Page 7 - 2024 Employee Benefits Guide
P. 7

Changing your pre-tax benefit elections
                                                Medical, dental and cancer plan premiums, as well as flexible spending
                                                account (FSA) contributions are deducted on a pre-tax basis. You may
                                                make a change to these benefits during the plan year if you experience
                                                an event which results in a qualifying change in status. Without a
                                                qualifying event, you may only change these benefits during annual
                                                open enrollment.

                                                You must initiate and complete your benefit election change in Workday
                                                within 31 days of the qualifying event date and your election change
                                                must be consistent with the qualifying event reason. Note: when ending
                                                coverage, the coverage and premiums will end on the last day of the
                                                calendar month in which you submit the change in Workday.
                                                Federal law considers the following events to be examples of a qualifying
                                                change in status:
                                                   ›    You get married or divorced
                                                   ›    You give birth to or adopt a child
                                                   ›    Your spouse and/or child commences or terminates employment
                                                   ›    You and/or your spouse take(s) an unpaid leave of absence
                                                   ›    You, your spouse, or your child has a significant change in health
                                                      coverage directly attributable to employment
                                                   ›    A dependent satisfies or ceases to satisfy the dependent
                                                      eligibility requirements

                                                   ›    Your spouse and/or child passes away
               Changing your post-tax benefit elections
                                                The changes you can make to your post-tax elections depend on the
                                                benefit plan. For the supplemental life plan, you may request a change
                                                to your election at any time. New enrollments and increase requests will
                                                go through appropriate medical underwriting with the benefit vendor.
                                                For the identity theft protection plan, you may request to change your
                                                coverage level at any time. For the supplemental long-term disability
                                                plan, you may cancel your election at any time. Contact HRBenefits to
                                                request these types of changes.


























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