Aurora University
Human Resources
Frequently Asked Questions (FAQ's)
This page will be updated regularly with questions we're
receiving during Open Enrollment and throughout the year.
- Flexible Spending
Account Debit Card - what's it all about? Click on the
link to learn more.
- Blue Cross Blue Shield Plan Information
- The plans haven't changed, though our employee cost went down!
If you'd like to read highlights, you can link here:
- Dental Plan Information
- Link HERE for more information
on the revised Guardian Dental Plan
- Vision Plan Information
- Link HERE
for more information on the Guardian VSP Vision Plan.
- Beneficiary information: What is a beneficiary &
why is it important?
- A beneficiary is the person (or persons) you elect to receive
a benefit in the event of your death. Electing beneficiaries (and
keeping your choice up to date) allows you to make sure your assets
get distributed to your loved ones in a way you desire.
- If there is not a living beneficiary named at the time of your
death for any of the contracts requiring a beneficiary designation,
the plan benefits will be paid to your estate. Your will, if you
have one, or the laws of the state of Illinois or Wisconsin will
then determine to whom the benefits are paid. You should name at
least one primary and at least one contingent beneficiary. Contingent
beneficiaries are necessary so that if a primary beneficiary pre-deceased
you or disclaims the asset, property will pass to your second choice.
- We strongly recommend you DO NOT name minor children as beneficiaries,
but rather to name a guardian for minor children and a trustee for
the children’s insurance proceeds and other assets to be managed
until they reach the age of adulthood. For legal advice about this,
please consult an attorney.
- TIAA
CREF Supplemental Retirement Account (SRA): Are you enrolled?
This is a good time to enroll or increase your contributions. Learn
more at the link above, or stop in HR for a Plan Booklet. (Note: Link
takes you off the AU website to the TIAA CREF website).
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