Open Enrollment for 2015 benefits
Open Enrollment for 2015 Benefits
Open Enrollment for 2015 benefits is over but there's still time to enroll in a Health Care Flexible Spending Account (FSA) for 2015. Enroll in a Health Care FSA by December 31, 2014 to have funds will be available for reimbursement beginning February 1, 2015.
IRS rules do not allow FSA enrollments to carry over from year to year, and you must enroll to participate in 2015.
The following benefits plans that are not part of the Open Enrollment process and if eligible you may enroll or change your coverage at any time. To review your current benefits, log on to Wolverine Access and select Benefits Summary under Benefits on Self Service. If you are eligible, you may change or enroll in these plans at any time. The effective date of your enrollment or change and the paycheck in which the enrollment or change will take effect depends on the plan and when you complete enrollment. See the Benefits Office website for enrollment instructions.
While you are thinking about your benefits coverage, this may be a good time to review your beneficiary designations to make sure they are up to date. See Beneficiary for more information.
The University of Michigan in its sole discretion may modify, amend, or terminate the benefits provided with respect to any individual receiving benefits, including active employees, retirees, and their dependents. Although the university has elected to provide these benefits this year, no individual has a vested right to any of the benefits provided. Nothing in these materials gives any individual the right to continued benefits beyond the time the university modifies, amends, or terminates the benefit. Anyone seeking or accepting any of the benefits provided will be deemed to have accepted the terms of the benefits programs and the university's right to modify, amend or terminate them.