PREMIUM CONVERSION PLAN – OPEN ENROLLMENT PERIOD APRIL 1 THROUGH MAY 15, 2020Posted on Mar 12, 2020 in Main
The Premium Conversion Plan (PCP) Open Enrollment Period will be conducted from April 1 through May 15, 2020 to coincide with the Employer-Union Health Benefits Trust Fund’s (EUTF) annual enrollment period.
The PCP is a voluntary benefit program in which the cost of your health plan premiums are deducted before payroll taxes are withheld. If you’re already enrolled in the PCP, your participation will continue automatically. If you wish to enroll or terminate your participation in the PCP, you may do so during this open enrollment period.
Remember, outside of the open enrollment period, you are not allowed to enroll, change, or cancel unless an allowable IRS-qualified change in status event occurs.