Ireland Benefits

Profit Sharing Pension Plan

			Contributed by Enterprise Rent-A-Car
	Provider		Zurich Life Assurance Company
	Eligibility for Profit Sharing Participation		Employees with one full year of continuous service
	Cost		Cost to administer the plan is deducted from employee fund balance
	Formula		A portion of world-wide net income determined at the discretion of the company is allocated to participants based on pay and length of service
	Investment Options		All annual amounts contributed to the plan by the company, and the plan balance, are invested in funds at the direction of the employee. The funds available are selected by the Trustees of the pension plan.
	Benefit		The level of benefit is determined by the value of an individual's retirement account. At retirement employees may buy a pension for life from an insurance company of their choice or choose other options available at that time. Currently options include the possibility of taking a portion of the fund as a tax-free lump sum and transferring the AVC balance into an investment policy in one's own name.

			Profit Sharing Pension Plan - Additional Voluntary Contributions (AVCs)
	Provider		Zurich Life Assurance Company
	Eligibility for Membership - AVC		Employees are eligible to join once they have completed six months service and can contribute Additional Voluntary Contributions (AVC) from that date
	Cost		Cost to administer plan is deducted from employee fund balance
	Employee Contribution		Beginning at time of membership, employees can make Additional Voluntary Contributions (AVCs) up to a maximum percentage of salary: Age Combined Maximum Up to 29 15% of relevant earnings 30-39 20% of relevant earnings 40-49 25% of relevant earnings 50-54 30% of relevant earnings 55-59 35% of relevant earnings Age 60 and over 40% of relevant earnings
	Investment Options		All annual amounts contributed to the plan by the employee, and the plan balance, are invested in funds at the direction of the employee. The funds available are selected by the Trustees of the pension plan.

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Time Off

	Private Holidays
	Level A employees who work variable hours/days are eligible for private holidays. The following criteria will be used in determining eligibility: a. 5 working weeks (4 weeks annual leave, 1 week ChoiceTime) in a leave year in which the employee works at least 1,365 hours b. 8% of the hours the employee works in a leave year, subject to the 5 working week maximum in which the employee works fewer than 1,365 hours.

	Public Holidays
	Level A employees having worked at least 40 hours over the preceding 5 weeks are entitled to public holiday pay. New Year's Day, St. Patrick's Day, Easter Monday, First Monday of May, First Monday of June, First Monday of August, Last Monday of October, Christmas Day, St. Stephen's Day

Other Benefits

Service Award Programme Bereavement Leave Employee Referral Scheme Employee Discounts Company Sponsored Events/Activities Childcare Vouchers Bike4Work Vouchers4Me

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