(Amended 7/02; 1/11; 7/1/17)
Effective July 1, 2017, this policy has been revised. For the most current version without redlining, return to III-18.
Coverage begins as of the first day of the month following the employee's appointment. Faculty, professional and scientific and staff members have a choice of coverage in the amount of $50,000 or 2, 2.5, or 3 times their salary, while merit staff covered by the bargaining agreement have coverage in the amount of 2 times their salary.
The employee may name anyone as beneficiary or beneficiaries, and may change the beneficiary at any time by the completion of the proper form which is available on the Employee Self Service website.