Flex Benefits empowers you to personalize your benefits to suit your lifestyle and priorities.
Flex Benefits Annual Enrollment
Each fall, during Annual Enrollment, you’ll have the opportunity to review and select the coverage that best meets your needs for the upcoming year, starting in January.
This is also your chance to earn additional Flex dollars, giving you even greater flexibility to enhance your benefits. You can allocate these dollars toward the coverage that matters most to you—and if certain coverage isn’t needed, you can choose lower levels and reallocate those funds elsewhere.
Unused Flex dollars don’t go to waste. You can direct them into a Health Spending Account (HSA) and/or a Personal Spending Account (PSA). Plus, during Annual Enrollment only, you have the exclusive option to contribute excess Flex dollars to your RRSP, helping you plan for the future.
Employees that choose not to participate in Annual Enrollment will receive default coverage for the following year, starting January.
Click on the sections below for more information.
Preparing for Annual Enrollment
Plan Smart. Live well. Make the most of your Flex Benefits:
Preparing for Annual Enrollment
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Review your current benefits coverage
Understand what you’re currently enrolled in and how well it’s meeting your needs. -
Review your prior year benefits expenses
Use the claims summary feature on the My Sun Life website to view your total claimed benefit amounts for the prior year. -
Assess your personal and family needs
Consider any life changes (e.g., marriage, children, health needs) that may affect your coverage needs for the following year. -
Estimate your healthcare and wellness expenses
Think about how much you typically spend on medical, dental, vision, and wellness services. -
Explore your spending account options
Understand the benefits of the Health Spending Account (HSA) and Personal Spending Account (PSA).
Enrolling
- Access the Flex Benefits Enrollment website
Visit the Flex Benefits Enrollment website through the SLB intranet using Single Sign-On. If you’re accessing it externally, log in with your LDAP email and password. - Start your Enrollment
Click “Enroll” under Annual Enrollment on the homepage to begin. - Review and update your personal information
Ensure your contact details and dependent information are accurate. - Earn Flex dollars by completing Wellness Actions
Complete a minimum of two Wellness Actions to earn extra Flex dollars to put towards your benefits. - Select or adjust your coverage
Select the level of coverage for each benefit that’s right for you and your family. You can model your choices and review the prices before you make your final decision. - Review your beneficiaries
Review your beneficiaries and make updates if needed. Beneficiaries do not need to be updated unless there is a change. - Allocate remaining Flex dollars
Assign any unused Flex dollars to your Health Spending Account (HSA), Personal Spending Account (PSA), and/or Registered Retirement Savings Plan (RRSP). - Review and confirm your selections
Review and submit your benefit choices. - Complete any outstanding Evidence of Insurability (EOI) forms
If applicable. Insurance coverage requiring Evidence of Insurability will remain pending until the respective insurance company has received your EOI Form and approved your insurance coverage.
Default Coverage if You Don’t Enroll
If you do not enroll by the Flex Benefits Annual Enrollment deadline, you will be enrolled in the default coverage automatically for the following year, starting January 1st. If you don’t enroll by the deadline, you’ll be automatically enrolled in default coverage: Option 1 for Extended Health Care, Dental Care, and Long-Term Disability. Any unused Flex dollars will go to your Personal Spending Account. You can change your benefits during the year if you have an eligible Life Event or at the next year’s Annual Enrollment period.
