If you are a regular status, Union-Represented employee with at least six months of service, you are eligible to participate in life insurance coverage. After you reach eligible status, you can increase your life insurance coverage at any time, year-round or when you have an eligible change-in-status event. Select coverage of up to six times your pay (maximum $1 million) for Supplemental Life and Voluntary Accidental Death & Dismemberment (AD&D) insurance. You may also purchase Dependent Life insurance; up to $100,000 for your spouse or domestic partner and up to $25,000 for your children (limited to 50% of your total Basic and Supplemental employee coverage).
Your costs for Supplemental Life, Dependent Life, and Voluntary AD&D are paid for on a monthly post-tax basis through payroll deductions.
When you end your employment at or after age 55 ("retire"), the full amount of your pre-retirement employee supplemental life insurance coverage remains in effect for 31 days. After 31 days, the Company provides continued Postretirement Life Insurance coverage.