Company Profile
Company Overview
The Metropolitan Washington Airports Authority operates a two-airport system that provides domestic and international air service for the mid-Atlantic region. The organization consists of more than 1,300 employees in a structure that includes central administration, airports management and operations, and police and fire departments. In addition to operating Ronald Reagan National and Dulles International Airports, the Airports Authority is responsible for capital improvements at both airports.
Company History
On June 7, 1987, Washington Dulles International and Washington National Airports were transferred to the Airports Authority under a 50-year lease authorized by the Metropolitan Washington Airports Act of 1986, Title VI of Public Law 99-500. All property was transferred to the Airports Authority and the Federal government holds title to the lease. Prior to the transfer, the airports were owned and operated by the Federal Aviation Administration in the U.S. Department of Transportation.
The Airports Authority operates a two-airport system that provides domestic and international air service for the mid-Atlantic region. The organization consists of more than 1,300 employees in a structure that includes central administration, airports management and operations, and police and fire departments.
On February 6, 1998, President William Jefferson Clinton signed into law the bill introduced and passed in Congress that changed the name of Washington National Airport to Ronald Reagan Washington National Airport.
In addition to operating Reagan National and Dulles, the Airports Authority is responsible for capital improvements at both airports. Major renovations at Reagan National Airport resulted in the opening of Terminal B/C on July 27, 1997--providing more comfortable and efficient passenger facilities that are convenient to the Metrorail system and parking garages. The Dulles Development program, or D2, is a major capital construction program to improve the facilities and provide additional capacity at Dulles Airport. The D2 program includes construction of a new airport traffic control tower, a fourth runway and the AeroTrain--an underground Airport train system, which will transport passengers between the Main Terminal and the midfield concourses when it opens in 2009.
The Airports Authority is not taxpayer-funded but is self-supporting, using aircraft landing fees, rents and revenues from concessions to fund operating expenses. The Dulles Development Program is funded by bonds issued by the Authority, Federal and State Airport Improvement Program funds, and Passenger Facility Charges.
Benefits
For Your Benefit...
A Summary of the Benefit Programs offered by the
Metropolitan Washington Airports Authority What we offer…
If you are considering a job opportunity with the Metropolitan Washington Airports Authority, we want you to know that pay represents only a portion of total compensation. The benefits available to you as an Authority employee can assist you while you are working and help you plan for a comfortable retirement. A typical benefits package with the Authority usually represents an additional 30 percent of pay.
Understanding the benefits available to you is the best way to determine if the Authority could be your next employer. Below is a summary of the different benefits offered to all regular, active employees with the Authority.
Health Insurance Program
The Authority typically offers two different health care plans to provide you and your family with protection when you incur health care expenses. Employees may select from a Preferred Provider Organization or a Health Maintenance Organization. You may elect to cover yourself, yourself plus one other dependent, or yourself and your entire family. Either plan offers comprehensive medical services at a reasonable bi-weekly contribution rate. These programs include prescription drug and vision benefits.
We also offer a separate dental program (including preventative, basic and major restorative services, including orthodontia) for an additional fee.
The Authority pays for 80 percent of the total cost of your health insurance coverage.
Retirement Plans
The Authority automatically covers employees in one of two different defined benefit plans – either the Retirement Plan for General Employees or the Retirement Plan for Police Officers and Firefighters. An employee is covered in their respective plan as of their date of hire.
Employees in the General Plan may receive a retirement pension at age 60 with at least 5 years of service or as early as age 55 with a reduced benefit.
Police and Firefighters contribute 1.5 percent of their base pay on a pre-tax basis and are eligible for a full pension at age 55 with at least 5 years of service or at any age with at least 25 years of service. An early retirement option is available before age 50 with a reduced benefit.
Retirement Savings Plan (RSP)
The Authority’s RSP is designed to help you accumulate capital for your retirement by allowing you to voluntarily save a portion of your pay on a pre-tax basis through payroll deduction. The Authority matches a portion, up to 3 percent, of the amount you save. There are many investment options available and your contribution rate may be changed at any time. The annual maximum tax deferred savings limit is currently $15,500, and the age 50 provision is an additional $5,000. In addition, investment earnings credited to your account accumulate tax-free until you receive a distribution. This plan is governed by Sec. 457 of the IRS Code.
Long Term Disability Plan (LTD)
This program provides partial income protection to employees when they become ill or disabled until age 65 or older depending on the age at which the disability occurred. Our LTD plan is designed to integrate with the Authority’s leave programs, workers’ compensation, retirement and social security benefits. The Authority provides, at no cost to the employee, the normal 90-day waiting period before benefits become available. Employees may elect shorter waiting periods (60 and 30 days) at a reasonable additional cost.
Life Insurance Program
This program provides benefits to your survivors if you die on or off the job from accidental or natural causes. These benefits supplement your own personal life insurance program. You and the Authority share the cost for basic life insurance. Supplemental and Dependent coverage is also available at reasonable cost to the employee.
Leave Programs
The Authority offers most new employees the opportunity to accrue annual and sick leave for their personal use during the course of their employment. Within specific guidelines, employees may use their leave for events such as vacations, illness or injury, and to care for family members. We observe 10 Federal holidays each year. Lastly, the Authority provides leave for an on-the-job injury or illness, administers a donated leave program, and provides for court and military Leave. The Authority manages all programs in accordance with the Family and Medical Leave Act of 1993.
Flexible Spending Accounts (FSA)
An FSA enables you to save money on certain health care and dependent care costs by paying for eligible expenses with pre-tax dollars. Since your contributions are deducted from your paycheck before taxes, your taxable income is actually lowered. This means that you pay fewer income taxes and have more money to spend! The maximum you may defer each year is $2,500 for health care expenses and $5,000 for dependent care expenses. The Authority offers direct deposit reimbursement and account management services with the plans.
Tuition Assistance Program (TAP)
This program allows you to be reimbursed as much as 90% of your tuition expenses, for up to 12 credits per year, at any accredited college or university. Courses can be taken individually or as part of a degree program and here is the best part - courses do not have to be job related!! Would you like to finish that degree? Would you like to change careers and need the education to do it? Would you like to learn how to speak French? If so, then the Authority’s Tuition Assistance Program is perfect for you!
Metropool Subsidies
The Metropool program enables all employees to use covered public transit providers instead of the Authority parking privilege. Agent Cashiers disburse Metro media (Metrocheks, Metro farecards and Metro bus tokens) monthly to program participants and sell media to non-program participants as a convenient service.
Miscellaneous Benefits...
Employee Assistance Program
Health and financial education programs
Job related training
Monetary awards for exemplary performance
Direct deposit of your paycheck
Annual flu shots
And more!!!
Why Choose the Authority?
While finding a job that meets your career goals and pays you well is important, remember that the employer's benefits may make all the difference.
The Authority's programs - health and life insurance, retirement and retirement savings, long term disability, leave programs, flexible spending accounts tuition assistance, metropool subsidies and other miscellaneous benefits add up to a comprehensive and generous benefits package.
We hope these programs are the keys to your accepting a new position with the Metropolitan Washington Airports Authority. Whether you choose a position at Washington Dulles International or Ronald Reagan Washington National Airports, these programs were designed "For Your Benefit"!