Life Insurance

 

The district provides life insurance benefits through Aetna to all eligible employees up to the limit as defined by the bargaining group agreement.

 

Basic life insurance and accidental death benefit coverage

 

The district provides group life insurance protection for eligible employees at no cost to the employee. All regular employees are eligible for an amount of life insurance based on salary. See the chart below for details.

 

Beneficiaries

Employees eligible for life insurance benefits were initially given a benefit card to designate a beneficiary. Beneficiary changes can be made at any time. Please include the name of the person(s) you wish to receive your life insurance benefit upon your death, along with their social security number, date of birth, relationship and the percentage of benefit you wish to provide them. If a beneficiary is not elected, benefits will go to your estate. Person(s) you wish to receive the life insurance benefit, in the event of the simultaneous death of you and your primary beneficiary, should be listed under Contingent Beneficiary.

 

Life insurance chart by employee group

 

Life insurance chart by employee group
Employee group*District-provided life/AD&D coverageEmployee supplemental life/AD&D coverageDependent life

ACE

 

Class B certificate

3 x Annual Salary
Maximum $300,000

Not available

Available as follows:
Spouse - $10,000
Child(ren) - Live birth through age 26, if unmarried - $10,000/each

AEA

 

Class D certificate

3 x Annual Salary Maximum $100,000

Can purchase supplemental coverage equal to difference between 3 x Annual Salary and $100,000 to maximum of $300,000

Available as follows:
Spouse - $10,000
Child(ren) - Live birth through age 26, if unmarried - $10,000/each

APA

 

Class C certificate

$300,000 Can purchase supplemental coverage in one of the amounts below:
$50,000, $100,000, $150,000, $200,000, $250,000 or $300,000

Available as follows:
Spouse - $10,000
Child(ren) - Live birth through age 26, if unmarried - $10,000/each

Exempt

 

Class A certificate

3 x Annual Salary
Maximum $600,000

Not available

Available as follows:
Spouse - $10,000
Child(ren) - Live birth through age 26, if unmarried - $10,000/each

Local 71

 

Class H certificate

3 x Annual Salary
Maximum $50,000

Can purchase supplemental coverage equal to difference between 3 x Annual Salary and $50,000 to maximum of $300,000

Available as follows:
Spouse - $10,000
Child(ren) - Live birth through age 26, if unmarried - $10,000/each

Non-represented

 

Class L certificate

3 x Annual Salary
Maximum $300,000

Not available

Available as follows:
Spouse - $10,000
Child(ren) - Live birth through age 26, if unmarried - $10,000/each

Teamsters Bus

 

Class I certificate

3 x Annual Salary
Maximum $300,000

Not available Available as follows:
Spouse - $10,000
Child(ren) - Live birth through age 26, if unmarried - $10,000/each

Teamsters Food Service

 

Class F certificate

3 x Annual Salary
Minimum $5,000
Maximum $300,000

Not available

Available as follows:
Spouse - $10,000
Child(ren) - Live birth through age 26, if unmarried - $10,000/each

Teamsters Maintenance

 

Class G certificate

3 x Annual Salary
Maximum $300,000

Not available Available as follows:
Spouse - $10,000
Child(ren) - Live birth through age 26, if unmarried - $10,000/each

TOTEM

 

Class E certificate

3 x Annual Salary
Maximum $50,000

Can purchase supplemental coverage equal to difference between 3 x Annual Salary and $50,000 to maximum of $300,000

Available as follows:
Spouse - $10,000
Child(ren) - Live birth through age 26, if unmarried - $10,000/each

*Insurance certificates are available only to employees after logging into the District Connection.

*Employees covered by each group can be found on the Benefits home page.

 

 

Additional benefits employees may purchase

 

Dependent life insurance

Active, eligible employees may enroll, unenroll or make changes to dependent life insurance by visiting the Benefits Office and completing a new life insurance enrollment "Benefit Card" during an open enrollment period or within 30 days of a qualifying family status change.

 

The dependent life insurance policy the district has made available to all eligible employees is in the amount of $10,000 with a $24 annual premium paid by the employee. The premium is deducted from the employee's first paycheck of the school year. This policy covers a spouse and eligible dependent children in the event of their death.

 

Supplemental life insurance

The employee groups below are eligible to purchase supplemental life insurance.

 


TOTEM, AEA and Local 71 employees

Calculate the cost for supplemental life coverage as follows:

 

  1. Multiply your annual salary by 3 and round to the next higher $1,000.
  2. Subtract the district-paid amount that is applicable to your bargaining unit.

  3. Multiply this amount by .000217 to determine your monthly cost. Multiply the results by 12 months for an annual cost for supplemental life and accidental death and dismemberment insurance.

  4. Divide the annual cost from step 3 by 10 to determine your monthly payroll deduction amount for the school year (September through June).

 

Example for an employee earning $30,500 per year with a district-provided maximum of $50,000:

 

  1. $30,500 x 3 = $91,500 rounded to $92,000

  2. $92,000 - $50,000 = $42,000

  3. $42,000 x .000217 = $9.11 monthly x 12 = $109.32 per year

  4. $109.32 annual premium ÷ 10 = $10.93 per month, September through June

 

APA employees

You may select one of three supplemental insurance options: $50,000; $100,000; $150,000.

 

The premium is $0.217/1000. To determine your monthly payroll deduction for the school year (September through June) multiply your choice by .000217, then multiply this amount by 12 and divide by 10. F or example, if you choose the $50,000 option:

 

  1. $50,000 x .000217 = $10.85 monthly x 12 = $130.20 for supplemental insurance premium/year.

  2. $130.20 ÷ 10 = $13.02 per month, to determine your 10-month payroll deduction (September – June)

 


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