Important Program Dates - FSA/PEP/Option Transfer

Published:
Friday, October 29, 2021 - 09:01
Faculty Announcements
Staff Announcements
 

Important Program Dates

Flex Spending Account Open Enrollment Period | November 2–29, 2021

The Flex Spending Account 2022 plan year will begin on January 1, 2022. A flex spending account offers a way to pay for your dependent care, health care or adoption expenses with pre-tax dollars.

Visit goer.ny.gov/FSA to enroll online, or call 800-358-7202 for more information or to enroll by telephone.
If you are currently enrolled in the Flex Spending Account program, you must reenroll to continue your participation in 2022.

PEP Enrollment Period | November 2–29, 2021

This program allows you to exchange previously-accrued leave in return for a credit to be applied toward your NYSHIP premium. If you have questions regarding PEP, please email scribec@sunypoly.edu for more information.

PTCP Election Period | TBD

This program allows you to have your share of your health insurance premium deducted from your paycheck before taxes are withheld.

Note: The PTCP Election Period is your only opportunity during the plan year to change your PTCP status.

Option Transfer Period | TBD

The Option Transfer Period is the time of year when you are able to change your NYSHIP option for the next plan year.

The new health insurance plan benefit year begins on January 1, 2022.

“Drop-in” sessions to discuss Option Transfer/PEP/FSA are scheduled for 11/1, 11/3, & 11/5 from 12-2pm in Human Resources Office.

 

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