Benefits Information for Departing Employees

Employees who are leaving Emerson should be aware of how their departure affects their benefits.   

To submit your resignation, please view our Workday Instruction Guide.

Medical, Dental and Vision Coverage

Medical, Dental and Vision coverage ends on the last day of the month of the employment termination date. Employees become eligible for COBRA coverage on the first day of the following month. See COBRA Information and Rates for more information. Within a few weeks from the termination date, a departing employee should receive a COBRA package from WageWorks (the COBRA administrator), mailed to the home address in WorkdayPlease note that enrollment with COBRA is typically retroactive.

If you are an SEIU member, have worked at Emerson for at least 12 years, and are between the ages of 62 and 65 at the time of your retirement from Emerson, see the Early Retiree Medical & Dental benefit webpage for information about this benefit.

Flexible Spending Accounts

For employees enrolled with a Flexible Spending Account (healthcare or dependent care), the coverage ends on the date of termination. Only claims for services incurred prior to the date of termination are eligible for reimbursement. Employees have 90 days from the date of termination to submit claims. Healthcare FSA can be continued through COBRA with WageWorks.  This will be included in the COBRA package if eligible.

For any questions about your FSA, contact WageWorks at 877-924-3967.

Health Spending Accounts

Any money in your Health Savings Account remains available to you for eligible expenses after you leave employment, and your HSA debit card remains active.

For any questions about your HSA, contact Health Equity at 844-341-6998.

Life and Accidental Death & Disability Insurance

Life Insurance, Accidental Death, and Long-Term Disability coverage end on the date of termination. Employees may be eligible to convert Emerson’s Life Insurance to an individual policy. Eligible terminating employees will receive an email from Lincoln Financial (from "donotreply@lfg.com") within two weeks of their termination date.  The email will be sent to the employee's home email address in Workday.  If there is no home email address, the information will be sent via regular mail. 

Retirement Plan

Contributions to the retirement (403b) plan end on the date of termination.  Employees will receive a letter from Transamerica following the termination with more information.

Subsidized Parking & Transit

Since WageWorks parking and transit benefits are based on monthly orders, the benefits end the last day of the termination month. (There is no reimbursement for unused transit/parking benefits ordered through WageWorks).  If you have any questions regarding existing WageWorks orders, including commuter debit cards, contact WageWorks at 877-924-3967.

Requests for the special daily parking and transit reimbursement benefit must be submitted via Workday prior to or on the date of termination.

Employees participating in the subsidized monthly parking benefit at the Boston Common garage should submit a ticket to HR regarding the end date for their parking benefit. 

Other benefits

All other benefits, such as the Employee Assistance Program, end on the termination date.

Unemployment

Unemployment Insurance (UI) is a temporary income assistance program for Massachusetts workers who have lost their jobs through no fault of their own and are:

  • Able to work
  • Available for work, and
  • Actively looking for work

Under the state’s Employment and Training Law, M.G.L Chapter 151A, Emerson must provide a copy of this pamphlet as soon as practicable, but no more than 30 days, from the last day the employee performed compensable work.

 

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