The BNY Mellon Flexible Benefits Program is subject to Section 125 of the Internal Revenue Code, meaning you generally cannot change your benefits elections during the applicable plan year. However, if you experience one of the qualified life events described in this section as permitted by Section 125 and adopted by BNY Mellon, you may change your elections if you provide notice within 31 days from the date of the qualified event. You may also be permitted to change your benefits elections if you provide notice within 31 days (60 days if eligibility for coverage under a Medicaid or state children's health insurance program (CHIP) changes) if one of the other special enrollment events, described in "Special Health Coverage Enrollment", applies.