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New Benefits Deductions Start in June

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May 22, 2012, Volume 58, No. 34

Now that Benefits Open Enrollment is over, remember that any changes you made to your benefits elections will take effect on July 1, 2012. Even if you didn’t make any changes, new deduction rates will still apply for the new plan year. New rates for your existing medical, dental, vision and life insurance plans will be reflected in your June paycheck. Any elected Flexible Spending Account and Health Savings Account payroll deductions will begin with your July 2012 paycheck. Visit the Human Resources website at www.hr.upenn.edu/benefits for more information.

 

Almanac - May 22, 2012, Volume 58, No. 34