| LIFE INSURANCE |
|---|
Basic Life Employees also can purchase additional term insurance for themselves or for their families from Standard, Aetna and/or ReliaStar through payroll deduction. Standard Employee Supplemental Aetna Supplemental Employee Life Insurance a Pre-Tax Deduction Standard and Aetna Supplemental Employee Life Insurance premiums are deducted on a pre-tax basis. Because of this, the value (not the amount) of life coverage you have over $50,000 is taxable. This value amount is determined by the IRS based on the rates shown in the Calculator.
ReliaStar Standard Dependent |
| SHORT-TERM DISABILITY Plan Comparison |
ASU offers a choice of two short-term disability plans that provide replacement income if you cannot work because of a non-job related injury or illness.
Unum Standard Insurance Company |
| LONG-TERM DISABILITY |
Long-term disability coverage protects you from loss of income in the event of total disability for more than six continuous months due to illness or injury. It is provided through either Sedgwick CMS Inc. (if you participate in the Arizona State Retirement System) or Standard Insurance Company (if you participate in the Optional Retirement Plan). If you become disabled the carrier will pay you a monthly benefit equal to 66 2/3% of your basic monthly earnings minus any other disability income such as Social Security, Worker's Compensation or retirement benefit.
Sedgwick CMS Standard Insurance Company |
This information is not binding and subject to change at any time. Federal regulations, ABOR, ASU and ADOA policies and vendor contracts govern benefits eligibility and coverage. If there is any discrepancy between this information and the plan documents, the plan documents will govern.