Penn State Intercom......November
The annual Employee Benefits Division Open Enrollment period is under way and continues through Nov. 29. During this time, employees have the opportunity to enroll themselves and/or eligible dependents in a University sponsored medical plan and/or to change from one plan to another.
Additionally, employees may enroll or change the amount of VADD coverage and make changes to life insurance programs. All employees who wish to participate in a Flexible Benefits Reimbursement Account for 2003 must enroll, even if they participated in 2002 and wish to continue at the same contribution level in 2003.
The Web-based open enrollment system will be available throughout the open enrollment period.
For more information, check the Web at http://www.psu.edu/ur/archives/intercom_2002/Oct31/benefits.html or check the Office of Human Resources Web site at http://www.ohr.psu.edu/benefits/benefits.htm
Benefit Confirmation Statements will be mailed early in December. Employees should review the statements carefully. Any corrections to an employee's 2003 benefits must be noted on the statement and returned to the Employee Benefits Division on or before Dec. 20.
Flexible Benefits Reimbursements are issued weekly and are directly deposited to employees' checking accounts. The last flexible benefits reimbursement payments in 2002 will process on Dec. 13. Reimbursement requests for any service incurred in 2002 must be submitted on or before March 31, 2003. Reimbursements are based on the date that the service occurred, not on the date of payment nor the date the bill was received.
MPDP participants should note that the Ritenour Pharmacy will close at 5 p.m. Dec. 20 and remain closed through Jan. 1. The pharmacy will open again at 7:30 a.m. Jan. 2.