THIS ENROLLMENT PAGE IS FOR EMPLOYEES WHO
WISH TO PURCHASE SUPPLEMENTAL LIFE/AD&D
- In addition to the employer-paid Basic Life/AD&D -
Supplemental (VOLUNTARY) Life/AD&D is available to purchase through your employer.
Pricing for both employee and spouse is based on the employee's age.
The per pay period deduction is calculated as follows using the
Age/Rate grid below:
Step 1: Find EMPLOYEE Age Bracket and Rate
Step 2: Consider COVERAGE AMOUNT you wish to purchase (max 5x Base Annual Earnings)
Step 3: Multiply Employee COVERAGE AMOUNT by age-banded RATE = Gross amount
Step 4: Divide GROSS AMOUNT by 1000 = Monthly Rate
Divide MONTHLY RATE by 2 = Pay Period Deduction (semi-monthly)
Multiply MONTHLY RATE by .4615 = Pay Period Deduction (biweekly)
Should you have any questions, please contact your Benefits Manager, Sarah Rodriguez.