Open enrollment time is approaching, and PEBA wants to help you get your ducks in a row to select your insurance benefits for 2021. Start thinking now about what changes you might want to make to your insurance coverage. Be on the lookout, too, for the ducks on PEBA’s enrollment pond. They can help you understand your options, so you’ll be ready to get your ducks in a row!
Open enrollment is October 1-31, 2020.
If you are satisfied with your elections, you don’t need to do anything. Your coverage will continue in 2021. Keep in mind, though, you must re-enroll in MoneyPlus flexible spending accounts each year. You can re-enroll in MoneyPlus and make any other eligible changes online using MyBenefits at MyBenefits.sc.gov. If you’re unsure what insurance coverage you currently have, just log in to MyBenefits to find out. While you’re logged in, take a few minutes to review your life insurance beneficiaries and make any updates.
Any changes that you make during open enrollment take effect January 1, 2021.
To learn how to get your ducks in a row, check out our open enrollment webpage at peba.sc.gov/oe.
Updated website launched July 1
Have you checked out PEBA’s updated website? The site was redesigned with employer and member feedback in mind to better serve both populations. Take a few minutes to visit peba.sc.gov.
Learn about insurance benefits in the IBG
The 2021 Insurance Benefits Guide (IBG) is now available online. This publication gives you an in-depth look at all insurance benefits for the upcoming plan year.
Maintain social distance and apply for retirement online
It’s easy to apply for retirement without leaving your home by logging in to your Member Access account. You may file your application as early as six months prior to your desired effective date of retirement but no later than 90 days afterward. We encourage you to file your application as early as possible.
Deferred Comp local office moves
The South Carolina Deferred Compensation Program’s (Deferred Comp) local office recently moved to Suite 201 at 200 Arbor Lake Drive in Columbia, SC. Due to COVID-19, however, the local office remains closed to visitors. Participants may contact Empower Retirement at 877.457.6263 or log in to their Deferred Comp account at www.southcarolinadcp.com. Local retirement plan advisors are also available by phone or videoconferencing to address participant needs and perform retirement awareness reviews.
