2018/2019 Rates:
|
Plans
|
Monthly Contributions
|
|
Basic Life
|
$0.00 (Included with Active Employee Core Benefits)
|
|
Employee Supplemental Life
|
(every $1,000 of coverage) x (Age Rate)
|
|
AD & D - Employee Only
|
$0.020 / $1,000 of coverage
|
|
AD&D - Employee Plus Dependents
|
$0.030 / $1,000 of coverage
|
| Dependent Life
|
$0.44 per month
|
| Spouse Supplemental Life
|
(every $1,000 of coverage) x (Age Rate)
|
Age Rates for Employee & Spouse Supplemental Life
Based on employee’s age on the last day of the month that contributions are paid*
- 0-29…… $0.021
- 30-34…… $0.036
- 35-39…… $0.057
- 40-44…… $0.071
- 45-49…… $0.107
- 50-54…… $0.164
- 55-59…… $0.307
- 60-64…… $0.471
- 65+…… $0.700
*The first payment after the employee’s birthday will reflect the new rate.