Tax Advantage Accounts
Life Events FAQs
Defined Benefit Plans
Information to Review
2018 Premium Rates
2018 Medical Plan Changes
Tools and Resources
Other Items to Consider
As a new employee, it is important you have access to the information needed to make an informed and confident decision about the benefits package you select. We have created a variety of tools and resources that we encourage you to use as you make this decision.
As a new employee in 2017 you have the option to make benefit elections for the remainder of 2017 and then elect coverage for 2018.The existing medical plan options will be replaced with two consumer-driven health plans (CDHPs) in 2018.
Your New Employee enrollment period is the first 45 days of hire. Benefits will be effective the 1st or 16th day of the month on or following enrollment. If you do not enroll within 45 days of hire, you will automatically be enrolled in the employer-provided benefits (Basic Employee Term Life and Accidental Death and Dismemberment, Business Travel Accident, Long-Term Disability Insurance and the 401(k) program). Once enrolled, your election is irrevocable unless a qualifying change of status occurs or you must wait until the next annual enrollment period to make changes.
Benefits New Employee Video, an interactive video that provides an overview of Farm Credit Foundations benefits package.
Benefits Guide, a comprehensive guide to Farm Credit Foundations benefits plans.
Participate in a
New Hire Benefit Orientation Conference Call:
Held every Thursday at 11:00 a.m. (Central)
Conference Call Number: 1-877-820-7831
As a new employee, you have 45 days from your date of hire to enroll in your benefits.
Benefits will be effective the 1st or 16th day of the month on or following enrollment.
If you make your elections in Dayforce, you can view and print your confirmation statement.
Review your elections and report any discrepancies to your Benefits Administrator.
After You Receive Your First System-Generated Paycheck, Continue to Steps 4 and 5.
You will receive separate instructions for using
mylife.jhrps.com and enrollment directly from John Hancock.
After you have received your first system generated paycheck, you are able to go to
mylife.jhrps.com and access the tools and resources available and enroll in the Farm Credit Foundations 401(k) Plan.
We offer you a dollar-for-dollar match of up to 6 percent of your total compensation with our 401(k) plan, which is administered by John Hancock.
Learn more about the plan and how to enroll.
After you have received your first system generated paycheck, you have access Life Insurance coverage options through Minnesota Life. Learn more about the coverage and how to enroll by viewing the
Group Life Insurance Plan Document.
www.lifebenefits.com and make your elections, review, make changes or update beneficiaries.