Previous Page  6 / 22 Next Page
Information
Show Menu
Previous Page 6 / 22 Next Page
Page Background

Voluntary Life Insurance - MetLife

Please note that the voluntary life coverage has a one time open enrollment. If you have declined

coverage in the past and wish to enroll at this time, you must complete a health questionnaire and be

approved for coverage. Please contact your Human Resources Department for bi-weekly payroll deduction

information.

BENEFIT

COVERAGE

Employee Voluntary Life Insurance

You can purchase coverage in increments of

$10,000

up to a max

of

$500,000

or 5 x’s annual salary.

New Hires: Guarantee issue amount of

$100,000

Spouse Voluntary Life Insurance

Increments of

$5,000

up to 50% of the employee amount to a max

of

$100,000.

New Hires: Guarantee issue amount of

$25,000

Child(ren) Voluntary Life Insurance

Increments of

$1,000, $2,000, $4,000, $5000, or $10,000 max

Flexible Spending Account and Dependent Care Spending Accounts

Dependent Care and Flexible Spending Accounts work like a savings account – each pay period a pre-tax

payroll deduction is deposited into your Dependent Care or Health Care Spending Account. When you

need money to cover an eligible expense, you make a pre-tax “withdrawal” by completing a claim form or

using the Benny debit card and providing proper documentation.

Remember, what you don’t use , you

lose – roll over does not apply.

ACCOUNT

USE FOR

CONTRIBUTION

Administrator

Flex Plan Services

Flexible Spending Account

You must re-enroll in this plan every year if you

want to continue the FSA/DEP care benefit

.

Most medical, dental, and vision care

expenses (copays, deductibles,

eyeglasses, and certain over-the-

counter medications)

$1,000 annual maximum

Benny Debit Card

$18 annual charge

Available for FSA

If you were previously enrolled, you will not receive a

new debit card.

N/A

Dependent Care Spending

Account

Dependent care expenses (like

daycare, after school programs, or

elder care programs) so you and your

spouse can work or go to school full-

time

$5,000 annual maximum

LIFE & FINANCIAL BENEFITS / there when you need it

Page 5