Benefits Bulletin April 2023

Welcome to the Benefits Bulletin!

Our goal with this monthly newsletter is to communicate benefit changes and keep you up-to-date and informed on approaching deadlines.

April's Featured Benefit

This month's featured benefit is...

Chubb LifeTime Benefit Term

Chubb LifeTime Benefit Term is a powerful supplemental two-in-one insurance benefit that offers life insurance for family needs plus long-term care benefits. Life insurance benefits last a lifetime, and cash benefits can also be paid directly to you while you are living for long-term care expenses. This benefit is only available through JMU as part of the voluntary benefits package. This product is not sold on an individual basis.

Plan benefits include the following:

• Permanent life insurance with a long-term care rider
• Long-term care benefits up to 75 months
• Guarantee issue (no health questions asked) up to $50,000, with long-term care benefits up to $150,000
• Guaranteed benefit during working years
• Guaranteed life premiums that do not increase due to age
• Paid-up benefits that begin to accrue after 10 years that are guaranteed even if the premiums are discontinued
• Terminal illness benefit
• Spouse and children coverage available
• Fully portable – you own it and take it with you if you leave employment with no increase in premium

During this year’s open enrollment period (May 1-15), meet with a benefits counselor for complete details on guarantee issue guidelines. By reviewing Chubb’s LifeTime Benefit Term with an enrollment counselor for the first time, $10 per person will be donated to the UVA Children’s Hospital. There is no obligation to purchase coverage, and the donation will be made on your behalf.

To find out more about the benefit, call 800-421-3142, ext. 177 or schedule a benefits review HERE.

Save the Date: Employee Appreciation Day is May 18th

Please check the Employee Appreciation Day webpage for additional details.

Modified Summer Schedule

The university’s modified summer work schedule begins Monday, May 15 and ends Friday, August 11, 2023.

Need to talk with an expert?

• April 18 - FIRM, Philp Harris - scheduling Online
• April 20 - TIAA, Jay Colligan - online scheduling or eugene.colligan@tiaa.org
• April 28 - MissionSquare, Janice Parker - Online scheduling or jparker@missionsq.org (virtual appointments)
• May 1 - MissionSquare, Janice Parker - Online scheduling or jparker@missionsq.org
• May 3 - AFLAC, Michael Glover - michael_glover@us.aflac.com or 540-997-3201

2023 Balanced Dukes Conference

May 2, 2023 9:00 a.m. - 4:30 p.m.

Festival Conference & Student Center

Balanced Dukes is the work-life balance and integration program for faculty and staff at James Madison University. The mission of the Balanced Dukes program is “Partnering and engaging with employees to work towards personal satisfaction among the core dimensions of wellness: emotional, environmental, financial, intellectual, occupational, physical, social, and spiritual, in pursuit of a meaningful quality of life.”

Join us for a day filled with a variety of sessions covering several dimensions of wellness.

Topics this year include:

• Your Spending & Savings Plan
• Aligning Employee Affinity with Recruitment & Retention in THIS Economy
• Invest for Success: 5 Principles You Need to Know
• Back to Work After Baby: Navigating the 5th Trimester without Losing Your Mind
• Introduction to Gentle Yoga and Pranayama
• Crucial Conversations: Tools for Talking When Stakes are High
• Losing It: Reducing Weight Bias in Ourselves and the Workplace
• Tarot and Journaling: Tools for Self-Reflection
• Raise the Bar on Fitness
• Recharge: Find the Energy You Need
• The Environment, Sustainability, and Us
• Zen Meditation Sampler
• The Power of Wellness in Spiritual Disciplines
• East Campus Hillside Tour

For session descriptions and registration, click here

National Volunteer Week April, 16 - 22

Classified employees receive sixteen hours of paid leave per leave year to provide volunteer services through eligible non-profit organizations within or outside their communities. See DHRM Policy 4.40 for more information. Additional questions regarding Community Service leave can be directed to Reagan Neese, Benefits/Leave Specialist, at neeserw@jmu.edu.

TIAA Live Webinars

Quarterly economic and market update with Brian Nick, Chief Investment Strategist

Take a closer look at our views on the financial markets, including key market drivers, U.S. economy, policy and politics, and investing in public markets. This seminar will also cover the challenges that investors face and how to navigate them.

Wednesday, April 12 at 12 p.m. (ET), 11 a.m. (CT), 10 a.m. (MT), 9 a.m. (PT)

Fine-tuning your retirement strategy: Investing toward a secure future

Moving beyond investing basics to help fine-tune saving and investing strategies for retirement and build a more secure future.

Wednesday, April 12 at 3 p.m. (ET), 2 p.m. (CT), 1 p.m. (MT), 12 p.m. (PT)

Take Control of Your Financial Life: 5 steps to managing money & debt

If you’re just starting out or want to improve your day-to-day financial skills, this webinar will help you learn how to manage your money and balance your priorities so you can enjoy life now and save for the future.

Thursday, April 13 at 11 a.m. (ET), 10 a.m. (CT), 9 a.m. (MT), 8 a.m. (PT)

Women 2 Women: Start to finish - The early career woman's guide to financial wisdom

When women are starting their careers, there’s a lot to consider—career goals, job satisfaction, achieving a work/life balance. But it’s important to also consider retirement. Discover how establishing a plan now can help build your financial future.

Wednesday, April 19 at 3 p.m. (ET), 2 p.m. (CT), 1 p.m. (MT), 12 p.m. (PT)

Additional Recognition Leave Granted April 7, 2023

In honor of a productive General Assembly Session and thanks for your services to the citizens of Virginia, the Governor has authorized 4 hours of recognition leave. Other state agencies allocated this leave for use on Friday, April 7. To enhance your flexibility, you may select when to use the leave once your supervisor approves. The leave will be granted as recognition leave, reflected as such in MyMadison, and must be used in its full 4 hour increment. To redeem, select “Recognition” from the drop down menu. The leave must be used between 4/7/2023 and 12/31/2023. Any unused leave will be lost.

For questions, contact Reagan Neese, Leave Specialist

THANK YOU FOR READING!

This bulletin has been brought to you by the JMU Benefits Team. If you have any questions or would like to reach out to us, please give us a call at 540-568-3593, visit us on the web at www.jmu.edu/humanresources/benefits, or email us at benefits@jmu.edu. Look for the Live Chat on our website and reach one of us instantly!