Warm a Winter Wish at UREC for a Family in Need
Are you looking for a way to make a positive impact in the Harrisonburg community this holiday season? Each year, UREC partners with local agencies (First Step, Mercy House, and Brain Injury Connections of the Shenandoah Valley) to help wishes come true for families in need in the community. Here’s how Warm a Winter Wish works:
- Come to UREC anytime before December 9 during operating hours and pick a wish tag from the tree in the UREC lobby.
- Or, if your department would like to sponsor a family or larger gift, contact Lorie Miller at 540-568-8718 / firstname.lastname@example.org.
- Fulfill the “wish” and return the item to UREC (unwrapped) by Tuesday, December 10 at Noon.
Join UREC for the annual Wrapping Party on Wednesday, December 11 from 1:00 p.m.- 3:00 p.m. in UREC Sports Forum 2! Supply donations (paper, scissors, tape, bows) are appreciated as well.
JMU 2019 Food Drive
You help sustain life, restore options, and provide hope when donating to the Blue Ridge Area Food Bank during the JMU Thanksgiving Drive now through November 22.
2019 Virginia Retirement System Member Benefit Profiles (MBPs)
The Virginia Retirement System Member Benefit Profile (MBP) is an annual benefit statement based on information reported to VRS as of June 30. The MBP provides you with account balance information, retirement eligibility and eligibility for other benefits such as group life insurance and the health insurance credit. To view your Member Benefit Profile, log in or create a secure myVRS account. Under the My History menu item, select Annual Statements.
The MBP can be a useful tool in determining if you are on target for your desired retirement date and income in retirement. Other tools available through VRS include the myVRS Benefit Estimator, which allows you to run different retirement benefit scenarios. In addition, use the myVRS Retirement Planner to set your income-replacement goal and enter expected income sources in retirement, including your VRS pension, Social Security, 403(b) and 457 contributions, and other savings. The planner also helps you project expenses in retirement, such as health care and taxes, and offers calculators and a budgeting worksheet.
Please contact the Benefits at email@example.com or 540-568-3593 if you have any questions concerning your MBP.
2020 Pension Plan Limits
The IRS recently announced Pension Plan limits for 2020. Effective with the 2020 calendar year, elective contribution limits for 403(b) and 457 plans will increase to $19,500/year, an increase from the current $19,000/year limit. The catch-up limit for employees over the age of 50 will increase to $6,500, an increase from the current $6,000/year. If you would like to make a change to your current contributions, please complete the Salary Reduction Agreement and return to firstname.lastname@example.org. The change in contributions will become effective January 1, 2020. If you contribute to the 457 plan and wish to make a change to your current contributions, please log into your account or contact ICMA-RC Investor Services at 1-877-327-5261, Option 1. The change will become effective the first of the next month after you make the change; therefore, for your change to be effective January 1, 2020, please make any contribution changes during the month of December. If you have questions regarding the plan limit changes, please contact email@example.com or 540-568-3593.
Our goal with the Benefits Broadcast is to feature a specific benefit each month.
This month’s featured benefit is...
Anthem Future Moms
Aetna Maternity Program
If you are enrolled in the COVA Care or COVA HDHP health insurance plan and receive the wonderful news that you (or your spouse) is expecting, then the free Future Moms benefit is for you! If you enroll in Future Moms within the first 16 weeks of pregnancy and meet additional program criteria, you can earn a $300 hospital copay waiver!
Other benefits include:
- A toll-free number where you can speak with a nurse 24/7 about your pregnancy
- The Mayo Clinic Guide to a Healthy Pregnancy book, showing changes you can expect for you and your baby during the next nine months
- A screening to check your health risk for depression or early delivery
- Free phone calls with pharmacists, nutritionists, and other specialists, if needed
- One additional dental cleaning and exam during the term of your pregnancy, in addition to the normal plan frequency limits
- Many other helpful tools!
Sign up for Future Moms by calling 1-800-828-5891.
If you are enrolled in the Aetna HealthAware health insurance plan, the Aetna Maternity Program provides help and support to help you have a successful pregnancy. By enrolling in the program within the first 16 weeks of pregnancy and participating based on your pregnancy risk profile, you are eligible to receive a $300 incentive contribution to your HRA around the 28th week of pregnancy. Sign up for Aetna Maternity Program by calling 1-800-272-3531, or log into the Aetna member website at www.aetna.com and look under Stay Healthy.
Social Security Newsletter
Check out articles in the November 2019 issue of the Social Security Column for important reminders and information from the Social Security Administration.