Why would I Change My Benefit Plans?

Changes to employee benefit plans result from one of three kinds of changes.

• Changes that originate directly from an employee, such as a change in family status or due to an increase in the employee's age or years of service.

• Changes that result from changes in the employee's work environment and frequently originate from the company, including transfers or promotions.

• Changes that result from a change to the benefit plan.

The first two kinds of changes involve making changes to employee benefit information. The last change involves making changes to the plan, such as adding new coverage, contribution, company match percent, or general ledger override.