iris in your Scratch resistant coating $0 co-pay Not covered
(lenses and
256
eye has Polycarbonate lens benefit—child $0 co-pay Not covered frames or
Polycarbonate lens benefit—adult $35 co-pay Not covered contacts)
Tints $15 co-pay Not covered after a 20%
associate
Frames
Source: DiscoveryEye discount is
Frames $0 co-pay, Up to $70 allowance applied1
$130 allowance,
20% off overage
Contacts (in lieu of glasses)
Contact lenses $100 allowance Up to $85 allowance
Contact lens fit, follow-up $0 co-pay Not covered
Other
Laser surgery 15% off retail Not covered N/A
price or 5% off
promotional price
1 Associate discount is determined by type of payment provided at point-of-sale.
2021 Benefits Guide 16FLEXIBLE SPENDING ACCOUNTS (FSAs)
There are two types of FSAs, both Important FSA Information
administered by HealthEquity:
“Use it or lose it.” It is critical to estimate your expenses carefully so you can elect the
Healthcare FSA appropriate amount to contribute for the year. You must use the entire balance of your
Dependent Care FSA Healthcare FSA and/or Dependent Care FSA by Dec. 31, 2021, or you will lose any remaining
balance. You have until June 30, 2022, to submit claims for expenses you incurred before
FSAs allow you to save money by paying Dec. 31, 2021.1
for eligible expenses on a before-tax basis. Your annual contribution amount is deducted before tax in equal amounts per pay period.
Participation can also help you budget for You cannot stop or change your contributions during the year unless you have a qualified
expenses throughout the year. status change, such as a marriage, divorce or birth of a child.2
Pay for eligible expenses by using your If you leave JCPenney before the end of the year, you can only be reimbursed for claims
FSA debit card, paying providers online or incurred up to the day your coverage ends.
reimbursing yourself through funds transfer. You can only open a Healthcare FSA if you enroll in the HRA 1100 medical plan.
Note: If you enroll in the HSA 1600 or HSA 2100 medical plan, you are not eligible for a
Healthcare FSA.
FSA Highlights
Healthcare FSA Dependent Care FSA
What’s covered Qualified healthcare expenses not reimbursed by Day care costs for children under age 13 and
another plan, such as: other eligible family members, including:
yy Medical or dental deductibles yy Dependent care provided by other individuals
yy Medical or dental co-insurance yy Licensed nursery programs and day care centers
yy Vision co-pays
yy Costs for family or adult day care facilities
yy Qualified expenses even if you are not enrolled in a
dental or vision insurance plan
Annual contribution amount $2,750 maximum $5,000 maximum (or $2,500 if married
and file taxes separately)
Availability of funds Total annual election is available Funds are available only as the account
on Jan. 1 balance allows
1 Associates who terminate have 90 days from date of termination to submit claims.
2 Qualified status changes are described in detail in the General Information Summary Plan Description (SPD) located in the Benefits Library on the JCPenney Benefits website.
2021 Benefits Guide 17401(K) SAFE HARBOR PLAN
An important part of the JCPenney You can contribute in any of three ways: Company Match Contributions1
benefits package is the 401(k) Safe Harbor Before-tax JCPenney contributes to your retirement
Plan.1 This plan, along with Social Security —— C
ontributions are made before-tax; savings through a Company match. You
and your personal savings, can help you qualified withdrawals are taxable. become eligible to receive the Company
prepare for retirement. Roth match when you:
Whether part-time or full-time, you can —— C
ontributions are made after-tax;
H ave completed 12 months of service
participate in the 401(k) Safe Harbor Plan qualified withdrawals are tax-free.
Have worked 1,000 hours or more during a
on your first day of work as long as you After-tax
—— C
ontributions are made after-tax; 12-month period
are at least 21 years old.
qualified withdrawals on contributions are Once you are eligible, JCPenney matches
Enroll any time by logging in to the
tax-free; earnings are taxable. your contributions, dollar-for-dollar, up to
JCPenney Benefits website and selecting
five percent of your pay.
the Start Saving link. Enrolling in the 401(k) Investment Options
is a separate process; it is not part of the The Company match is contributed to your
You have a range of investment options3 to
annual benefits enrollment process. account each pay period, so the money is
choose from.
put to work right away.
