Benefit News and Updates
Working through COVID-19
As the University continues to take steps to limit the risk to our community from the possible spread of COVID-19, Human Resources is adjusting its operations and providing additional updates, reminders and information to keep faculty and staff informed. Working through COVID-19 site
Open enrollment 2020 – which medical plan best meets the needs of you and your family
As benefits open enrollment approaches for 2020, understanding which medical plan is best suited for you and your family is important. Part of that understanding is figuring out which plan makes the most sense financially. Take a look at the Purdue medical plans cost analysis here.
The cost analysis is based on the “Summary of Consumer Directed Health Plan Enrollment & Utilization Compared to a Traditional Plan” document created by LHD Benefit Advisors.
PERF participants to receive new website login credentials
The Indiana Public Retirement System has changed to a new record keeper, Voya Financial, and has enhanced its website. Staff participating in the Public Employees' Retirement Fund will receive new login credentials in the mail during January, and INPRS also has a new phone number: (844) GO-INPRS (844-464-6777). More information about the changes is available here.
Benefit enrollment now online through Benefitfocus
Benefitfocus – the new benefit enrollment and management tool introduced in July 2017 – is ready to serve you around the clock throughout the year. You’ll be able to manage your benefits with services that include: Completing enrollment as a new employee, submitting new elections when you have a qualifying life event (for example, when you get married or have a baby), reviewing current benefits throughout the year, changing how much you’re contributing to your Health Savings Account (HSA),and checking and updating your beneficiary information for term life insurance and accidental death and dismemberment coverage. For more details, including instructions on how to enroll, click here.
Protect your loved ones – update beneficiaries
Designating your beneficiaries ensures that your funds are appropriately distributed per your wishes and not defaulted to your estate. Once designated, it is recommended to review your beneficiary designations each year to ensure no changes are needed.
Several of your Purdue benefits provide for beneficiaries in the event of your death so updated information is very important. Read the full HR Connect article with instructions on how to update beneficiaries here.