Plan Your Departure

As you plan to end your employment with DSM, be sure to review the following information to help ensure a smooth transition to the next stage of your personal and professional journey.

Exiting checklist

Discuss plans for your departure with your manager. If possible, assist in transitioning your current responsibilities to other colleagues.
Make arrangements to return all company property, including laptop computers, mobile devices, and company credit cards.
Review your options for continuing benefits and complete any necessary action steps.

Benefit options

  • Medical, dental, and vision plans — In most cases, you have the option to continue your medical coverage through COBRA. You will pay the full premium cost of these plans, plus an administrative fee, without any subsidy from DSM. For assistance, contact WageWorks online or at 1-800-526-2720.
  • Flexible Spending Accounts (FSA) — If you participate in an FSA, you can continue using your FSA(s) if you elect COBRA, which will allow you to continue spending any remaining balance in your account(s) at the time of your termination. You may not contribute any additional amounts to your account(s). For assistance, contact WageWorks online or at 1-877-924-3967.
  • Health Savings Account (HSA) — If you participate in an HSA, you will continue to own your account after you leave DSM. You will not forfeit any unused balance, and you do not need to enroll in COBRA to access your HSA funds. However, your payroll contributions will end once your employment ends. If you wish, you may make after-tax contributions and then deduct them on your income tax return. For assistance, contact HealthEquity online or at 1-844-351-6849.
  • Wellness Program — You have 30 days of access to the Brighter Living Wellness Program website following the day you terminate from DSM. All Pulse Cash earned through the program is yours to keep. Virgin Pulse can assist in redeeming your previously earned Pulse Cash for up to one year after you leave. For more information, contact Virgin Pulse online or at 1-800-877-7195 .
  • Life Insurance — Contact your life insurance carrier directly if you’d like to continue your life insurance coverage as an individual policy. To discuss your options further and for information about rates, contact Prudential at 1-800-524-0542.
    • Terminating employees (if you are not retiring or disabled), may apply to port their Basic or Optional Life Insurance coverage under Prudential’s portability option. You must port your coverage within 31 calendar days of your coverage termination date.
    • For Disabled or Retired employees, both the Basic and Optional Life are eligible for conversion only. You must enroll for the Conversion Option within 31 calendar days of your coverage termination date.

Note: participation in the Health Care FSA (both the Health Care and Limited) ends at the end of the month in which you terminate.

  • Dependent Care FSA — You have until the end of the plan year to submit dependent care FSA claims incurred from January 1 through your last day worked.
  • Health Care FSA — You have 90 days following your termination date to submit health care FSA claims incurred from January 1 through the end of the month in which you terminate.
  • 401(k) Plan — In addition to the above options, you can roll over your vested account balance into another qualified plan through a new employer or into an Individual Retirement Account (IRA). Contact Fidelity online or by calling 1-800-835-5095 to review your options upon Retirement. If you have a balance of $1,000, Fidelity will automatically roll your account balance over to an individual IRA rollover account. If you have $5,000 or more, you have the option of leaving your account balance in the plan although your payroll contributions and DSM’s matching contributions will end when your employment ends.