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Pinnacol Assurance

Winner: 2008 AARP Best Employers for Workers Over 50

The following wellness programs are offered to full- and part-time employees: flu shots, health screenings, health-risk appraisals, health club discounts, physical activity and exercise programs, weight loss programs, stress-management training, and on-site chair massage. Also offered are wellness sessions on maintaining a healthy heart, preventing stroke, and treating depression and diabetes. Forty-nine percent of the company’s employees have used at least one of the wellness benefits during the past 12 months.

The company also offers referral services to assist with care for children and grandchildren and for eldercare, and backup care for children and grandchildren, to its full- and part-time employees.

Benefits/Alternative Work Arrangements: Pinnacol offers alternative-work arrangements, such as flextime, compressed work schedules, and telecommuting, to its full- and part-time employees. Full-time employees are eligible to move to part-time work on a permanent or temporary basis.

Opportunities for Retirees: The company currently has 170 retirees and a person directly responsible for retiree relations. It stays connected with retirees by communicating regularly, by inviting retirees to organization events and celebrations, by providing ongoing access to retirement-planning workshops and information, and by formally acknowledging retirees when they retire. Pinnacol offers retirees temporary work assignments, consulting and contract work, and part-time work. The Pinnacol Alumni Program runs an alumni Web site that informs retirees about temporary job assignments.

Age of Workforce: Twenty-five percent of the company’s employees are age 50+. The average tenure of employees age 50+ is nine years.

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