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2014 Intern and College Co-op Employee Benef its

2014 Intern and College Co-op Employee Programs

Duke Energy intern and college co-op employees will become eligible for the following company benefits after
meeting benefit program requirements, where applicable:

Holidays Intern and college co-op employees are immediately eligible, upon hire, for holiday pay when their
regular work schedule falls on a company-observed holiday while on active payroll. Duke Energy provides
twelve (12) holidays per calendar year. The company-observed holidays are:

New Years Day
Good Friday
Memorial Day
Independence Day
Labor Day
Thanksgiving Day
Friday after Thanksgiving Day
Christmas Eve
Christmas Day
3 Personal Days (may be scheduled and taken anytime during the year with supervisory approval)

Excellence in Education and Communities Excellence in Education and Communities encourages
employees to become involved in volunteer activities associated with local public or private schools (i.e.,
mentoring, chaperone for field trip) as well as volunteer activities supporting a U.S. non-profit agency with a
501(c)(3) designation by the IRS. Full-time intern and college co-op employees are permitted to take up to ten
(10) hours of paid time per calendar year and part-time intern and college co-op employees are permitted to
take up to five (5) hours per calendar year for these activities.

Employee Assistance Program The Employee Assistance Program (EAP) provides counseling and referral
services to employees and their dependents needing help with personal, interpersonal or health issues.
Information about the confidential programs and services provided by United Behavioral Health (UBH) can be
accessed through the website or by calling 1-800-985-2594.

Bridging of Service When obtaining regular employment, interns and college co-ops will receive credit for
the entire period of continuous employment immediately preceding the conversion to regular employment.

Duke Energy Retirement Savings Plan Intern and college co-op employees are eligible to participate in the
Duke Energys 401(k) plan (i.e., Duke Energy Retirement Savings Plan, the RSP). You can contribute up to 75
percent of eligible pay as before-tax, after-tax and/or Roth contributions and to invest in a variety of investment
funds. The company will match up to 6 percent of your before-tax and/or Roth contributions, subject to certain
IRS limits. After 2013, the company will make an employer retirement contribution to the RSP equal to 4
percent of eligible pay. The employer retirement contribution is subject to a three-year vesting schedule.

Other To the extent other benefits are required by law, such benefits will be paid.

This document contains selected highlights of Duke Energys employee benefit plans. If any statement herein, or any other
communication, conflicts with applicable plan documents, the plan documents shall govern. Duke Energy Corporation retains the right
to amend, modify or terminate its benefits plans in any respect and at any time, and neither its benefits plans nor your plan participation
shall be considered a contract for future employment.