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May 2021 Intel Retiree News Flash

May 7, 2021

IN THIS ISSUE:
FROM THE LEADERSHIP TEAM:
We want to see your face!

HEALTHCARE BENEFITS:
SERMA WEBINAR: May 21 at 10:00a.m. PDT –
2021 SUMMARY PLAN DESCRIPTION AVAILABLE –
LAST CHANCE: 2020 SERMA FILING TIMELINE  AND HEALTH FSA AND DCAP FILING DEADLINE MAY 31, 2021 –

DISCOUNTS:
ATTENTION OREGON RETIREES: NIKE COMPANY STORE SALE – PORTLAND, OREGON APRIL 24 – MAY 30, 2021 –

COMMUNICATION:
60 MINUTES: GLOBAL CHIP SHORTAGE –
CURRENT INTEL BUSINESS STRATEGIES WEBCAST LINK –
INTEL ANNOUNCES $3.5 BILLION EXPANSION IN RIO RANCHO –
HOW TO REPLACE YOUR INTEL BADGE –

VOLUNTEERING AND DONATIONS (BENEVITY):
FIRST ROUND PAYOUT REPORT FOR 2020 AVAILABLE –
INDIA COVID-19 RESURGENCE CAMPAIGN –
NEW DONATION MATCHING PROGRAM PROVISION –

NOTE: Please do not reply to News Flash – use links provided
WELCOME NEW RETIREES!
Please click here to see our “New Retiree Welcome”

IMPORTANT RETIREE DATES:

LAST CHANCE:
FLEXIBLE SPENDING ACCOUNT AND DEPENDENT CARE ASSISTANCE PROGRAM FILING DEADLINE – May 31, 2021 

FROM THE LEADERSHIP TEAM – Howard High, Leadership Coordinator

HEALTHCARE BENEFITS – Gail Womack & Cynthia Pedigo, Co-chairs

LAST CHANCE: FLEXIBLE SPENDING ACCOUNT (HEALTH FSA) AND DEPENDENT CARE ASSISTANCE PROGRAM (DCAP) FILING DEADLINE – May 31, 2021

HEALTH FSA: You may file a claim for reimbursement of 2020 eligible premiums until May 31, 2021. Click here to review the two ways to submit claims. Other requirements include:

  • You are still eligible for SERMA
  • You haven’t opted out of SERMA for the plan year in which the claim occurred
  • You file your claim before the run-out period ends May 31, 2021

DCAP: If you retired in 2020, you have until May 31, 2021 to submit claims for eligible expenses incurred from your coverage dates. With limited exceptions, funds remaining in these spending accounts are forfeited. To submit claims for expenses (or get questions answered) for Health FSA, Limited Use Health FSA, and DCAP, visit the My Health Benefits websiteor call the Intel Health Benefits Center at (877) GoMyBen (466-9236).

DISCOUNTS – Deborah Wright, Chairperson

NIKE COMPANY STORE SALE – PORTLAND, OREGON APRIL 24 – MAY 30, 2021
Invitation is valid for one-time entry during the sale. Click here to view rules for check-in.

COMMUNICATION – Debbie Watson and Kathy Powell, Co-chairs

CURRENT INTEL BUSINESS STRATEGIES WEBCAST LINK

May 13, 2021 • 8:30 AM PDT
2021 Annual Stockholders’ Meeting
Audio
Webcast

INTEL ANNOUNCES $3.5 BILLION EXPANSION IN RIO RANCHO

Updated: 9:25 PM MDT May 3, 2021

VOLUNTEERING AND DONATIONS (BENEVITY) – Ben Manny & Annette Bachmeier, Co-chairs

FIRST ROUND PAYOUT REPORT FOR 2020 INTEL INVOLVED HOURS AVAILABLE
Round one payout checks for 2020 hours were mailed in April. The first round payout report is posted on the IRO Website. No commitment of funds on behalf of Intel or the Intel Foundation should be made to any cause until their payout is listed on this report. Please verify your cause and payout is listed as expected. For discrepancies, please email retiree.volunteers@intel.com. Lost checks, and failure for a cause to annually renew eligibility are issues that can be resolved and fixed in the next round of payouts. Two additional payout rounds are planned.
INDIA COVID-19 RESURGENCE CAMPAIGN CLOSED WITHIN 24 HOURS
The Intel Foundation announced a crisis relief campaign on Tuesday, April 27 on Circuit. Its $250K special matching cap was hit in less than 24 hours, before IRO could get the word out due to the urgency and speed of establishing this campaign. The good news is you can still donate to the featured cause, SEWA, through Benevity without being subjected to the campaign donation restrictions. You can also make a donation directly to SEWA, and request a match through Benevity which was not possible during a campaign. While the matching dollars will come from your annual $10K matching cap, instead of the campaign’s special matching cap they will not be subjected to the $1,000 campaign donation matching cap.
NEW DONATION MATCHING PROGRAM PROVISION
The cause for a pending donation can now be changed as explained in the recently updated Donation Matching Program guidelines found here. Once a donation has been submitted using the Benevity Portal, the donation dollars are committed and cannot be recalled. But they can now be redirected to another cause as detailed in the updated guidelines.

Filed Under: News Flash

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