Premium Conversion Plan (pretax)
Enrollment & Change Period October 21-November 19, 2013
All state employees hired after May 1989 are automatically enrolled in the Premium Conversion Plan. If you initially elected to opt out of this benefit and wish to participate, you may do so during the fall enrollment and change period or with in 30 days of a qualifying life event.
To enroll, you must complete a pretax Premium Conversion election form and submit it to your Personnel Assistant
- within 30 days of hire
- within 30 days of a qualifying change in family or employment status
- during the benefits enrollment & change period each fall
What's the difference?
Want to know how the premium conversion pretax benefit will effect your take-home pay? The HRIS Gross-to-Net Calculator (GN) can help you. Access the calculator from your time sheet screen by typing GN in the action header line or ask your PA to assist you. DOT employees need to contact Employee Services for this calculation.