benefits

In January 2016, the state employee health benefits program will issue IRS form 1095-C to eligible participants as proof that coverage was offered or provided in 2015. This form is filed with your 2015 tax return to prove that you had coverage and/or that coverage was available to you during 2015 in accordance with the Affordable Care Act.  […]

Faculty members and classified staff in the Virginia Retirement System Hybrid Retirement Plan may make changes to their voluntary defined contribution amount once per calendar quarter. Higher voluntary contributions result in increased matching by VCU! Participants can make changes online at www.varetirement.org/hybrid.html or by telephone at 1-855-291-2285. For online access instructions, see “Quick and Easy […]

Quick and easy access to descriptions and performance information for the investments in VCU’s retirement plans is always available.  If you already participate in a plan, this information is available when you log in to your online account. If you don’t already participate in a plan or with a particular investment company, investment information sheets and performance data are […]

October 18-24 is National Retirement Security Week (formerly National Save for Retirement Week).  This is a great time to check out the multitude of free retirement planning, savings, and investment information tools and resources available to faculty and staff:  Learn about your primary faculty or classified staff retirement plan and how it works: Virginia Retirement […]

COVA Care, COVA HealthAware and COVA HDHP Participants: Did you know that your Employee Assistance Program (EAP) includes attorney consultations and legal resources? As an EAP member, your services include up to thirty minutes consultation time with a network attorney at no cost for each new personal legal matter that you encounter. After the initial […]

Open enrollment for faculty and classified staff eligible for the Commonwealth of Virginia’s health benefits and flexible spending account programs will take place from May 1st through May 22nd, 2015. For information about available plans and programs, and instructions for making elections, visit www.hr.vcu.edu/benefits.html.  

Employees, non-Medicare retirees, and/or their enrolled spouses who participate in COVA Care (Anthem) or COVA HealthAware (Aetna) health plans can qualify for Premium Rewards that reduce the cost of premiums.  The Premium Reward amount is $17 per month for each participating employee, retiree, or enrolled spouse. Premium Rewards for the upcoming plan year starting July 1, 2015 […]

America Saves Week is a great opportunity to assess your financial conditions and goals, and to start taking financial action. Take this opportunity to assess your retirement savings status and take control of your future investments. Check out the links below to take advantage of the resources that VCU and its employee benefit providers have […]

Faculty members and classified staff in the Virginia Retirement System Hybrid Retirement Plan may make changes to their voluntary defined contribution amount once per calendar quarter. Higher voluntary contributions result in increased matching by VCU! Participants can make changes online at www.varetirement.org/hybrid.html or by telephone at 1-855-291-2285. For online access instructions, see “Quick and Easy […]

State employee health plan participants should have received an email from the Virginia Department of Human Resource Management on Friday, February 13th regarding the Anthem security breach and identity protection services. Anthem has contracted with AllClear ID, a leading and trusted identity protection provider, to offer 24 months of identity theft repair and credit monitoring services to […]