Your Contributions2 Target retirement trusts are funds
managed by Vanguard, and are comprised Vesting1
You can contribute from one percent to 50
of a mix of stocks, bonds and cash based
percent of eligible pay, up to the IRS annual
on the year you expect to retire. The You are immediately vested in your own
limit of $19,500 ($26,000 if age 50 or older) to
mix automatically rebalances to become contributions as well as Company match
the Before-tax and/or Roth 401(k).
more conservative as your retirement contributions as soon as they are deposited.
Your 401(k) contributions are automatically date nears. This may be a good option
deducted from each paycheck. for you if you prefer a “set it and forget it” Rolling Money Over
You can change your contribution level and/or investment strategy. If you previously participated in another
Choose your own mix of investments from employer’s qualified retirement plan, you
your investment options at any time.
eight existing funds. Each fund has its own may be able to transfer (roll over) some or
investment objective and risk level. all of your distribution from your previous
A self-directed brokerage account allows employer’s plan to the JCPenney 401(k) Safe
1 The 401(k) Safe Harbor Plan’s Company match and savvy investors to choose from more Harbor Plan.
vesting provisions are only available to associates
hired or rehired after Jan. 1, 2007. Associates hired or
than 3,000 mutual funds, 10,000 publicly
rehired prior to 2007 have different provisions under traded companies, government securities, You may request a rollover from the
the 401(k) Savings Plan. Information about that plan CDs and more. Retirement Tools page on the JCPenney
can be found on the JCPenney Benefits website, in Benefits website or by contacting a benefits
the Benefits Library.
2 Contribution limits shown are for 2020 and are subject specialist at 1-888-890-8900.
to change by the IRS.
3 See the 401(k) SPD “Investing Your Savings” section for
additional details.
2021 Benefits Guide 18PAID TIME OFF
100%
COMPANY-PAID
JCPenney provides generous paid time-offbenefits, BENEFIT
called My Time Off or MTO. Time-off benefits are
1 PLEASE NOTE: Eligibility requirements for paid time-off benefits are
based on your employment status or average hours different than those for health & welfare benefits. See the next page for
how time-off benefits eligibility is determined.
worked as determined during specific measurement periods. Paid
time off can be used for vacation, personal or sick days.
Unused Hours at Year End
There are three time-off benefit levels:
If you live in states other than California, Montana or Nebraska
Part-Time: If you average less than 30 hours per week and have —— Hourly associates can roll over up to one average week of unused
three or more years of continuous service with JCPenney MTO hours for use in the following year.
Part-Time Plus: If you average 30–34 hours per week —— Salaried associates forfeit any unused MTO hours at the end of
Full-Time: If you average 35 or more hours per week the fiscal year. The new fiscal year starts with a zero balance; hours
How MTO Works are earned each month to use in the current year.
MTO is based on a fiscal year calendar. At JCPenney, the fiscal year If you live in California, Montana or Nebraska
generally runs from February to January; however, the exact start and —— By state law, associates have a rolling bank of time-off hours that
end dates change from year to year. Refer to your JCPenney fiscal cap, but do not expire. California associates’ cap is 1.5 times their
calendar for precise fiscal year dates. annual time-off weeks. Montana and Nebraska associates’ cap is
their annual time-off weeks plus one average week.
Hourly Associates
Time-Off Benefits
Part-Time Part-Time Plus Full-Time2
Service (Paid Time Off (Continued)
NEW HIRES: If you are hired as an hourly associate, your hours during PROMOTIONS: If you are promoted to certain Company-recognized
the first full eight weeks will be measured to determine eligibility supervisor/manager “benefits-qualifying” positions,1 you become
for time-off benefits that begin on the first day of the third month eligible for Full-Time time-off deposits on the first day of the third
following the end of the new hire look-back period. month after your promotion.3 On your promotion effective date, you are
eligible for Full-Time Incidental Time Off, which includes paid holidays.
Full-time new hires, hired into certain “benefits-qualifying” positions,1
will be eligible for Full-Time time-off deposits on the first day of the
third month after hire, and are eligible for Full-Time Incidental Time Salaried Associates
Off, which includes paid holidays, on the date of hire. NEW HIRES: If you are hired as a salaried associate, you are eligible
ONGOING ASSOCIATES: Eligibility for time-off benefits is for Full-Time time-off benefits and receive your first deposit of MTO
determined during any of three look-back periods. hours on the first day of the third month of employment.3
Spring and fall look-backs: Eight-week measurement periods that You will remain eligible for Full-Time time-off benefits as long as you
end in April and October, respectively. Part-Time Plus or Full-Time remain a salaried associate.
time-off deposits earned in the:
yy Spring look-back begin Aug. 1 and end on the last day of the fiscal
year.
