2018 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.
2017 Rates:
|
Plans
|
Monthly Contributions
|
|
Plan A: Basic Life
|
$1.90 per month
|
|
Plan B: Dependent Life
|
$0.52 per month
|
|
Plan C: Optional Employee Life
|
(every $1,000 of coverage) x (Age Rate)
|
|
Plan D: Optional Spouse Life
|
(every $1,000 of coverage) x (Age Rate)
|
| Plan E: AD&D--Employee Only
|
$0.020 / $1,000 of coverage
|
| AD&D—Employee plus dependents
|
$0.030 / $1,000 of coverage
|
Age Rates for Plans C & D
Based on employee’s age on the last day of the month that contributions are paid.*
0-29...… $0.025
30-34…… $0.042
35-39…… $0.067
40-44…… $0.084
45-49…… $0.126
50-54…… $0.193
55-59…… $0.361
60-64…… $0.554
65+..... $0.823
*The first payment after the employee’s birthday will reflect the new rate.