Eligibility
If you are a regular employee, normally scheduled to work at least 20 hours per week, you may participate in SpaceX's benefit program upon meeting the eligibility requirements.
If you are a temporary employee or an intern (including an associate engineer) normally scheduled to work at least 20 hours per week, you may participate in only the medical and 401(k) plans upon meeting the eligibility requirements.
You also have the option to enroll your eligible dependents in certain benefits which include:
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Your legally-married spouse (including same-sex spouse) 1, 2
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Your child(ren) up to age 26, which may include natural, adopted, stepchildren, and children obtained through court-appointed legal guardianship
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Your unmarried child(ren) of any age who are incapable of supporting themselves due to a mental or physical disability and who are totally and indefinitely dependent on you
1 If you are legally married to your same-sex partner, you can enroll him/her as your spouse. The federal government recognizes legal marriages of same-sex couples in all states. Enrolling your same-sex spouse allows you to pay for certain benefits with pre-tax dollars.
2 Your legally registered domestic partner (DP) and your DP’s child(ren) constitute eligible dependents for certain fully-insured SpaceX benefits, such as Kaiser HMO (available in California only) and voluntary benefits. Premium contributions made by SpaceX on behalf of your DP and DP’s child(ren) will be treated as taxable income to you, and applicable taxes and withholdings will be deducted from payroll. Please contact the SpaceX Benefits team at benefits@spacex.com for additional information.
Enrollment Periods
New or Rehired Employees (Regular)
As a new or rehired regular employee of SpaceX, you must complete your enrollment within 30 days of your latest date of hire. The effective date of your coverage will be the first day of the month following or coinciding with your latest date of hire. Our benefits plan runs from January 1 through December 31.
New or Rehired Employees (Temporary)
As a new or rehired temporary employee of SpaceX, you are eligible for medical and 401(k) benefits only. You must complete your enrollment for your medical coverage within 30 days of your latest date of hire. The effective date of your medical coverage will be the first day of the month following or coinciding with your latest date of hire. Our benefit plans run from January 1 through December 31.
New or Rehired Interns
As a new or rehired intern (including an associate engineer) of SpaceX, you are eligible for medical and 401(k) benefits only. You must complete your enrollment for your medical coverage within 30 days of your latest date of hire. The effective date of your medical coverage will be the first day of the month following or coinciding with your latest date of hire. Our benefit plans run from January 1 through December 31.
Open Enrollment
As a benefits-eligible employee, Open Enrollment is your annual opportunity to enroll in or make changes to your benefits or eligible dependents, without a qualifying life event. See Making Changes during the Year for more information on qualifying life events.
Making Changes during the Year
Choose your benefits carefully. Medical, dental, vision, and flexible spending account contributions are made on a pre-tax basis, and per IRS regulations, contribution amounts cannot be changed unless you experience a qualifying life event. Refer to your Summary Plan Description (SPD) for a complete list of qualifying life events and benefit changes. Qualifying life events may include:
Within 30-days* of the event, you need to log into Workday (https://www.myworkday.com/spacex) to
enter the details about your life event and make desired benefit changes. You will then need to submit any applicable forms and/or documentation in Workday or to benefits@spacex.com. The SpaceX Benefits team will review your request and determine whether the change you are requesting is allowed. Only benefit changes that are consistent with the qualifying life event are permitted.
*60 days if you, your spouse, or eligible dependent child loses coverage under Medicaid or a state Children’s Health Insurance Program (CHIP) or becomes eligible for state-provided premium assistance.
REMEMBER 30 DAYS!
That’s how much time you have after a qualifying life event to make changes to your benefits. But don’t wait until the 30-day deadline; log in to Workday as soon as possible and make your
new elections. And don’t forget to submit the appropriate paperwork in Workday or to
benefits@spacex.com. If you miss the 30-day window, you’ll have to wait until the next Open
Enrollment period in the fall to enroll your new child or your new spouse. Ouch.
Opting Out of Coverage (Waiver)
If you opt out of coverage you will qualify for a benefit waiver credit of up to $25 per pay period, as follows:
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If you decline medical coverage, you are eligible to receive a $20 benefit waiver credit.
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If you decline dental and vision coverage, you are eligible to receive a $5 benefit waiver credit.
Your benefit waiver credit will be added to your paycheck as taxable income.
Note: if you decline medical coverage, you will not have access to 2nd.MD, Hinge Health, Kindbody or mental health therapy services through Lyra Health. You will also have to pay for the full cost of all non-occupational health services you receive at the SpaceX Health Center. However, you and your eligible dependents may still enroll in other benefit plans, such as the Health Care FSA, Dependent Care FSA, and voluntary benefit plans, even if you waive medical and/or dental/vision coverage.