More about:

Active State Employee - Other Benefit Rates

Includes Optional Life Insurance, Long-Term Disability, and Dental/Vision rates:

Active State Employee - Optional Life Insurance Rates

Monthly GIC plan rates as of July 1, 2017 including accidental death and dismemberment

  Employee Smoker Pays Monthly Employee Non-Smoker Pays Monthly
Active Employee Age Per $1,000 of coverage Per $1,000 of coverage
Under Age 35 $0.10 $0.04
35-44 0.12 0.05
45-49 0.20 0.07
50-54 0.33 0.14
55-59 0.53 0.21
60-64 0.79 0.31
65-69 1.45 0.70
Age 70 and over 2.57 1.16

  

Example of monthly cost calculation

 

Sarah’s premium rate is $.05 per $1,000 of insurance: $68,000 x .05 / $1,000.

Her monthly cost would be $3.40.

1. Multiply her annual salary by 2 ($69,400);

2. Round that amount down to $69,000; and

3. Subtract $1,000.

Sarah’s premium rate is $.06 per $1,000 of insurance: $68,000 x .06 / $1,000.

Her monthly cost would be $4.08.

Active State Employee - Long Term Disability Rates

Monthly GIC plan rates effective July 1, 2017

Active Employee Age State Employee Pays Monthly
  Per $100 of Monthly Earnings
Under Age 25 $0.08
25-29 0.10
30-34 0.14
35-39 0.17
40-44 0.35
45-49 0.47
50-54 0.57
55-59 0.70
60-64 0.67
65-69 0.38
70 and over 0.22

Find out about GIC Long Term Disability benefits

Active State Employee - Dental/Vision Rates

Monthly GIC plan rates as of July 1, 2017

  Employee Pays Monthly Employee Pays Monthly
  Individual Coverage Family Coverage
Value (PPO) Plan $4.45 $13.8
Classic (Indemnity) Plan 5.95 18.46

Feedback

Tell us what you think