It is important to keep beneficiary designations up to date. A beneficiary designation tells the benefit provider what to do in the event of the employee’s death. Without a valid beneficiary designation the 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.
Employees enrolled in TSERS should update their beneficiary designations. Employees with less than 10 years of membership service must change beneficiaries online at: www.MyNCRetirement.com, and click on ORBIT.
Employees with more than 10 years of membership service must complete Forms 2DB and 2RC then forward the notarized, original forms to the State Retirement System at the address listed on the form.
MetLife Life Insurance
Employees go to http://www.metlife.com/mybenefits to update their beneficiary designations.
Once completed, employees should keep a copy for their records.
NCFlex Life and NCFlex Accidental Death & Dismemberment (AD&D) Insurance:
All changes must be made online; UNC Health Care does not process paper change forms for NCFlex benefits. Employees may log into their NCFlex account online at https://shp-login.hrintouch.com/.
Employees may call 1-888-860-6118 for assistance with the Web site.
Supplemental Retirement Accounts
Employees may update the beneficiary designations associated with their 401(k), 403(b) and/or 457 plans by contacting their vendor representative. For contact information, please visit the Supplemental Retirement Plans information page on the Employee Benefits website.