Basic Life Insurance
- The basic life insurance plan is administered by MetLife
- Life insurance is provided at NO COST to the employee
- Coverage is effective the date of hire
- Coverage is two (2) times the annual salary rounded up to the nearest one thousand
- To add or delete beneficiaries, log on to Benefitfocus
- Life insurance is also provided by the Maryland State Retirement System (see Retirement Plan)
Supplemental Life Insurance Plans
- The PGCPS Supplemental Life plans are administered by MetLife
- Voluntary plan whereby employees must enroll within 35 days from date of hire or during Open Enrollment using Benefitfocus
- Supplemental Life Insurance is available to employees and their dependents (spouse & child(ren))
- Employee coverage amounts are in increments of $50,000 to a maximum of $1,000,000 not to exceed 5 times annual salary
- Dependent Spouse coverage amounts are in increments of $5,000 to a maximum of $50,000
- Dependent Child coverage amounts are in increments of $2,000 to a maximum of $10,000
- Employees who enroll into the Spouse and/or Dependent Child(ren) Life plans must enroll in the Employee Optional Life plan.
- Premiums are deducted on an after-tax basis
Long Term Disability Insurance
- The PGCPS Long Term Disability plan is administered by MetLife
- Voluntary plan whereby employees must enroll within 35 days from date of hire using Benefitfocus
- The plan provides income protection up to 60% of your monthly salary to a maximum of $5,000
- Benefits are paid for as long as you remain disabled, or until you reach your Social Security Normal Retirement Age (as stated in the 1983 revision of the United States Social Security Act), whichever is sooner. If your disability occurs at age 63 or above, your payments may be reduced.
- Waiting period; 180 days and/or exhaustion of Sick Leave Bank benefits
- Premiums are deducted on an after-tax basis
About the Plans
To learn more about PGCPS basic and supplemental life plans offered by MetLife (eg. summary of coverage, life certificates, cost) visit the MetLife microsite at https://www.metlife.com/pgcps/
