Citi Benefits Handbook
Coverage Changes You Can Make at Any Time
You can enroll in, cancel, or change the following coverage at any time.
Long-Term Disability (LTD)
You may enroll in LTD coverage at any time. However, you must provide evidence of insurability except when you enroll as a result of certain qualified changes in status.
For purposes of the 2017 plan year annual enrollment, active benefits eligible employees with benefits eligible pay that exceeds $50,000.99 (including newly hired employees and employees with a benefits eligible pay increase to $50,001 or above for benefits purposes (for the next plan year)), you will automatically be enrolled in LTD coverage, with an option to decline the LTD coverage. If you elect to decline the LTD coverage, you can enroll at any time; however, you must provide evidence of insurability except when you enroll as a result of certain qualified changes in status.
The Disability Plan will not cover any total disability caused by, contributed to, or resulting from a pre-existing condition until you have been enrolled in the Disability Plan for 12 consecutive months. A pre-existing condition is an injury, sickness, or pregnancy for which — in the three months prior to the effective date of coverage — you received medical treatment, consultation, care, or services; took prescription medications or had medications prescribed; or had symptoms that would cause a reasonably prudent person to seek diagnosis, care, or treatment.
Group Universal Life (GUL) Insurance
You may enroll in GUL coverage at any time. GUL coverage is administered by MetLife. MetLife does not require evidence of insurability to enroll:
  • When first eligible (as a new hire or newly eligible for Citi benefits) if enrolling for up to three times the amount of your benefits eligible pay, not to exceed $500,000, and the total is less than $1.5 million;
  • For one times your benefits eligible pay, not to exceed $500,000, as a result of losing Basic Life coverage because your benefits eligible pay has increased to $200,000 or above and certain other qualified changes in status.
However, MetLife will require evidence of insurability if you want:
  • To enroll at any other time;
  • To enroll for an amount greater than three times your benefits eligible pay, not to exceed $500,000 or $1.5 million; or
  • To increase the amount of your current coverage.
You must be actively at work before coverage will be effective.
Supplemental Accidental Death and Dismemberment (AD&D) Insurance
You may enroll for Supplemental AD&D coverage at any time. Enrollment in this coverage does not require evidence of good health.
You must be actively at work before coverage will be effective.
Long-Term Care Insurance (LTC)
Effective January 1, 2012, no new participants were permitted to enroll into the LTC plan. Participants who enrolled on or before December 31, 2011 may continue to be participants under the LTC Plan. See the "Long-Term Care insurance" subsection of the Insurance section for more information.
Health Savings Account (HSA)
You must be enrolled in the High Deductible Health Plan (HDHP) option under the medical plan to be eligible to establish an HSA. You can stop or change your HSA contributions (within the contribution limits) at any time.
Transportation Reimbursement Incentive Program
You can enroll to purchase a transit and/or parking pass online at any time. Enrollments/changes are effective as soon as administratively possible.