Page 2 - Murphy Research 2020-21 Employee Benefits

12/1/2020-11/30/2021 Employee Benefits Brochure

Employee Benefits

The Benefits of Working at Murphy Research
At Murphy Research we recognize that success is dependent on our team members’ commitment to
excellence. In acknowledgement and appreciation of this contribution, we are pleased to offer a
competitive total compensation package that consists of salary, bonuses, paid time-off, and a complete
benefits package.

Annual Open Enrollment – Plan Year December 1, 2020 – November 30, 2021
Each year Murphy Research holds an open enrollment. At that time, you can choose the following:
• Change the benefit plans you are enrolled in
• Change who you cover by adding or deleting dependents

New Hires
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For new, full-time hires, coverage is effective 1 of the month following 30 days from your date of hire.
Failure to elect benefits within this time frame means you will not be able to enroll in benefits until the
next annual open enrollment period or after you have a qualifying event (as outlined below).

What you need to do:
To make sure you have the coverage you want:
• Read this brochure to see the highlights
• Discuss your benefit needs with your family
• Decide what benefits you want for the 2020-2021 plan year

Who is Eligible?
You are eligible for the benefits program upon meeting the following criteria:
• A full-time employee who is regularly scheduled to work at least 30 hours each week

You may also elect coverage for the following people:
• Spouse / Domestic Partner
• Dependent children up to the age of 26

Following open enrollment, changes to your benefit elections are only allowed in the case of a qualifying
event. The following is a sample list of qualifying events (excluding new hires):
• Change in marital status
• Birth or Adoption
• Part-time to Full-time
• You or your dependents experience a loss of coverage

You have 30 days from the time of the qualifying event to notify Human Resources of your change.

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