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You should designate a beneficiary immediately upon enrolling in Life and/or AD&D insurance. You may name the same or different beneficiary for your UC Retirement Plan. You may name more than one beneficiary and specify the percentage that each beneficiary is to receive online or by submitting form UBEN 116 [PDF]. A beneficiary may be a person, trustee, or organization. You can change your beneficiaries at any time. If no beneficiary is named or if your beneficiary is no longer living, any benefits will be paid to your survivors in the following order:
If a family member is covered by AD&D, you are automatically named the beneficiary. You can change this online or by submitting form UBEN 119 (Designation of Alternate Beneficiary) [PDF]. |
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