As employees experience family status changes (i.e., birth of a child, marriage, divorce) throughout the course of their employment, they may also want to consider changing their beneficiaries for their retirement plan, group life insurance, and/or supplemental retirement plan(s).
In order to change your beneficiaries, the following must be done:
Group Life Insurance
Employees enrolled in the Group Life Insurance plan must complete a Beneficiary Change Form. Contact the HR Employee Resource Center, 860-679-2426 (HR-EmployeeResource@uchc.edu).
State Employees Retirement System
Members of the State Employees Retirement System (Tier I, Tier II, or Tier IIA) must complete a new CO-931h Form. This form can also be obtained by contacting the HR Employee Resource Center, 860-679-2426 (HR-EmployeeResource@uchc.edu).
Alternate Retirement Program
- Members of the Alternate Retirement Program must contact Prudential (844-505-7283) to change beneficiary*.
- CO-931h Form: This form can also be obtained by contacting the HR Employee Resource Center, 860-679-2426 (HR-EmployeeResource@uchc.edu). The state requires a CO-931h form for payroll purposes. It is completed upon hire, and should be updated any time beneficiary changes are made. The last regular paycheck and accruals that are due in the event of death are directed to the beneficiary listed on the CO-931h.
403(b) and 457
Employees enrolled in a 403(b) or 457 plan contact Prudential (844-505-7283) to change beneficiaries.
* ING Change-Over for the Alternate Retirement Program, 403(b), and 457: During the change-over to ING as the administrator of the Alternate Retirement Program and the two supplemental retirement plans, 403(b) and 457, employees were asked to complete new beneficiary forms. Please be advised that if you made beneficiary changes at that time, the changes only apply to funds that have been payroll deducted and sent to ING, or funds that have been rolled-over from other companies to ING. If you still have funds with other companies, such as TIAA-CREF, the beneficiary form that is on file with that company is the form that applies to those funds. To update this beneficiary information you must contact the company directly:
Former Alternate Retirement Program Vendor
Former 403(B) Vendors
|The Hartford Life Insurance Company||800-528-9009||www.thehartford.com|
|ING Life Insurance and Annuity Company||800-784-6386||www.ing-usa.com|
|Oldham Resource Group||800-626-6106||www.oldhamresourcegroup.com|
|Travelers Life and Annuity||800-842-4015 (Press Option 2)|
Former 457 Vendors
|Phoenix||800-541-0171 (Group Annuity)
800-243-1574 (Mutual Funds)