R477-6-10. State Paid Life Insurance

Latest version.

  (1) A benefits eligible career service exempt employee on schedule AA, AB, AD, AR and AT shall be provided the following benefits if the employee is approved through underwriting:

  (a) State paid term life insurance coverage if determined eligible by the Group Insurance Office to participate in the Term Life Program Public Employees Health Plan:

  (i) Hourly wage $24.03 or less shall receive $125,000 of term life insurance;

  (ii) Hourly wage between $24.04 and $28.84 shall receive $150,000 of term life insurance;

  (iii) Hourly wage $28.85 or higher shall receive $200,000 of term life insurance.

  (2) An employee on schedule AC, AE, or AS may be provided these benefits at the discretion of the appointing authority.

                    
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