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Non-Bargaining Benefits at Xcel Energy
The Xcel Energy benefits program for non-bargaining employees offers a range of options and coverage levels so you can create a benefits package that works for you:
- Medical
- Dental
- Vision
- Employee Life Insurance
- Employee AD&D Insurance
- Dependent Life Insurance
- Dependent AD&D Insurance
- Optional Long Term Disability
- Health Care and Dependent Care Reimbursement Accounts
- Transportation Reimbursement Account
- Paid Time Off (PTO) Buy/Sell Program (part-time employees not eligible)
- Bus pass program in Denver and Minnesota Twin Cities metro areas
Coverage for eligible dependents includes:
- Medical
- Dental
- Vision
- Life Insurance
- Accidental Death and Dismemberment (AD&D) Insurance
Bargaining unit benefits are based on the contract negotiated with a specific local union.
Employees whose families are comprised of domestic partners and/or children of a domestic partner have participated in Xcel Energy benefits since 1992.
Pension: Xcel Energy provides a pension plan to help employees prepare for a financially secure retirement. The pension benefit is based on an employee's length of service and eligible compensation.
401(k) Savings Plan: Employees can make a combination of pre-tax and/or Roth 401(k) after-tax contributions. Employees choose how to invest their contributions from a number of investment options. Xcel Energy matches a portion of employee contributions up to 4% of pay.
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