Overview

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At MSCI, we review our benefits each year and strive to provide a comprehensive program that's as diverse as our workforce, to meet all our employees’ unique goals, while remaining highly competitive. Choosing the right benefits coverage for your needs—and making informed buying decisions year-round—allows us to provide one of the most valuable benefits programs in our industry.

Open Enrollment

Open Enrollment is your time to explore the wide variety of benefits and programs available so you can choose what will best help you and your family live well — physically, financially and emotionally for the year to come.

Open Enrollment for 2025 is Monday, November 4 – Friday, November 22.

If you do not take action, your current 2024 benefit elections will carry over to 2025, except your Health Care and/or Dependent Care Flexible Spending Account elections. You MUST make new elections for Health Care and/or Dependent Care Flexible Spending Accounts if you want to participate in these plans in 2025, even if you contributed in 2024.

New Hires

Be sure to review the 2024 New Hire Guide to review all your benefit options. You have 31 days from your date of hire to enroll in MSCI benefits. If you do not enroll within that timeframe, you will only have MSCI provided basic life and accident insurance, short-term disability (STD) insurance, and long-term disability (LTD) insurance. Your next opportunity to enroll in benefits will be during our annual Open Enrollment, held each year in the fall, unless you experience a qualifying life event in the interim.

Enroll in Benefits Using Workday

Follow these steps on Workday to enroll:

  1. Log in to Workday by typing “WD” in your browser.
  2. Open your Inbox to access the Open Enrollment task or New Hire Benefits task (click to launch and elect your benefits).
  3. Users will need to click on each individual benefit tile to review and/or change your benefit election(s).
  4. Before you enroll in medical benefits for yourself, you must first elect the Spousal Surcharge benefit, even if you do not have a spouse or domestic partner.
  5. Next, select one of the five spousal coverage options as it applies to you.
  6. Once you select your spousal option, you will then have access to elect medical coverage.
  7. Confirm or add a valid phone number and physical home address.
  8. Although not required for all coverage types, a few like prescription drugs will need your gender so it is recommended that you update this field.
  9. Once you have elected your benefits, please click "Review and Sign" and then "I accept". Then, click "Submit" on the bottom left-hand side of the enrollment page to submit your elections.

During Open Enrollment, if you do not make any changes, your current elections will rollover for 2025, with the exception of the FSAs. If you wish to participate in an FSA for 2025, you must actively enroll in that benefit.

If you are a new hire and you do not enroll within 31 days, you will only have MSCI-provided basic life and accident insurance, short-term disability (STD) insurance, and long-term disability (LTD) insurance.

 

Life Events

After your initial enrollment period, you may not change or cancel your benefit elections during 2025 unless you have a qualifying life event, including:

  • Marriage
  • Divorce or legal separation
  • Birth or adoption of a child
  • Death of a dependent
  • Loss or addition of spouse’s coverage due to a change in job status

If you experience a qualifying event and need to change your benefits, please contact the US Benefits Team as soon as possible. Changes must be made in Workday within 31 days of the qualifying event date. Changes are effective as of the date of the event. Important note: You must process qualifying life events in Workday.

If you experience a qualifying life event, it's a good idea to review your 401(k) beneficiary to ensure your savings are directed as you wish in the event of your death. Your retirement savings plan beneficiary designation is separate and distinct from your life insurance beneficiary designation. Visit principal.com/beneficiary to add or change a beneficiary.