OTHER TIME OFF
yy Fall look-back begin on the first day of the following fiscal year1 and Leave of Absence (LOA)
end July 31. At some point in your career, you may need to take time off from
workto handle certain personal issues or responsibilities. You may
Annual look-back: A 52-week measurement period that ends in
request LOA if you meet state, FMLA or military leave requirements
September or October.
and JCPenney LOA policy requirements. To request an LOA, notify
yy Part-Time time-off benefits can be earned only through the annual your unit leader and call the JCPenney Absence Management Center
look-back. If eligible, you will receive, on the first day of the fiscal year2, at 1-877-527-0722.
a deposit of MTO hours equal to one average week.
yy If you become eligible for Part-Time Plus or Full-Time time-off Incidental Time Off
benefits during the annual look-back, you will remain eligible for 12
Part-Time Incidental Time Off provides paid time off for jury/witness
months.
duty and voting time. Full-Time Incidental Time Off provides paid
If your average annual look-back hours are different than your average
time off for jury/witness duty, voting time, emergency, bereavement/
spring or fall look-back hours, the hours that are more favorable to
funeral leave and paid holidays.
you will be used for the specified time period (spring or fall: 6 months,
annual: 12 months). Eligibility requirements and maximum benefit allowances for each
specific event can be found in the Incidental Time-Off policies,
located on the JCPenney Benefits website > Benefits Library.
1 A list of benefits-qualifying positions can be found on the JCPenney Benefits website > Benefits Library.
2 First day of the fiscal year or Feb. 1, whichever is later. For example, if the first day of the fiscal year is Jan. 28, the time-off benefit would begin Feb. 1. If the first day of the fiscal year is Feb. 3,
the time-off benefit would begin Feb. 3.
3 The month in which you are hired counts as your first month of employment, even if you are hired on the last day of the month. For example, if you are hired on Sept. 30,
you
2021 will beGuide
Benefits eligible and receive your first monthly MTO deposit on Nov. 1. 20BASIC LIFE INSURANCE
A basic rule of thumb is
JCPenney automatically provides full-time associates with Basic Life Insurance coverage equal
to one times annual earnings for benefits (AEB). Administered by Cigna, Basic Life Insurance that your life insurance
100%
helps you prepare your family for the future in case the unexpected happens. Your Basic COMPANY-PAID benefit should be up to
BENEFIT
5 to 10 times
Life Insurance is completely paid by JCPenney — there is no cost to you and no need to
enroll.
your annual salary.
SUPPLEMENTAL LIFE INSURANCE
Source: Money.CNN.com
You may purchase additional life insurance coverage for yourself and/or your family at your own expense.
Supplemental Life coverage is especially important if you and/or your spouse provide significant financial
support for your family.
Included with your Cigna Supplemental Life Insurance: educational resources and discounts to help you with
money management, identity theft, will preparation, travel assistance, wellness programs and more.
Supplemental Life Options and Benefits
You Only Spouse Child(ren)
Options available: Options available: Options available:
yy 1x–8x your AEB yy $10,000–$250,000 yy $10,000 per child
yy $10,000 minimum yy Your spouse’s coverage cannot be more than yy $15,000 per child
yy $5 million maximum your total coverage (Basic + Supplemental) yy $20,000 per child
Note: Evidence of insurability (EOI) questionairre and carrier approval is required for coverage increases.
2021 Benefits Guide 21TERM LIFE INSURANCE
The average life policy
JCPenney offers part-time associates access to Term Life Insurance through Cigna. Term Life Insurance
can help give you peace of mind that your family is protected. You may purchase this coverage for yourself need is about
as well as your spouse and/or child(ren).
Included with your Cigna Term Life Insurance: educational resources and discounts to help you with money
management, identity theft, will preparation, travel assistance, wellness programs and more.
$ 459,000
but the average policy
owned is about $126,000.
