The Nebraska Public Employees Retirement Systems (NPERS) is pleased to announce a new feature will be added to upcoming quarterly State, County, and Deferred Compensation account statements. In response to requests from plan members, these account statements have been updated to include the beneficiaries on file for member retirement accounts.
Beginning January 1, 2019, quarterly statements will list the names of the primary and contingent beneficiaries. NPERS encourages all members take a few minutes and review the beneficiaries reported on their statement. It is extremely important members designate beneficiaries for their retirement account, and keep them updated. Failure to do so can result in unintended parties receiving death benefits, a significant reduction in death benefits, or death benefits paid to an estate.
In addition, members participating in the voluntary State of Nebraska Deferred Compensation Plan (DCP) also need to review their DCP statements to ensure they have designated beneficiaries for this account. Beneficiaries previously designated for the mandatory retirement will not transfer to the DCP account.
Beneficiary forms may be accessed on the Forms page of this website.
Don't forget you have the option to "Go Green" and view your statements online. Members may suspend mailing of paper statements by enrolling for electronic statements using the Ameritas online account access.