What are examples of Benefit Events?

Benefit events refer to significant occurrences in an employee's life or employment status that can impact their eligibility for benefits or require changes to their benefits. The correct answer identifies the most relevant examples of these events.

Life events, such as marriage, divorce, or the birth of a child, are among the primary reasons that can lead to changes in an employee's benefits. A new hire represents an event where a benefits enrollment process is initiated, signifying a need to set up their benefit options. Termination of employment also clearly qualifies as a benefit event because it involves the cessation of benefit eligibility and may require the handling of COBRA benefits or other considerations.

While new hires and terminations are directly related to employment status and benefits eligibility, the inclusion of life events broadens the context to incorporate personal changes that affect benefits. This makes the combination presented the most comprehensive and illustrative of what constitutes benefit events in the context of benefits management.

The other options, while containing elements related to employment or compensation, do not correctly encapsulate the types of events that specifically impact employee benefits in the same way as the selected answer. For instance, annual reviews and salary adjustments pertain more to performance and compensation rather than direct benefit eligibility changes.