|
EXAMPLES OF BENEFIT SELECTION AND COST
Monthly Cost Via Payroll Deductions
| | Benefit Amount | Employee Only
$.025/$1,000 | Family Plan
$.04/$1,000 |
| Less than age 70 | $20,000 | $0.50 | $0.80 |
| | $30,000 | 0.75 | 1.20 |
| | $40,000 | 1.00 | 1.60 |
| | $50,000 | 1.25 | 2.00 |
| | $60,000 | 1.50 | 2.40 |
| | $70,000 | 1.75 | 2.80 |
| | $80,000 | 2.00 | 3.20 |
| | $90,000 | 2.25 | 3.60 |
| | $100,000 | 2.50 | 4.00 |
| | $150,000 | 3.75 | 6.00 |
| | $200,000 | 5.00 | 8.00 |
| | $250,000 | 6.25 | 10.00 |
| | $300,000 | 7.50 | 12.00 |
| | $350,000 | 8.75 | 14.00 |
| | $400,000 | 10.00 | 16.00 |
| | $450,000 | 11.25 | 18.00 |
| | $500,000 | 12.50 | 20.00 |
| | $550,000 | 13.75 | 22.00 |
| | $600,000 | 15.00 | 24.00 |
| | $650,000 | 16.25 | 26.00 |
| | $700,000 | 17.50 | 28.00 |
| | $750,000 | 18.75 | 30.00 |
| | Benefit Amount Chosen | Benefit Amount Eligible for | Employee Only | Family Plan |
| Age 70 through 74 (90% benefit) | $100,000 (Example) | $90,000 | $2.25 | $3.60 |
| | Benefit Amount Chosen | Benefit Amount Eligible for | Employee Only | Family Plan |
| Age 75 through 79 (60% benefit) | $100,000 (Example) | $60,000 | $1.50 | $2.40 |
| | Benefit Amount Chosen | Benefit Amount Eligible for | Employee Only | Family Plan |
| Age 80+ (45% benefit) | $100,000 (Example) | $45,000 | $1.13 | $1.80 |
Principal Sums may be selected in increments of $10,000.00 to a maximum of
$750,000.00 (Minimum principal sum, $20,000.00.)
Note: Amounts in excess of $500,000.00 may not exceed 10 times annual
earnings. "Annual Earnings" means the basic, annual
wages you receive from the University Corporation for Atmospheric
Research, excluding commissions, overtime pay or bonuses.
Return to Voluntary AD&D page - Not yet available
Return to Summary Comparison Matrix page
Return to top
January 2009
|
