It is important to keep beneficiary designations up to date. A beneficiary designation provides benefit vendors with information on who to contact in the event of an employee’s death. Without a valid beneficiary designation an employee’s funds may be tied up in costly escrow or estate proceedings upon their death. Employees can update their beneficiary designations at any time by following the directions below.
Things to Consider
Teachers’ and State Employees’ Retirement System (TSERS)
NCFlex Life and Accidental Death & Dismemberment (AD&D) Insurance
- Log into your account using your ONYEN and password
- Click on “Enroll Now!”
- Select “Benefits”
- Click on the “View/Edit information” tab on the respective plan you are wanting to make the change
- Select “Beneficiaries Edit”
- Continue through the change process and be sure to click “SAVE”
Employees may update their beneficiary designations associated with the University System’s Optional Retirement and Voluntary 403(b) Retirement Programs, 401(k) and/or 457(b) plans by contacting their vendor representative. For contact information, please visit the Benefit Contacts section of this website.
Group Term Life and AD&D Insurance
Updating beneficiary designations associated with the University’s Group Term Life Plan (MetLife) and/or AD&D Plan (Reliance Standard) must be done by completing the appropriate form. Please visit the Benefits Forms section of this website and navigate to Insurance Forms. Complete the MetLife and/or Reliance Standard forms and return them to the Benefits Services Department’s Campus Box—CB# 1045.