Term Life Insurance Options and Benefits
You Only Spouse Child(ren) Source: LIMRA Consulting
Options: Options: Options:
yy Increments of $10,000, yy Increments of $5,000, yy $2,500 per child
up to a maximum up to a maximum of $30,000 yy $5,000 per child
of $150,000 yy Spouse’s coverage cannot be more than yy $10,000 per child
100% of associate coverage amount
Note: Evidence of insurability (EOI) questionairre and carrier approval is required for coverage increases.
ACCIDENTAL DEATH and DISMEMBERMENT (AD&D) INSURANCE
You may purchase AD&D Insurance that pays a benefit if you or a covered family member is in an accident and get hurt or die.
The amount of your benefit depends on your level of coverage and type of loss.
AD&D Insurance Options and Benefits
FULL-TIME PART-TIME
You Only Spouse Child(ren) You Only Spouse Child(ren)
Options: Options: $25,000 per child/ Options: Same as associate $5,000 per child/
yy 1x–8x your AEB yy Same as associate covered loss Increments of $10,000, coverage amount, covered loss
coverage amount up to a maximum of up to $30,000
yy $10,000 minimum
yy $10,000 minimum $150,000
yy $1 million maximum
yy $300,000 maximum
2021 Benefits Guide 22SHORT-TERM DISABILITY
Short-Term Disability provides a weekly Short-Term Disability Benefits
income if you are unable to work due to 100% Consecutive weeks Portion of pay received
a qualifying illness or injury. COMPANY-PAID you are unable to work
BENEFIT from date of disability Salaried Full-time hourly
Your Short-Term Disability coverage is
Weeks 2–8 100% 80%
completely paid by JCPenney — there is no
cost to you and no need to enroll. Weeks 9–26 70% 60%
BASIC LONG-TERM DISABILITY (LTD) INSURANCE
JCPenney automatically provides you with
Basic LTD Insurance. Basic LTD Insurance, 100%
Basic LTD Insurance Benefits1
yy Company-paid coverage
90% of disabilities
in the U.S. are due to
administered by Cigna, pays 50 percent COMPANY-PAID
yy Replaces 50% of monthly AEB
of your annual earnings for benefits (AEB),
BENEFIT illness vs. injury.
yy U
p to $5,000 monthly maximum
up to a $5,000 monthly maximum, if you
benefit
are disabled for more than 180 days due Source: Disability Insurance Advisor
yy 180-day waiting period
to a covered illness or injury. Your Basic LTD Insurance is
completely paid by JCPenney — there is no cost to yy Basic LTD benefits are taxable
you and no need to enroll.
SUPPLEMENTAL LTD INSURANCE
46% of all home
foreclosures are caused
by a disability.
If you wish, you may enhance your Supplemental LTD Insurance Benefits1
Basic LTD coverage by purchasing yy Associate-paid, after-tax premiums Source: Federal Home Loan Bank
Supplemental LTD Insurance. Together, yy Replaces 60% (Basic + Supplemental) of monthly AEB
your Basic and Supplemental LTD yy Up to $15,000 monthly maximum benefit
coverage provide 60 percent of your
yy 180-day waiting period
AEB, up to a $15,000 monthly maximum.
yy Supplemental LTD benefits are generally not taxable
You pay the full cost of Supplemental
coverage on an after-tax basis.
1 Benefits can continue until you are able to return to work or reach the maximum benefit period. Note: Evidence of insurability (EOI) questionnaire may be required.
2021 Benefits Guide 23OTHER BENEFITS
Legal Service Plan Critical Illness Insurance*
MetLife Legal Plans provides a wide range of legal advice and Critical Illness Insurance is administered by Aflac. The plan pays
fully covered legal services for you and your eligible dependents each covered person upon the initial diagnosis of a specifically
through a network of more than 12,000 plan attorneys. Some covered critical illness. You can choose from $5,000 to $50,000 in
examples of covered services include: coverage. Benefits are paid for the illnesses based on occurrence.
yy Preparation of wills and codicils This plan is portable, which means you can take it with you if you
yy Speeding ticket defense leave JCPenney, with certain stipulations.
yy Property tax protest
yy Personal bankruptcy
yy Estate planning
Hospital Indemnity*
yy Sale, purchase or refinancing of your primary residence, second or Hospital Indemnity is administered by Aflac. The plan pays you
vacation home and your covered dependents a benefit when you are admitted
yy Civil litigation defense to a hospital for an overnight stay. This plan pays $500 daily for
yy Home equity loans hospital confinements with a 10-day annual maximum benefit.
yy Identity theft services
For more information, go to the Other Benefits page on the JCPenney Commuter Benefit
Benefits website or visit www.LegalPlans.com.
