UL - 2023-24 Benefits Guide (FINAL 11.1.2023) SP

2023 Gerresheimer Salary Benefits Bulletin • 13

IN SUMMARY

Decisions, Decisions, Decisions Review the information throughout this document carefully. Discuss the details with your spouse or other interested parties.

Ask questions regarding anything you may not be clear about. Then, only after you are comfortable that you understand your ben efit options, take action. But take it while it is still about you, that is, NO LATER THAN the last day of the Open Enrollment period, Friday, November 18, 2022.

IF YOU DO NOTHING

WHAT YOU MUST DO

Perhaps you don’t care if it’s all about you and don’t want to take the time to consider your options. If you do nothing during the Open Enrollment period, here is what will happen to your benefits: • T he same medical plan option and enrolled dependents, if any, in place in 2022 will continue in 2023. • If you are a High Deductible Plan participant, only the Com pany contribution to the corresponding Health Savings Ac count will be made each pay day since you must re-elect your own contribution level, if desired, each year. • If you include your spouse for coverage in the Gold Plan, you will be required to pay the Spousal Surcharge since recertification of the reason you should have been eligible for waiver has not occurred. • You will NOT be a Flexible Spending Account participant even if you had been one in 2022. • Your dental and vision care coverage, if any, will continue into the new year. • Your Savings Plan participation will continue unchanged (or will begin again at the last rate in effect if your con tributions were stopped because you hit a contribution or pay limit).

If you are taking advantage of this ALL ABOUT YOU opportu nity, consider which of these actions, if any, you need to take now to be absolutely sure it really is ALL ABOUT YOU: • If you are covering your spouse for the Gold Plan, be sure to certify/recertify whether or not you are eligible for a waiver of the spousal surcharge. • Elect participation in the Flexible Spending Account(s) of your choice – Healthcare and/or Dependent Care. • If you are a High Deductible HealthCare Plan participant, elect to contribute to the Health Savings Account yourself, if desired, to supplement the Company contributions. • Elect coverage if you want voluntary life coverage for your self, your spouse and/or your children. All of these actions may be taken on-line through the Open Enrollment portal. NOTE: IRS regulations generally prohibit changes once the Open Enrollment period has closed. Please, therefore, take great care in ensuring you take timely actions regarding your benefits and PRINT a CONFIRMATION STATEMENT after enroll ing on-line. Even in those few instances when changes can be made, they are often only able to be made prospectively, not retroactively. BE SURE TO REVIEW YOUR FIRST & SECOND PAY STUBS IN 2023 TO ENSURE THAT THE BENEFITS YOU ELECTED ARE APPROPRIATELY REFLECTED.