The per-pay contributions for each benefit option and coverage level are shown online when you enroll. If you elect certain life insurance coverage or the 50 percent long-term disability option, you may receive a credit from BNY Mellon, as shown when you enroll online—the system will calculate your per-pay costs automatically.

You will pay for benefits through regular payroll deductions, generally on a pre-tax basis. (You pay for spouse/domestic partner and child life insurance coverage on an after-tax basis.)

Note: Certain coverage choices will result in imputed taxable income in addition to your regular coverage premiums. For more information on imputed income, see "Cost of Coverage" in the Medical and Prescription Drug section.