One Ameren Plaza, 1901 Chouteau Ave.
St. Louis, MO 63103
CEO: Gary Rainwater
Stock Symbol: AEE
Ameren Corporation provides energy services
to approximately 2.3 million electric customers and more than
900,000 natural gas customers across nearly 64,000 square miles
in Illinois and Missouri.
Ameren Corporationis the parent of AmerenCILCO,
based in Peoria, IL; AmerenCIPS, based in Springfield,
IL.; AmerenIP, based in Decatur, IL; and AmerenUE,
based in St. Louis, MO.
electricity to approximately 205,000 customers in 19 counties,
serving towns in east and central Illinois. Founded in 1913 through
a series of mergers involving seven existing gas and electric
companies, AmerenCILCO provides gas, electric and steam energy
to Peoria and 26 surrounding communities.
electric and natural gas services in 70 counties throughout a
20,000-square-mile area. Founded in 1902, AmerenCIPS today serves
nearly 370,000 retail electricity customers in 576 communities
with a service territory that includes more than 7 percent of
the state's population and 35 percent of its surface area - including
Quincy and East St. Louis to the west and Mattoon and Marion
to the east and south.
Founded in 1923, AmerenIP provides
services to about 600,000 electric customers - an aggregate population
of 1.4 million - in 313 incorporated municipalities across 15,000
square miles of northern, central and southern Illinois. AmerenIP
provides service to nine cities with populations greater than
30,000, including Danville, Decatur, Belleville, Bloomington-Normal,
Champaign-Urbana, Galesburg and Granite City.
Founded in 1902, AmerenUE-Missouri's
largest electric utility - provides energy services to approximately
1.1 million customers across the eastern half of Missouri, including
the greater St. Louis area. AmerenUE serves 65 Missouri counties
and 500 towns. More than half (55 percent) of AmerenUE's electric
customers are located in the St. Louis metropolitan area.
Ameren reported $6.8 billion in revenues
in 2005 and net income of $606 million.
Ameren was created by the December 1997
merger of CIPSCO Incorporated and Union Electric Company. In
2003, Ameren grew with the acquisition of CILCORP Inc., parent
of Central Illinois Light Company, now operating as AmerenCILCO,
and in 2004, Ameren acquired Illinois Power Company - now operating
as AmerenIP - from Dynegy Inc.
Ameren supplements a major portion of the cost for medical coverage
for all full-time, regular employees and eligible dependents.
Coverage begins after 30 days of continuous employment. The employee's
cost for coverage is deducted from his/her paycheck on a pre-tax
Dental and Vision Insurance
Dental and vision benefits are available for most full-time,
regular employees and eligible dependents after completing a
specified period of continuous employment. Union employee coverage
varies per local contract.
Ameren provides regular employees with basic life insurance coverage.
There are no restrictions on who can be named as a beneficiary
under these plans. Ameren also provides accidental death and
Long-Term Disability (LTD)
Some full-time employees are eligible to participate in the LTD
Plan, which provides an income to an employee in case of an extended
or terminal illness.
The Ameren Retirement Plan helps provide a solid foundation of
retirement income for an employee. Employees are 100 percent
vested in their account balances after completing five years
of service with Ameren.
Savings Investment Plan
Most regular employees are eligible to participate in the Ameren
Savings Investment Plan (SIP) immediately upon employment. An
employee can choose from a variety of investment funds, offering
varying levels of risk. An employee's elected percentage is invested
into his/her account on a pre-tax basis. Employees receive a
company match on contributions, which is dependent on management
or local union packages.
Flexible Spending Accounts
Ameren employees can choose to participate in two separate Flexible
Spending Accounts?Dependent Care and/or Health Care. When employees
contribute to a Flexible Spending Account, their taxable income
is reduced because payroll deductions are taken before taxes
are withheld; therefore, contributions are not subject to Social
Security, federal income and, in most cases, state and local
Employee Assistance Program
The Employee Assistance Program (EAP) provides confidential professional
assistance to employees and members of their immediate family
for any personal problems. An independent private consulting
firm, which specializes in confidential assistance for employees,
operates the EAP. The EAP is a pre-paid program provided at no
cost to Ameren employees.
Paid Holidays and Vacations
Employees receive paid holidays, depending on location, as well
as paid vacation time.
Employees are provided with a sick leave allowance based on location.
Sick leave allowances typically increase as an employee's length
of service with Ameren increases.
Educational Assistance Program
Ameren pays up to 75 percent of an employee's tuition and some
fees for approvable degree programs, up to and including the
Master's degree level. In addition, courses related to an employee's
work or courses that qualify the employee for a promotion are
reimbursed. A reimbursement is issued upon receipt of final grades
at the end of the term.
Stock Purchase Plan (DRPlus)
Ameren offers a stock purchase plan called DRPlus to all employees
whether or not they are stockholders. The DRPlus Plan provides
a convenient means of purchasing shares of Ameren Corporation
Common Stock (ticker symbol: AEE) without the payment of any
brokerage commissions or service charges. The DRPlus Plan is
entirely voluntary, and the employee may begin or terminate participation
at any time.
Time Off for Special Purposes
- Jury Duty
- Death in Family
- Military Service
- Personal Time Off
- Professional Registrations (if applicable)
- Flexible Time Schedules (subject to
- Credit Union
Updated February 22, 2006