Term life insurance provides coverage equal to an employee's annual salary rounded to the next thousand, plus an additional $2,000.

The cost of the monthly premium is shared with the District. You pay two-thirds of the total cost and the government pays one-third. Additional life insurance levels are available for employees and their dependents at low cost.

Optional life insurance is available at low cost for employees and their dependents, but employees pay 100% of the cost of optional life insurance.

Optional Plan (Additional Coverage, Premium Amount)

Option A Standard

• Provides $10,000 coverage
• Cost determined by age

Option B Additional

• Provides coverage up to five times the employee's annual salary
• Cost determined by age and employee's salary

Option C Family

• Provides $5,000 coverage for the eligible spouse and $2,500 coverage for each eligible child.
• Cost determined by age

In order to carry newly elected life insurance coverage into retirement, new coverage must be in effect for the five years of service immediately preceding the retirement date or the entire period of service during which coverage was available (if this period is less than five years).