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New York Life Employee Benefits

Interested In Signing Up

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All employees are eligible to sign up once the eligibility requirements have been met. In addition, employees who are nearing six months of employment and are interested in learning more about New York Life can do so by meeting with a New York Life representative on the Blacksburg campus.

Eligible employees who wish to speak with a New York Life representative must schedule an appointment. Appointments can be scheduled by emailing Lisa Van Wickler at or calling 434-953-5091. Employees who work at extended locations should also contact Van Wickler to schedule a meeting.

Care That Goes Above And Beyond

We know that financial protection, well-being, and peace of mind require more than the standard benefit offerings. Once youre enrolled with NYL GBS, these additional programs1 are available to you with certain policies. Programs may vary, based on the coverage you select.

Health Advocacy Services

Personalized assistance to help you and your family members navigate a wide range of health care and health insurance challenges.

Life Assistance Program

Offers telephonic clinical and work/life support that provides face-to-face counseling visits, referrals for community services, free 30-minute financial and legal consultations, educational resources and webinars.

Secure Travel Services

A comprehensive worldwide travel assistance program that includes pre-trip planning and emergency assistance to covered persons while traveling 100 miles or more from home.

NYL GBS Health Advocacy Services2

Personalized assistance to help you and your family members navigate a wide range of health care and health insurance challenges.

NYL GBS Life Assistance Program 3

From the convenience of your desktop or phone, you have access to clinical and work/life support, including provides face-to-face counseling visits, referrals for community services, free 30-minute financial and legal consultations, educational resources, and webinars.

NYL GBS Secure Travel4

Your Employees Deserve It

Life Insurance

Our individual and group life insurance products offer protection and security to your employees and their loved ones.

Disability Insurance

We also offer short- and long-term disability to protect your employees if they are unable to work due to injury or illness.

Expert Guidance

With a network of financial professionals dedicated to small business benefits, a local representative can meet to discuss your needs.

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Great Employee Benefit Programs Attract The Best Talent

Tech companies are well-known for offering some of the best employee benefits programs out there. They recognize that to attract and retain top talent, especially in their hyper-competitive industry, they must create an environment where people want to work, grow, and stay. Achieving that goal often means offering a significant and creative benefits package.

Tech companies offer great salaries, their benefits packages are generous, and they provide great things on their campuses . The objective of this strategy is to develop a culture of work that can enable employees to work hard, long hours needed to drive the innovative spirit of the company. The competitive edge of any tech company is its ability patent and leverage new technologies. This often falls on teams having to work unorthodox work schedules. To offset this, companies like Facebook must ensure that their employee benefits are known for enablinghigh employee retention and engagement rates.Some of the best ofall Facebook employee benefitsare listed below:

  • An extensive healthcare plan with low co-pays
  • Facebook employee health benefitsinclude dental and vision coverage
  • 16 weeks of paid maternity/paternity leave is available
  • 21 vacation days, 11 fully paid holidays and unlimited sick days are available
  • 50% 401 match on up to 7% of the employees salary
  • Free lunch and snacks
  • Employee discounts on travel, electronics, restaurants, hotel stays, automobiles, movie tickets, and more1

Learn About Your Benefits

Employee Benefits and Corporate Culture

Your income in retirement will likely come from many sources. In addition to Social Security, you might have savings from other employers, and other assets, such as New York Life retirement benefits.

About nonqualified benefits.

The company provides two nonqualified plans to certain eligible employees that supplement the retirement benefits available through the qualified 401 Savings Plan and Pension Plan:

  • The Excess EPSI Savings) Plan
  • The Excess Benefit Plan

These plans provide supplemental benefits above the IRS limits. In addition, the company provides nonqualified deferred compensation plans to certain eligible employees.

Learn more: See if youre eligible for these benefits at Your Benefits Resources .

Our savings and retirement benefits are designed to grow with you as your career grows. Theyre also valuable, competitive, and one-of-a-kind, with special features that build off of each other to help you save more, faster.

Learn how:

Who contributes to the Plan

You and New York Life

New York Life

Who is responsible for the investment risk

How to find more information

  • Your Benefits Resources at or
  • The New York Life InfoLine at 1-888-513-4636 to speak with a Benefits Center representative.

Pre-tax or Roth?

What about your current balances?

Recommended Reading: When Can You Get Social Security Benefits

Look Past The Sales Pitch

Pick your partner wisely, they pitch it as a guaranteed base salary but it is 100% contingent on sales and performance, they discuss leads but even when you start to get them you get very very few.Cons are it is not the most organized between departments, customer service reps give a lot of incorrect info to customers which they can take out and you and donât expect to always get a yearly raise.

New York Life Group Benefit Solutions

Our Industry Experience

Our diversified portfolio and track record of reliability provides financial protection solutions for small, mid and large clients.

Our People

With over 3000 strategic professionals, we are always ready to address your businesss unique needs.

Our Technology

Our single, cloud-based platform and agile digital tools means a more streamlined, connected experience.

Industry Experience

100-plus years track record serving small, mid-size and large organizations, supported New York Lifes financial strength and stability.1

People

Expert teams and a legacy of caring guidance provide assurance that were here for good.

Technology

Digital capabilities designed to further innovate and improve the employer and employee experience.

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Work Wellness Insights For You

Get the resources you need to stay healthy at workand find out what to do if you need to go out on leave.

