WELCOME TO BENEFITS AT CONSUMERS CREDIT UNION At Consumers Credit Union, our employee benefit plans are designed to provide you and your family members with: •
Quality, comprehensive health care coverage.
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Income protection benefits that offer a financial safety net if illness or injury prevent you from working.
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Savings and retirement programs to help you invest in your financial future.
In this Benefits Guide, you’ll find information about all our employee benefit offerings. Everyone’s needs are different and may change as your life changes. To get the total value from your benefits, it’s important to get to know our programs and resources and how they work together to support and enrich your life every day. Spend a few minutes to review the programs to see which programs might work best for you. If you still have questions, contact Human Resources at 269-488-1734. Detailed information on Consumers’ benefit plans are available on Consumers Connect. Here you can access the Summary Plan Descriptions (SPDs) and Summaries of Benefits and Coverage (SBCs), which provide important plan rules and provisions. Consumers Connect will be your primary source of information on all benefit plans. If you have any questions, be sure to contact Human Resources.
How to Enroll? Your benefits enrollment is available 24 hours a day online through Dayforce. A Dayforce link can be found on Consumers Connect. To access Dayforce, you will need to use the consumerscu company code, your user ID and password. If you do not know your network ID or password, contact Human Resources.
When to Enroll? 1. You can elect or make changes once a year during Open Enrollment, unless you experience a qualifying change in status. 2. You must enroll within 31 days of your first day of employment or your status change to become benefits eligible.
Benefits Eligibility You are eligible for all benefits if you are a regular fulltime and certain benefits if you are part-time employee scheduled to work 20 hours or more per week. Check this guide for details on eligibility. If you elect coverage, your dependents also are eligible for medical, dental, vision and voluntary life insurance coverage. Eligible dependents include: •
Your legal spouse.
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Your legal child(ren): Includes your natural, adopted or foster child(ren), stepchild(ren) or any child for whom you have legal custody to age 26.
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Your eligible child if fully disabled and unmarried, provided he/she became fully disabled prior to age 19 or between the ages of 19 and 26, if the child was covered by the plan when the disability occurred.
When Coverage Begins If you are a new hire, coverage for most benefits begins the first of the month following 60 days of employment. If you have a change of status, benefits begin the first of the following month.
When Coverage Ends Coverage ends for most benefits on the last day of the month in which: •
Your regular work schedule is reduced to fewer than 20 hours per week;
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Your employment with Consumers ends due to resignation, termination or death; or
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You stop paying your share of the coverage.
Coverage for your dependents ends on the last day of the month that the dependent is no longer eligible. For dependent children (up to age 26), this is the end of the month in which they turn 26.
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