Open Enrollment Information
It is now Open Enrollment for all of LTI’s benefit plans through May 13th. Plans are effective as of May 1, 2022. Plans include:
- Accident Coverage
- Critical Illness Coverage
- Short-term Disability
- Long-term Disability
- Voluntary Term Life Insurance
(Note: for the last 3 listed coverages, if you are not enrolling during your initial 90 days of employment, you may be subject to Evidence of Insurability)
ALL EMPLOYEES WILL NEED TO CONFIRM, ELECT OR WAIVE THEIR CURRENT LEVELS OF COVERAGE THROUGH THE PAYCHEX FLEX BENEFITS ADMINISTRATION WEBSITE.
If you are a NEW HIRE, still in your 90 day waiting period, please go ahead and enroll. Your benefits will start upon your 90th day.
Please Note – currently you cannot enroll through the Paychex Flex app for iPhone or Android – you must enroll from a computer. Paychex is working to resolve this issue and will notify you once this resource is in place.
Below are important resources for your benefits and the enrollment process:
Enrollment in Benefits will take place through the Paychex Flex Benefits Admin portal. Please login to Paychex Flex and click on Benefits Administration. If you are not currently enrolled in Paychex Flex, please follow the instruction on the above “Paychex Flex Registration Steps” link.
Please make sure you select the “REVIEW & FINALIZE” option, whether you add, remove, or make any changes. This will also give you a nice summary of what you have selected and the total weekly cost that you can save or print.
NOTE – If you elect to waive benefits (not enroll), you still need to go into Paychex – Benefits Administration, do a quick review of the company paid benefits, scroll to the bottom, and select “REVIEW & FINALIZE”. By selecting the “REVIEW & FINALIZE” button, it will also prompt you to enter your Beneficiary Designations for the company paid life insurance policy that all employees are auto enrolled in after 90 days. It is important to review and update this information if necessary.
If you need assistance enrolling, please reach out to Mark Becking in Safety – 314-735-8175