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Life Events - Separation/Divorce
The
primary Benefit issue in the situation of a legal marriage separation or divorce
is the COBRA continuation right for the dependents covered under the Medical,
Dental and/or Vision plans.
The
dependent spouse and children in a separation/divorce situation are eligible for
up to 36 months COBRA continuation of the Medical, Dental and/or Vision Plans,
subject to enrollment and the payment of the necessary premiums.
The
dependents will be notified of their COBRA rights once they are terminated from
the group plan, and from that notification date they have 60 days to enroll and
pay the premiums for the COBRA continuation coverage.
You may also want to change your beneficiary on your
401(k) and/or Life Insurance plan. You'll find the appropriate forms in
the Forms
section.
The
other issue for the employee to consider is with regards to the Flexible
Spending Account/Dependent Care Account. In
a separation/divorce situation, the employee already participating in the plan
has the right to decrease or cease the contributions for the dependents in the
Flexible Spending Account/Dependent Care Account due to the change in family
status. Please consult your HR
Department for the necessary forms to be completed.
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