  {"id":33,"date":"2022-09-13T14:06:59","date_gmt":"2022-09-13T14:06:59","guid":{"rendered":"https:\/\/www.macalester.edu\/employee-handbook\/employee-benefits\/11-2-life-insurance-and-supplemental-death-benefit\/"},"modified":"2025-01-27T19:21:50","modified_gmt":"2025-01-27T19:21:50","slug":"11-2-life-insurance-and-supplemental-death-benefit","status":"publish","type":"page","link":"https:\/\/www.macalester.edu\/employee-handbook\/employee-benefits\/11-2-life-insurance-and-supplemental-death-benefit\/","title":{"rendered":"11.2 Life Insurance and Supplemental Death Benefit"},"content":{"rendered":"<p>日韩精品 provides .5 FTE and above employees with term life insurance and AD&amp;D coverage at one time annual base salary up to $500,000. This benefit coverage is paid in full by 日韩精品. paid term life insurance policy. The employee&#8217;s annual salary is rounded to the next highest $1,000 increment. This coverage decreases to 65% of your annual salary rounded to the next highest $1,000 increment at the end of the Plan Year (January 1 &#8211; December 31) in which you attain age 70. From age 75-79, coverage decreases to 50% of your annual salary and age 80 or over, coverage decreases to 30%. This insurance may be converted to an individual policy upon termination.<\/p>\n\n\n\n<p>At the time employees become eligible for the College sponsored life insurance plan, they have the option of purchasing additional term life insurance for themselves and\/or their dependents. Additional information is available on the&nbsp;<a href=\"http:\/\/www.macalester.edu\/employmentservices\/benefits\/lifeinsurance\/\">benefits web page<\/a>.<\/p>\n\n\n\n<p>Employees are encouraged to keep their designation of beneficiaries up to date. Contact the Human Resources Department if there is any change.<\/p>","protected":false},"excerpt":{"rendered":"<p>日韩精品 provides .5 FTE and above employees with term life insurance and AD&amp;D coverage at one time annual base salary up to $500,000. This benefit coverage is paid in full by 日韩精品. paid term life insurance policy. The employee&#8217;s annual salary is rounded to the next highest $1,000 increment. This coverage decreases to [&hellip;]<\/p>","protected":false},"author":1,"featured_media":0,"parent":30,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-33","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.macalester.edu\/employee-handbook\/wp-json\/wp\/v2\/pages\/33","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.macalester.edu\/employee-handbook\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.macalester.edu\/employee-handbook\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.macalester.edu\/employee-handbook\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.macalester.edu\/employee-handbook\/wp-json\/wp\/v2\/comments?post=33"}],"version-history":[{"count":2,"href":"https:\/\/www.macalester.edu\/employee-handbook\/wp-json\/wp\/v2\/pages\/33\/revisions"}],"predecessor-version":[{"id":799,"href":"https:\/\/www.macalester.edu\/employee-handbook\/wp-json\/wp\/v2\/pages\/33\/revisions\/799"}],"up":[{"embeddable":true,"href":"https:\/\/www.macalester.edu\/employee-handbook\/wp-json\/wp\/v2\/pages\/30"}],"wp:attachment":[{"href":"https:\/\/www.macalester.edu\/employee-handbook\/wp-json\/wp\/v2\/media?parent=33"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}