This year's official Open Enrollment period is October 20, 2014 through October 31, 2014. Your new benefit elections will be effective on January 1, 2015.
During Open Enrollment you will have an opportunity to:
add, drop, or make changes to your medical, dental, LTD, vision and/or life insurance Buy-Up option(s);
update your beneficiary information (Life Insurance);
add or make changes to your additional, ROTH, and/or group supplemental retirement annuity (GSRA) plan(s); and
add or re-enroll in the Flexible Spending Accounts (FSA). Please note: The annual maximum contribution amount for the Medical FSA is $2,500. This limit is per participant and not per household. Therefore, if an employee and their legal spouse both participate in their respective employer’s FSA plans, they may have a combined household pre-tax contribution of $5,000 for the taxable year but neither may contribute more than the $2,500 per person pre-tax limit (e.g. one cannot contribute $2,000 and the other contribute $3,000). There will not be a change in the annual maximum contribution amount for Dependent Care FSA which has an annual maximum contribution amount of $5,000.
Click here to access the 2015 Elon University Benefits Enrollment Guide.
Pay close attention to your January 2015 (first deduction for all benefits) pay voucher. Please notify the Office of Human Resources if the deductions do not reflect the changes you made during open enrollment.