Death benefits provide income security to beneficiaries and eligible survivors. These benefits can play a critical role in making sure loved ones are financially protected in the event of a member’s death.
Death benefits, as part of the Death and Disability Plan, include comprehensive coverage that provides financial protection to beneficiaries and eligible survivors in the event of a member’s death. Additionally, a living needs benefit provides financial support to terminally ill members.
Death benefits include the following:
Employees enrolled in the Death and Disability Plan are eligible for death benefits.
The Death and Disability Plan is paid 100 percent by the employer. Dues for this coverage are 1 percent of effective salary if offered with Pension Plan enrollment, or 2.5 percent of effective salary if offered without the Pension Plan.