Discuss, consider, and take appropriate action regarding the Workday ERP Benefit standard alignment updates:Benefits Deduction Calendar from twenty-four (24) Pay Period Deductions to twenty-six (26) Pay Period Deductions to align with the Payroll Deduction CalendarBenefits deductions will only be applied at the month of coverage effective dateBeginning with the 2027 Benefits year, Termination Date

Staff Report & Agenda Item Details

Discuss, consider, and take appropriate action regarding the Workday ERP Benefit standard alignment updates:Benefits Deduction Calendar from twenty-four (24) Pay Period Deductions to twenty-six (26) Pay Period Deductions to align with the Payroll Deduction CalendarBenefits deductions will only be applied at the month of coverage effective dateBeginning with the 2027 Benefits year, Termination Date of Coverage for core benefits will be at the end of the month of the employment termination date, and voluntary benefits will be on the employment termination dateHealth Flexible Spending Account (FSA) IRS Limits - Workday alignment automatically updates the system as IRS increases the maximum for the new plan year, which will allow employees that have elected the FSA benefit to increase their election amount to the full IRS maximumHealth Savings Account (HSA) Employer Contributions for 2027 - Workday alignment changing the employer's contribution deposit into the employee's HSA Account from the full amount applied at the first of the year to partial amounts applied each pay period