Benefits Focus for 2025

Plan design and rates for 2025

HPE conducted its annual review of the plan to ensure it remains competitive from a design and cost sharing perspective.

The overall benefits plan design remains the same for next year. While our rates remain competitive, we continue to experience medical inflation within the plan due to rising health care costs, however HPE is absorbing most of these inflationary increases. The cost for the long-term disability coverage is increasing slightly.

Your individual costs depend on the options you choose and the number of people you cover. You can model costs and changes to your benefits selection during Annual Enrollment in the HPE Benefits Enrollment Tool.

Beneficiaries – During annual enrollment, take the time to review your beneficiary designations and update if needed. Beneficiary designations are made directly on the enrollment site and no paper forms are required.

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HPE Group RRSP – Take the time to review your contributions to the company sponsored HPE Group RRSP. Contributions are made through payroll deduction and grow tax-free until they are withdrawn. Don’t miss out on the dollar-for-dollar company match on the first 5% of eligible earnings you contribute to the program.

You can also choose to allocate your excess flex dollars to the Group RRSP during your annual benefits selection. Visit Sun Life at any time to change your HPE Group RRSP contribution rate or update your RRSP contribution room limit.

The Wellness Report – In the past, HPE had worked with a partner to deliver a comprehensive wellness assessment in October of each year and provided a credit to employee’s HCSA as an incentive to complete the survey. The assessment tool is currently being re-designed and will not be available until 2025. Please watch for future communications regarding the new wellness assessment survey tool and how you can participate when it’s available!

HPE Benefits Enrollment Tool provides an intuitive digital experience when selecting your benefits for annual enrollment. Access the HPE Benefits Enrollment Tool from HPE Benefits Connect.

  • Review and update your beneficiaries during enrollment with no paper forms required.
  • Your HPE Retirement & Savings program contributions, limits and bonus redirect are now managed directly on the Sun Life site (no longer in the annual enrollment tool). Excess Flex Credits can still be allocated to the HPE RRSP during enrollment.
  • Visit Sun Life at any time to:
    • Set, review and update your HPE Group RRSP contribution rate.
    • Direct all or part of this year’s Variable Performance Bonus (VPB) or Pay for Results (PFR) bonus to your HPE Retirement and Savings Program
    • Check your account balances or make investment changes.

HPE offers programs and resources to support your physical, financial, and emotional health.

    • Check out the  MyFiTage online tool to model a variety of scenarios to help you understand what steps to take to build your wealth early and have your money last as long as possible during your retirement years.
    • Be sure to register for TELUS Health Virtual Care, so that you are set if you or your family members need access to virtual care.