Reduced Schedule/Work Week FAQ...
Frequently
Asked Questions (with Answers)
Reduced schedule/work week currently scheduled from March 13
through May 3, unless extended
Question: I
am now on a reduced schedule, am I eligible to apply for
unemployment?
Answer:
Your eligibility for unemployment compensation depends on
whether you want to take days when you are not scheduled as unpaid or as
PTO. You can:
1. Take the unpaid days as PTO
(in which case you are ineligible to apply for unemployment)
2. Take one day as PTO and one day unpaid
(in which case you are eligible to apply for one day of unemployment)
3. Take both days as unpaid (in which case
you are eligible to apply for both days as unemployment)
Please work with your manager regarding your decisions
regarding the unpaid days and your manager will communicate your
decision to HR.
Question: I am on a reduced schedule- am
I still eligible for medical/dental benefits?
Answer:
There has been no change to your eligibility for
medical/dental benefits. If you have a specific benefit question, please
reach out to someone on the HR team.
Families First Coronavirus Relief Act
Question: Where can I get more information about the
Families First Coronavirus Relief Act (the “FFCRA)?
Answer:
There are posters up in the Distribution Center and at 33
Federal with information about the FFCRA with this information also available
online on Sharepoint here. If you have any additional questions, please
reach out to Marc Vettori.
401(k) Plan
Question: When
can I change my 401(k) contribution rate?
Answer:
While we worked to get plans finalized as quickly as
possible, we could not do so prior to the April 7th deadline for
401(k) changes. According to the terms
of Dansko’s current 401K Retirement Plan at Transamerica, participants may
update their deferral percentage at the beginning of each quarter (1/1, 4/1,
7/1, 10/1). Participants can elect changes to their deferral percentage by
responding to Brenda Zurl (who sends a reminder prior to the beginning of each
quarter). However, we are working
closely with Dansko’s third party Plan Administrator to explore
options for a potential change to the plan guideline during the
Covid-19 pandemic to allow for participants to make a change to their deferral
percentage outside current guidelines. We
will update you with more information when available.
Question: As related to my 401(k), where can I get
information about relief under the CARES Act?
Answer:
We have been in contact with Dansko’s third party Plan
Administrator and Transamerica regarding the adoption of the 401(k) relief
under the CARES Act. This is being addressed and Transamerica is
targeting April 20th to begin adoption of
these relief efforts. Communications about the relief will be shared with
participants when available– please stay tuned.
If you have any other specific questions, please contact a
member of the HR team.
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