Just a reminder that open enrollment for employee benefits is going on now and ends Friday, Oct. 28. Each October, SFSC employees choose their benefits provided by the Florida College System Risk Management Consortium (FCSRMC). This year, just as last year, employees select their benefits online, through the FBMC website. Other voluntary benefits are also available during open enrollment.
Any changes made during the open enrollment period will take effect on Jan. 1, 2017. It is incumbent on employees to choose their plans by going online to the FBMC website. Follow the steps below to select your benefits. (Click the black “continue reading” button for the complete instructions.)
If you have any questions or need assistance, please contact Human Resources at ext. 7419 or 7132.
STEP ONE: Preparation and Review
Employees can find open enrollment plan information for 2017 on Panther Central. Click the Human Resources link on the left side of the screen. At the next screen, you will find documents explaining each plan under Benefit Documents. Before enrolling for 2017 benefits online with FBMC, employees should review carefully the benefit plans and information contained in these documents.
Documents:
STEP TWO: Enroll for 2017 Benefits
Open enrollment began on Oct. 17 and ends Oct. 28. Log into your your account at the FBMC website to choose your 2017 benefits as soon as open enrollment begins. Attempting a login early will ensure you are able to access the website. The FCSRMC has partnered with FBMC to automate employee benefits administration for all consortium members.
STEP THREE: Review additional the SFSC voluntary benefits below that are available to full-time employees.
Sick Leave Pool – If you have not previously joined the Sick Leave Pool, please use the Sick Leave Pool Application located in Panther Central to get started. You must have a balance of 96 hours of accrued sick leave to join, 16 of which will be contributed to the pool. Members of the Sick Leave Pool are eligible for up to 320 hours from the pool for a catastrophic illness once all accrued sick and annual leave hours are depleted.
Cafeteria Plan/Flexible Spending Account (FSA) for Current Plan Members – Employees who are currently in the Custom Benefit FSA must go online at FSA Online during open enrollment to enroll for 2017. You must be registered to gain access to the secure website. For additional information on flexible spending accounts, please go to FSA Information or contact Human Resources. A representative from Custom Benefits will be on the SFSC Highlands Campus in the first floor conference room in Bldg. I (HR) on Thursday, Oct. 27, 9:30 a.m. to 3:30 p.m., to assist new enrollees.
Voluntary Benefits Schedule: The following voluntary providers of insurance products (life, hospital, and disability) will be on campus on the following dates to discuss their products for 2017 with interested employees (Bldg. I conference room):
Custom Benefit Services – Oct. 27, 9:30 a.m. to 3:30 p.m. for FSA and Allstate Insurance Products
Miscellaneous: The open enrollment period is also a good time to review and update your terminal leave beneficiaries or start a tax-sheltered investment plan for retirement. Tax sheltered investment information for SFSC employees can be found at TSACG. Please check the Daily Connection for date and time. SFSC-approved financial planners will be here to assist you.