PlanNotes
PlanYear This guidebook outlines the benefits that apply to the upcoming plan year. Our plans will renew on January1 st .
Eligibility Full-time employees regularly scheduled to work 21 or more hours per week are eligible to participate in Tishman's Employee Benefits Program. Your coverage under the Employee Benefits Program will begin on the first day of the month following 60 days of employment, except where otherwise noted. If you fail to enroll within 31 calendar days of when your eligibility for coverage under Tishman's Employee Benefits Program begins, you will not be able to enroll in benefits until the next annual enrollment period, unless you experience a Qualifying Life Event (as outlined on page 4). Dependent Coverage In addition to electing coverage for yourself, you may elect to cover your eligible dependents. Your eligible dependents are defined as your legal spouse, your same sex domestic partner (must be certified with an affidavit), and your dependent children to age 26 * , except where otherwise noted. Your dependent children include biological children, legally adopted children, and children for which you have attained legal guardianship.
*Please Note: Coverage is available up to age 26 as long as a child does not have access to health coverage through their own employer.
Tax Implications of Domestic Partner Coverage Tishman recognizes same sex domestic partners as eligible dependents under its benefit programs; however, federal law and the Internal Revenue Service (IRS) generally do not.
Domestic Partner Coverage You may enroll your same sex domestic partner under Tishman's Medical/Prescription Drug, Dental and/ or Vision plans. Coverage is available if you meet the terms and conditions outlined below. ⮞ You are both at least 18 years of age and mentally competent to consent to application. ⮞ You have resided in the same household for at least 24 months. ⮞ Neither partner is married to or legally separated from anyone else nor have had another domestic partnerwithin the prior 24 months. ⮞ Youare not related by bloodto a degree of closenessthat would prohibit legal marriage in the state in which you legally reside. ⮞ You are jointly responsible for each other’s common welfare and living expenses. Your interdependence can be evidenced by providing two or more of the following items: ⮞ Current joint mortgage or lease agreement ⮞ Proofof current joint bankaccounts ⮞ Proof of current designation as the primary beneficiary for life insurance or retirement benefits,or current primary beneficiarydesignationunder a partner’s will ⮞ Evidence of current domestic partnership registration (if registration is required by state of residence)
Therefore, the IRS requires you to be
taxed on the value of the coverage Tishman provides to a domestic partner. This is known as imputed income. For more information, please contact Human Resources.
In addition to the terms and conditions outlined above, you must complete and submit a Declaration of DomesticPartnership(i.e. an affidavit) to Human Resources.
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