Benefits of Working for Penlight

Salary

Peninsula Light Company offers very competitive wages and a robust benefits package

2 Retirement Plan Options

Choose 1 or both

  • Retirement Security – a defined benefit pension plan.
    This can provide a lifetime income with a contribution on your part.
  • 401(k) – a defined contribution pension plan
    A portion of your contributions to this investment account are matched.

Both plans are administered by the National Rural Electric Cooperative Association (NRECA) of 900 electric providers. There is a one-year waiting period before you can participate in these plans

Group Insurance Plans

  • Long Term Disability*
    Covers ⅔ of the annual base salary
  • Group Term Life and Accidental Death & Dismemberment Insurance*
    Covers 2 times base salary
  • Business Travel Accident Insurance
    Covers $100,000
  • Several forms of Supplemental Insurance*
    Supplemental insurance plan options available to increase coverage

Health Plans

  • Medical and Vision*
  • Dental
  • On-site Flu Shots

Vacation/Sick Leave/Holidays

  • Union employees earn vacation and sick leave
  • Non-union employees earn Paid Time Off (PTO)
  • All employees receive 11 paid holidays, covering public holidays and personal days

*These plans require employee contributions