1These programs are NOT insurance and do not provide reimbursement for financial losses. Some restrictions may apply. Not available for policies issued by New York Life Group Insurance Company of NY. Programs are provided through third party vendors who are solely responsible for their products and services. Full terms, conditions and exclusions are contained in the applicable client program description and are subject to change. Program availability may vary by plan type and location and are not available where prohibited by law.

New York Life Group Benefit Solutions products and services are provided by Life Insurance Company of North America and New York Life Group Insurance Company of NY, subsidiaries of New York Life Insurance Company.

Life Insurance Company of North America is not licensed in New York and does not conduct insurance business in New York.

562-8421 7a.m. – 7p.m. CST

Enhanced Life And Ad& d Offerings

Employee Benefits – Term Life Insurance NY

Compassion and expertise when families need it most.

For more than 100 years, weve been offering life and accidental death and dismemberment . Employee protection should provide value at every stage of lifes journey, yet every individuals circumstance is different. Thats why you and your employees can expect a personalized approach.

Read Also: Benefits Of Filing Tax Extension

Serving Organizations And People For 100 Years1

We are proud to provide businesses across the country with modern solutions, expert guidance and more than a century of experience. Draw on our suite of fully insured and self-insured paid solutions that support employers and employees, including:

  • Absence capabilities with solutions for current and emerging regulatory and company specific leave types.
  • Life and accidental death and dismemberment
  • Integrated medical offerings

Individual Solutions That Can Provide Your Employees Valuable Financial Protection

1 LIMRA Employees are paying closer attention to their insurance benefits.2Neither New York Life nor its agents provide tax advice. Please consult your tax advisor regarding the taxability of benefits for these products.

Your Group Term Life Insurance/Group Long Term Disability Insurance/Group Short Term Disability Insurance program may be subject to the Employee Retirement Income Security Act of 1974 . You should consult with your tax and legal advisors regarding the applicability of ERISA to this program and your responsibilities, if any, under the program.

New York Life Employees Whole Life Insurance and fully underwritten insurance products are not intended to cause the employer or the products to be subject to ERISA. Employee participation is intended to be completely voluntary. You should consult with your tax and legal advisors regarding the applicability of ERISA to this product.

New York Life, its subsidiaries, agents, and employees do not provide legal or tax advice.

These policies have exclusions, limitations and terms under which the policies may be continued in force or discontinued. For costs and complete details of the coverage, please contact your New York Life agent or the company.

New York Life Group Term Life Insurance, Group Short-Term and Long-Term Disability Insurance are issued by New York Life Insurance Company .

EB-MKT-1051

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Putting Benefits To Work For Peoplesm

Serving the needs of employers and their employees starts with taking a simpler and human-centered approach. Watch the video to see how New York Life Group Benefit Solutions can advance your goals and inspire confidence.

Employers

An organizations needs and how they are fulfilled should align with the needs of their employees. That’s why New York Life Group Benefit Solutions provides cost-effective plan designs, personalized employee support, coaches and experienced guidance to help deliver more value and improve the financial protection, well-being and productivity of your employees.

Producers

At New York Life Group Benefit Solutions, producers will find a strategic, collaborative partner with experienced sales and client management teams, as well as financial solutions for small, mid-size and large clients.

Employees

We cant always predict what will happen in life, but we can prepare for the unexpected. When offered by your employer, New York Life Group Benefit Solutions can provide you with coverage to help provide peace of mind during those unexpected moments.

Employers

Producers

You have a collaborative partner with more than one-hundred years1 of experience, enabled by New York Lifes strength and stability. We deliver consultative expertise and support with experienced sales and client management teams, and a full suite of financial protection capabilities and products for small, mid-size, and large clients.

New York Life Group Benefit Solutions Invests To Secure Its Leadership Now And In The Future

Employee Benefits and Corporate Culture

“New York Life Group Benefit Solutions has achieved an industry-first technology position with the first complete FINEOS AdminSuite implementation on the FINEOS Platform powered by AWS.

FINEOS AdminSuite combined with other complementary cloud technology investments enables Group Benefit Solutions to provide best-in-class benefits administration for our employer clients and their employees today while keeping pace with future market demands.”

Matt Marze, Vice President Technology, New York Life Group Benefit Solutions

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Employee Benefits: Ten Ways New York Life Can Help

Over our 177-year history, New York Life has been dedicated to helping both our customers and our employees protect themselves and those they love. We are nothing without our people, and we have a long-standing tradition of providing them with a wide range of comprehensive benefits.

Encouraging a healthy work-life balance for our employees is a core part of the New York Life culture. Our benefit packages are built with that in mind, providing flexibility and choice across a wide range of options.

When you join the team, youre making a commitment to New York Life, and New York Life equally makes a commitment to you”Maria Mauceri, vice president and head of benefits at New York Life

So, whether its backup childcare, a solid retirement savings plan, or assistance with student loan repayments that might provide some peace of mind, were here to help. While the companys benefit programs are subject to change and evolve over time, here are just a few examples of how New York Life helps employees today.

1. My student loan debt hangs over me. I just want to get the balance paid off as quickly as possible.

New York Life helps employees tackle that debt. We offer all eligible employees a monthly contribution of $170 towards their student loan repayments. The program lasts for five years and, in that time, we can contribute up to $10,200 toward student loan debt.

Find out more in this article that takes a deeper dive on student loan benefits.

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