JCPenney offers the Commuter Benefit to make riding a train,
bus, ferry or van pool to work more affordable. The cost of
Accident Insurance* these commuting options is deducted from your paycheck each
month before tax, so you see savings in the form of reduced tax
Accident Insurance is administered by Aflac. The plan provides
withholdings. To learn more about this benefit or to enroll, go to the
benefits directly to you if you get hurt and require medical
JCPenney Benefits website > Other Benefits.
services as a result of a specifically covered off-the-job accident.
The plan pays benefits regardless of other insurance you may have.
You may take this coverage with you if you leave JCPenney in certain College Savings & Student Loan Repayment
circumstances. Work-related accidents or sicknesses are not covered
Administered by LEAF Education Benefits, this program allows
under this plan. The amount of your benefit is determined by the type
you to make regular after-tax payroll contributions to an existing 529
of injury.
College Saving Plan and/or make payments toward an existing student
loan (JCPenney does not contribute to either option). There is no cost
to you to use the service. To learn more and to enroll any time, go to
the JCPenney Benefits website > Other Benefits.
* Age restrictions may apply.
2021 Benefits Guide 24ADDITIONAL JCPENNEY-PROVIDED BENEFITS
100%
COMPANY-PAID
Associate Discount Program BENEFIT
You and your eligible dependents can receive a discount on You will receive an associate discount card during your
JCPenney merchandise and services. Although some restrictions new hire orientation. You may also request additional cards for eligible
apply, your associate discount benefits may be combined or dependents up to age 19.
“stacked” with most JCPenney sales and promotions.
Form of Payment Merchandise Services Other
JCPenney credit card 25% discount 20% discount 10% discount
JCPenney MasterCard
JCPenney gift card
Cash or personal check
Debit card 20% discount 15% discount 5% discount
Credit card (not listed above)
PayPal
“Other” Includes: Limitations and Restrictions
yy Televisions No discounts are available for:
yy Electronics including laptops and yy Gift cards
Smart Home electronics yy Shipping and handling
yy Discovery Kids yy Optometrist exams
yy Smart watches and Fitbit trackers yy Furniture, TV and Fitness Protection Plans
yy Pre-owned watches yy Delivery fees, service fees
yy Fitness equipment yy Certain items that have proceeds sent to charity
yy Snacks and beverages yy Window measure and install
2021 Benefits Guide 25Additional JCPenney-Provided Benefits (Continued)
100%
COMPANY-PAID
Paid Parental Leave (PPL) Business Travel Accident (BTA) BENEFIT
Paid Parental Leave provides eligible associates with up to two JCPenney automatically provides you with BTA
average weeks of paid time off following the birth, adoption or foster Insurance coverage if you are injured while traveling on Company
care placement of their child. business. BTA Insurance is completely paid by JCPenney — there is
no cost to you and no need to enroll.
Eligibility requirements and additional information can be found in
the Paid Parental Leave Policy, located in the Benefits Library on
the JCPenney Benefits website. To request PPL, notify your unit JCPenney Perks
leader and call the JCPenney Absence Management Center at JCPenney Perks is a discount program available to all associates
1-877-527-0722. and their family members.
At JCPenney.PerkSpot.com, you’ll find thousands of national and
Adoption Assistance local discounts on everything from household essentials to once-in-
Qualified adoption expenses may be reimbursed tax-free, a-lifetime vacations.
up to $5,000 per covered adoption. The IRS defines qualified Travel Vehicles Flowers
adoption expenses as expenses that are reasonable, necessary and Event tickets Gyms Software
directly related to the adoption of an eligible child. Cell phones Restaurants And more
JCPenney Perks is free to browse and easy to use.
1. Create an account at JCPenney.PerkSpot.com using your personal
JCPenney associates or work email address.
Approximately
saved more than
135,000
2. Choose the product categories that most interest you.
$
715 million
3. Opt in or out of weekly emails about featured discounts.
Discounts are added and changed regularly. “Perk Alerts” discounts
children are adopted in the change daily.
last year by using
U.S. each year.
JCPenney Perks.
Source: AdoptionNetwork.com Source: PerkSpot, 2019
2021 Benefits Guide 26You can also read
