Benefit Changes

As your life changes, so do your benefit needs. Most of your BMO benefit elections stay the same all year unless you have a qualifying life event and make a new election within 31 calendar days.

About mid-year benefit changes

Your new election must be consistent with the life event. Coverage will be effective as of the date of the event. Be sure to initiate the life event immediately on Workday since you only have 31 calendar days from the date of the event to change, add or cancel coverage. You may need supporting documentation, but it is not needed when you first initiate the life event.

Below is a high-level overview of benefit changes that may be allowed.

Before you initiate a change to your benefits based on a qualified life event, review the 2022 Premiums.

Qualifying Life Event Go to Workday Within 31 Days to Initiate Event
Birth/Adoption Having a new baby or finalizing an adoption with the court
Acquired Guardianship Acquiring legal guardianship of a child
Death of Dependent/Child The death of your child, legal dependent, or stepchild
Death of Spouse The death of your spouse or domestic partner
Divorce/Legal Separation Your legal divorce date or legal separation date
Marriage Your marriage date
Gain of Dependent/Child Eligibility Your child becoming newly eligible for benefits coverage through another employer or State
Loss of Dependent/Child Eligibility Your child involuntarily losing other benefits coverage from another employer or State
Gain of Spouse Benefits/Eligibility Your spouse or domestic partner becoming newly eligible for benefits coverage through another employer or State
Loss of Spouse Benefits/Eligibility Your spouse or domestic partner involuntarily losing other benefits coverage from another employer or State
Start of Domestic Partnership Meeting the requirements to qualify as a domestic partner
Loss of Domestic Partnership No longer meeting the requirements to qualify as a domestic partner
Other life events (Turning 26, loss or gain of state coverage, loss of coverage under a parent not due to aging off plan, etc.) Call the Human Resources Centre (HRC) at 1-888-927-7700


Initiate a benefits change

Here’s how you can make qualified benefit changes during the year:

  • Go to Workday, click My Benefits & Retirement application
  • Select your network status (on or off the BMO network)
  • Click Log your Life event tile

You may need to provide documentation to validate your qualifying life event.


Update your beneficiary

Designating beneficiaries to inherit the assets from your life insurance and retirement savings is a smart way to ensure your loved ones are financially protected.

You can update your beneficiary at any time.


Need assistance?

Call the Human Resources Centre

1-888-927-7700
Monday through Friday, from 8 a.m. to 5 p.m. CT