2016 Benefits Welcome Guide
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Welcome to PayPal! We’re dedicated to providing comprehensive, competitive and cost-efficient benefits that allow you to meet your personal and family needs. Our benefits are designed with you in mind…to help you stay healthy, provide income protection should you become ill or injured, help with your retirement savings, and allow you to enjoy some time off. As a new hire, there are several resources available to help educate you on our benefit programs and guide you through the process. Please refer to the resources below for more information. Action Where to go… Review: PayPal Benefit Plans Pick Up Benefits Orientation Enroll: Enroll in your Health Benefits with Aon Hewitt, Your Benefits Resources (YBR) Enroll: Enroll in the 401(k) Savings Plan with Charles Schwab Deadline Now Ongoing Now None Now 31 days from date of hire • Visit MyHR on The Bridge o Under “Quick Links” on the left, select the first option for “Hewitt Your Benefits Resources (YBR)”. • Online www.ybr.com/benefits/paypal • Call YBR at 844-474-6641 Monday following your date of hire 31 days from date of hire • Online www.schwab.com/workplace • Call 1-800-724-7526 • Access Your Account: o Your initial User ID is your Social Security Number o Your unique Personal Identification Number (PIN) is initially defaulted to your four digit Month and Date of Birth Thursday following your date of hire You can enroll and make changes to your account at any time. • Visit www.paypalbenefits.com • Search Benefits on The Bridge • • • Watch: Start Insurance Contact Card 2016 Summary of Benefits Watch a video describing your PayPal benefit options and any actions you may need to take Additional Information You can view/print the Summary of Benefits, access the Medical Plan Cost Estimator tool, and watch videos on PayPal’s benefits programs directly from these sites. Make sure you have one of these so you have important group numbers until your plan ID cards arrive at home. Video available at www.paypalbenefits.com or on the Bridge, under Benefits. • You must take action even if you want to waive coverage. • If you do not take action within 31 days you will automatically be enrolled in the Blue Shield of California PPO 300 medical plan, Delta dental and VSP vision plans with employee only coverage. • Upon enrollment, you’ll receive ID cards for the medical/prescription and dental plans within two weeks at your home address. • You’ll have the opportunity to make changes each year during annual enrollment. After your 31-day new hire enrollment window, changes are only allowed during the year if you have a qualified family status event, like getting married or having a baby. • Contributions will be made in the next applicable Payroll cycle. • If you have contributed to another 401(k) plan this year, notify PayPal’s Payroll Dept. with the following: o “In calendar year 2016, I have participated in another company’s 401(k). I’ve contributed $______to the pre-tax and Roth options and $______ to the catch-up”. • Submit your request through the Payroll web form. Visit MyHR and click on MyPay. The web form option will be on the left-hand side of the page. If you have any questions, search “Benefits” on The Bridge, visit MyHR Online, or call MyHR at 1-855-489-0343.
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