PlanNotes
Cost of Coverage(Continued)
Dental Plan Options Employeesare offered the choice of two MetLife Dental Plans: the Core Dental Plan and the Voluntary Buy-Up Dental Plan. Core Dental Plan When you enroll in the Core Dental Plan, you will be responsible for paying a portion of the premium cost. The premiumcost for this coverage is a flat, pre-tax dollaramountbased on the coverage level you elect. For Single coverage the cost is $2.73 bi-weekly, and Family coverage is $7.64 bi-weekly. Voluntary Buy-Up Dental Plan When you enroll in the Voluntary Buy-Up Dental Plan, you will be responsible for paying a portion of the premium cost. The premium cost for this coverage is a flat, pre-tax dollar amount based on the coverage level you elect. For Single coverage the cost is $19.05 bi-weekly, and Family coverage is $68.52 bi-weekly. Voluntary Life Insurance When electingVoluntaryLife Insurance,youareresponsibleforpaying100% ofthe premiumcost, but receive a discounted rate for being a part of Tishman's group. The premium cost for Employee and Spouse Voluntary Life Insurance is based on age and the coverage amount you elect, while the premium cost for Dependent Child Voluntary Life Insurance is based on a flat rate and the coverage amount you elect. Voluntary Employee-Paid Long-Term Disability (LTD) If you choose to elect Voluntary Employee-Paid LTD, you will be responsible for paying 100% of the premium cost with after-tax dollars. In the event of a disability, this plan will provide a tax-free (non- taxable) benefit. You are not required to submit Evidence of Insurability if you elect Voluntary Employee- PaidLTD .
You are required to report a Qualifying Life Event within 31 or 60 calendar days of the event (depending on the type of event) in order to make changes to your benefits. If you do not notify Human Resources of the event and provide the requested documentation within the specified timeframe, you will not be eligible to make changes to your benefits until the next annual enrollment period.
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