Other Benefit Changes Effective July 1, 2014
Life Insurance Special Open Enrollment!
April 9 – June 13, 2014
For coverage effective October 1, 2014
Take advantage of this special life insurance open enrollment to protect your family in the event of your death. During this open enrollment, eligible state employees actively at work and employees on an approved military leave can:
- Enroll for one, two or three times salary; or
- Increase their coverage by an additional one to three times salary.
Proof of good health is not required.
LIFE INSURANCE BENEFIT ENHANCEMENT
The accelerated life benefit allows participants to elect an advance payment of their life insurance death benefit if they have been diagnosed with a terminal illness. Effective July 1, 2014, upon payment of the accelerated life benefit, future life insurance premiums will be waived regardless of a member’s age.
LONG TERM DISABILITY
Mental health disability benefits of the Long Term Disability program will increase from 24 months to 36 months for disabilities occurring on or after July 1, 2014.
This information provided by the Group Insurance Commission.