Chevron Survivor Checklist

I along with most people have been thinking a lot about health and family recently with the current Coronavirus scare. Many clients have reached out and asked me about what they should do if anything were to happen to them. Does a family member, your spouse, or close friend need to call the benefits center? Do they keep your medical coverage?

Let us go through a survivor checklist for certain things your beneficiary needs to know.

What your survivor needs to do

• Report your death. Your spouse, a family member or even a friend should call the CVX Benefits Service Center as soon as possible to report your death
• Collect life insurance benefits. Your spouse or other named beneficiary will need to call the CVX Benefits Service Center to collect life insurance benefits

If you have a joint pension

• Start the joint pension payments. The joint pension is not automatic. Your joint pensioner will need to complete and return the paperwork from the CVX Pension Call Center to start receiving joint pension payments. Read more here...

If you are still are having questions, reach us at TechStaffer.

Sources:

• The Retirement Group or www.theretirementgroup.com
• “Retirement Plans-Benefits & Savings.” U.S. Department of Labor, 2019, www.dol.gov/general/topic/retirement.
• “Generating Income That Will Last throughout Retirement.” Fidelity, 22 Jan. 2019, www.fidelity.com/viewpoints/retirement/income-that-can-last-lifetime