WHAT IF I...?

Change my status from Part-time to Full-time

Full-time benefits are activated as of the first of the month following your change to full-time status (37.5 hours per week or more).

Select health care coverage. When eligible, you, your spouse and/or dependents can receive the following coverage: Medical, dental, vision. Please refer to the benefit cost sheet for details on premiums. Valassis Communications, Inc. and NCH associates paid through ADP should contact your local Human Resources Manager for enrollment. Valassis Direct Mail and Sales & Marketing associates paid through PeopleSoft can enroll here by selecting on the link over to the right 'Enroll or Make Changes'. Your user id is your social security number without dashes and your default password is your 2 digit birth month and the last 2 digits of your birth year (example: 0875).

If you are currently enrolled under the Medical, Dental, and Vision plans your premiums will change effective the first of the month following your status change, please review the benefit cost sheet for premium changes. You can add or change plans but cannot waive coverages.

Review Valassis-sponsored coverage. When eligible, you are automatically enrolled for: Short-term Disability Insurance and Long-term Disability Insurance (eligible the first of the month following the status change - provided 30 days have passed since date of hire), Basic Life and Accidental Death and Dismemberment (AD&D) Insurance, and Employee Assistance Program (EAP). First of the month following the status change your Basic Life Insurance and AD&D will increase to 1.5X salary versus the fixed amount.

Determine additional insurance coverage needs. If you would like coverage in addition to what is provided to you by Valassis, you can select: Dependent Term Life Insurance for your spouse, domestic partner and/or children and consider adjusting Basic Life and Voluntary Life Insurance and Accidental Death and Dismemberment (AD&D) Insurance. Evidence of insurability will be required for new voluntary and dependent life insurance unless you are becoming eligible for the first time. If you already have voluntary or dependent life insurance, you may increase your coverage 1 level without evidence of insurability unless your coverage is 3 times or $400,000.

Designate beneficiaries. You must name a beneficiary for your Basic and Voluntary Life and AD&D and the Retirement Savings Plan. (If you are married, your spouse is your beneficiary unless he/she consents in writing to an alternate beneficiary.) Valassis Communications, Inc. and NCH associates paid through ADP who need to designate or change beneficiary information, please contact your local Human Resources Manager. Valassis Direct Mail and Sales & Marketing associates paid through PeopleSoft can designate or change a beneficiary by clicking here and choose the "Enroll or Make Changes" option in the upper right hand corner and log in to your information or by completing a beneficiary form. Please click here for the Retirement Savings Plan beneficiary form.

Determine Flexible Spending Account (FSA) needs. Through the FSA, you can set aside before-tax dollars to pay for eligible health and dependent care expenses that are not covered by other plans. You can participate in a Health Care Flexible Spending Account, and/or Dependent Care Flexible Spending Account. If you set up a Dependent FSA, Valassis will match your contributions dollar for dollar up to the first $600, for a total annual contribution of $5,000 a year if you are single and file as head of household or if you are married and file a joint return. If you are married and file separately, the combination of your contributions and Valassis’ matching contributions may not exceed $2,500 a year. You must be hired by 10/1 to be eligible for the company contribution for the next plan year.

Determine Retirement Savings Plan participation. Review the Retirement Savings Plan information to determine ongoing eligibility in the plans.

Other Compensation and Benefits. Please access the myValassis portal / Administration tab / 2008 Human Resources section / 2008 US Policies for more details.