Events That Affect Participation

Your benefits under the Group Supplemental Life Insurance Plan are affected when you retire, if you continue to work beyond age 65, or if you become totally disabled.

When You Retire

When you retire, your supplemental life insurance and/or any spouse or child supplemental life insurance you had elected will end the last day of the month in which you retire.

If You Continue to Work Beyond Age 65

If you continue to work beyond age 65, your group supplemental life insurance will be reduced to a percentage of the coverage in force just prior to your 65th birthday. The amount of your insurance will be rounded to the next higher $10,000 and reduced by the following percentage:

Attained Age Percent of Original Benefit
65 65%
70 45%
75 30%
80 and older 20%

If you enter the plan after age 65, your group supplemental life insurance will be limited, according to the schedule, to a percentage of the coverage you would have been eligible for before age 65.

If You Become Totally Disabled

Once you begin to receive disability benefits from the University’s Long-Term Disability Plan, the amount of life insurance coverage available is equal to your supplemental insurance in effect on the date you stop working because of your total disability. This coverage continues at no cost to you while you are receiving benefit payments under the Long-Term Disability Plan.

For full details, contact the Benefits Section of Human Resources.