EMPLOYEE BENEFITS

Overview

What happens when you get married? What happens when you adopt or have a child? What happens when your dependent child no longer needs/is eligible for coverage? What happens when you begin a leave of absence or a sabbatical? Domestic Partner (Spousal Equivalent)

Preparing to Retire Terminating Employment COBRA

Life Events Overview

Have you ever gone through a life event (like marriage or the birth or adoption of a child) and wondered how it affects your benefits at MIT? The MIT Benefits Office would like to make this change a positive experience for you.

Remember….

The MIT Benefits Office holds an Open Enrollment period in the Fall of each year to give you the opportunity to make changes that suit your personal needs.

What if you have a life event before or after the Open Enrollment period?

Many of the health and welfare benefit plans offered through MIT are paid with pre-tax dollars. In exchange for the tax advantage, you are prohibited from enrolling in, canceling or making any changes in the coverage level of your medical, dental, and reimbursement account plans outside of the annual MIT open enrollment period, unless you have an allowable change in family or employment status.

Did you know that you have 31 days from the date you marry to add your new spouse to your health or dental plan? (Learn about domestic partners/spousal equivalents.)
Did you know that you have 31 days from the date of your child's birth/adoption to increase your contributions to your Flexible Spending Account?
Did you know that when your dependent child no longer is eligble for coverage through MIT they can continue their coverage through COBRA?
What happens if you take a leave of absence or begin a sabbatical?

What do you need to know if you are preparing to retire from MIT?

Examples of changes in FAMILY STATUS

Marriage
Divorce or legal separation
Adoption or birth of a child
Your dependent marries, reaches the age limit for plan coverage or is no longer a full-time student
Your spouse gains or loses employment
Death of a spouse or dependent

Examples of changes in EMPLOYMENT STATUS

Whether you have one of these life events or all of them, the MIT Benefits Office is here to help. Click on the links above to learn how and when you can request changes to your benefits. Of course, if your question is not answered here, we invite you to stop by or contact the Benefits Office to have your questions answered and to be sure that you do not miss your enrollment opportunity.