Review and update beneficiaries
From: Human Resources
As part of Virginia Tech’s ongoing commitment to supporting financial well-being, Human Resources would like to remind employees of the importance of reviewing and updating beneficiaries for both life insurance and retirement plans.
Beneficiary information should be accurate and up to date to ensure that in the event of unforeseen circumstances, loved ones receive the benefits designated for them without any complications or delays.
Please take a moment to review the following beneficiary designations:
- Basic and Optional Life Insurance: Beneficiaries through Securian Financial/Minnesota Life, for all eligible employees, are updated with the Virginia Retirement System. Beneficiaries should be updated online through the employee’s myVRS account. All eligible employees should register for this account to set up beneficiaries, regardless of their mandatory retirement plan.
- New York Life: Register or log in to your New York Life account to name or update beneficiaries.
- Zurich AD&D: Submit this form to the HR Service Center to update your designated beneficiary.
Retirement plan beneficiaries are separate for each vendor. To name or update beneficiaries with the vendors listed below, register or log in to your accounts:
Keeping your beneficiary information up to date is a small but significant step in ensuring peace of mind for employees and their loved ones. Act now!
For more information, contact the HR Service Center at 540-231-9331.