NU Employees

Employee News

NEW: Benefits ReSources Web site on the NUnet

Your NU benefits are an important part of your total compensation at NU. Information about your benefits, therefore, is very important for you to have when you need it. This new benefits site is accessible anytime and anywhere the NUnet and the internet are available—from home (via www.nuemployees.com) or work. Keep in mind that the benefit information currently posted applies to 2008—updated benefit information for 2009 will be posted on January 1. Find a link to the Benefits ReSources on the NUnet home page under the “Inside NU” category.

Your Future Your Choice: NU's Financial Education Program

One of NU’s greatest concerns is for the physical and financial health of its employees. To help employees achieve their financial goals, NU has partnered with MetLife to take retirement planning beyond the basics and into building a comprehensive financial strategy for the future. Together, MetLife and NU created a comprehensive financial education program called Your Future Your Choice to specifically target the needs of NU employees.

This program is available to all nonunion and certain union employees, as negotiated (PSNH and CL&P Clerical/Technical unions have negotiated for this benefit). Your Future Your Choice consists of the following three components:

RetireWise

RetireWise is a retirement education program consisting of four seminars and an optional one-on-one meeting. RetireWise is based on a set of best practices MetLife developed through long experience helping employees prepare for retirement. The program takes a comprehensive approach to retirement and considers issues beyond just managing investments—such as maximizing the value of current employee benefits.

To register for Retirewise, go to www.metliferetirewise.com or call 1-866-712-9172.

Financial Education Seminars

Offered at locations convenient to NU employees, these seminars are free to eligible employees. Subjects range from maintaining a standard of living in retirement to determining how to allocate 401k assets. To register for a seminar, log on to MetLife’s web site at http://www.neu.metlife.com/seminars.cfm or call 1-886-712-9172.

ProAdvice Signature Financial Plan

The best way to achieve goals in retirement is to have a plan. NU is providing each eligible employee with a redeemable voucher (valued at $300) for a comprehensive financial plan with a MetLife Financial Planner. Employees eligible for this benefit will have the opportunity to work with a MetLife Financial Planner throughout several meetings to create a ProAdvice Signature Financial Plan. Each customized financial plan will include sections on investments, net worth, insurance analysis, cash management, taxes, education, business, retirement, and estate planning. Once an employee receives a voucher, MetLife will contact the employee within 30 days to schedule an implementation meeting for beginning the financial plan process. Employees interested in contacting MetLife in advance of their outreach can call them at 1-886-712-9172.

More Information

For more information regarding the Your Future Your Choice program, contact MetLife at 1-886-712-9172.