| Optional Life Insurance Premium Rates |
|
|
|
 |
| Employee Optional Life Insurance Premium Rates |
|
|
|
Age >
|
Thru 24
|
25-29
|
30-34
|
35-39
|
40-44
|
45-49
|
50-54
|
55-59
|
60-64
|
65-69
|
70& up
|
Rate Per $10,000 >
|
$0.44
|
$0.52
|
$0.67
|
$0.74
|
$0.81
|
$1.26
|
$1.85
|
$3.48
|
$5.40
|
$10.36
|
$16.80
|
AMOUNT
|
|
|
|
|
|
|
|
|
|
|
|
$20,000
|
0.89
|
1.04
|
1.33
|
1.48
|
1.63
|
2.52
|
3.70
|
6.96
|
10.80
|
20.72
|
33.60
|
$40,000
|
1.78
|
2.07
|
2.66
|
2.96
|
3.26
|
5.03
|
7.40
|
13.91
|
21.61
|
41.44
|
67.19
|
$60,000
|
2.66
|
3.11
|
4.00
|
4.44
|
4.88
|
7.55
|
11.10
|
20.87
|
32.41
|
62.16
|
100.79
|
$80,000
|
3.55
|
4.14
|
5.33
|
5.92
|
6.51
|
10.06
|
14.80
|
27.82
|
43.22
|
82.88
|
134.38
|
$100,000
|
4.44
|
5.18
|
6.66
|
7.40
|
8.14
|
12.58
|
18.50
|
34.78
|
54.02
|
103.60
|
167.98
|
$120,000
|
5.33
|
6.22
|
7.99
|
8.88
|
9.77
|
15.10
|
22.20
|
41.74
|
64.82
|
124.32
|
201.58
|
$140,000
|
6.22
|
7.25
|
9.32
|
10.36
|
11.40
|
17.61
|
25.90
|
48.69
|
75.63
|
145.04
|
235.17
|
$160,000
|
7.10
|
8.29
|
10.66
|
11.84
|
13.02
|
20.13
|
29.60
|
55.65
|
86.43
|
165.76
|
268.77
|
$180,000
|
7.99
|
9.32
|
11.99
|
13.32
|
14.65
|
22.64
|
33.30
|
62.60
|
97.24
|
186.48
|
302.36
|
$200,000
|
8.88
|
10.36
|
13.32
|
14.80
|
16.28
|
25.16
|
37.00
|
69.56
|
108.04
|
207.20
|
335.96
|
$220,000
|
9.77
|
11.40
|
14.65
|
16.28
|
17.91
|
27.68
|
40.70
|
76.52
|
118.84
|
227.92
|
369.56
|
$240,000
|
10.66
|
12.43
|
15.98
|
17.76
|
19.54
|
30.19
|
44.40
|
83.47
|
129.65
|
248.64
|
403.15
|
$260,000
|
11.54
|
13.47
|
17.32
|
19.24
|
21.16
|
32.71
|
48.10
|
90.43
|
140.45
|
269.36
|
436.75
|
$280,000
|
12.43
|
14.50
|
18.65
|
20.72
|
22.79
|
35.22
|
51.80
|
97.38
|
151.26
|
290.08
|
470.34
|
$300,000
|
13.32
|
15.54
|
19.98
|
22.20
|
24.42
|
37.74
|
55.50
|
104.34
|
162.06
|
310.80
|
503.94
|
$320,000
|
14.21
|
16.58
|
21.31
|
23.68
|
26.05
|
40.26
|
59.20
|
111.30
|
172.86
|
331.52
|
537.54
|
$340,000
|
15.10
|
17.61
|
22.64
|
25.16
|
27.68
|
42.77
|
62.90
|
118.25
|
183.67
|
352.24
|
571.13
|
$360,000
|
15.98
|
18.65
|
23.98
|
26.64
|
29.30
|
45.29
|
66.60
|
125.21
|
194.47
|
372.96
|
604.73
|
$380,000
|
16.87
|
19.68
|
25.31
|
28.12
|
30.93
|
47.80
|
70.30
|
132.16
|
205.28
|
393.68
|
638.32
|
$400,000
|
17.76
|
20.72
|
26.64
|
29.60
|
32.56
|
50.32
|
74.00
|
139.12
|
216.08
|
414.40
|
671.92
|
$420,000
|
18.65
|
21.76
|
27.97
|
31.08
|
34.19
|
52.84
|
77.70
|
146.08
|
226.88
|
435.12
|
705.52
|
$440,000
|
19.54
|
22.79
|
29.30
|
32.56
|
35.82
|
55.35
|
81.40
|
153.03
|
237.69
|
455.84
|
739.11
|
$460,000
|
20.42
|
23.83
|
30.64
|
34.04
|
37.44
|
57.87
|
85.10
|
159.99
|
248.49
|
476.56
|
772.71
|
$480,000
|
21.31
|
24.86
|
31.97
|
35.52
|
39.07
|
60.38
|
88.80
|
166.94
|
259.30
|
497.28
|
806.30
|
$500,000
|
22.20
|
25.90
|
33.30
|
37.00
|
40.70
|
62.90
|
92.50
|
173.90
|
270.10
|
518.00
|
839.90
|
$520,000
|
23.09
|
26.94
|
34.63
|
38.48
|
42.33
|
65.42
|
96.20
|
180.86
|
280.90
|
538.72
|
873.50
|
$540,000
|
23.98
|
27.97
|
35.96
|
39.96
|
43.96
|
67.93
|
99.90
|
187.81
|
291.71
|
559.44
|
907.09
|
$560,000
|
24.86
|
29.01
|
37.30
|
41.44
|
45.58
|
70.45
|
103.60
|
194.77
|
302.51
|
580.16
|
940.69
|
$580,000
|
25.75
|
30.04
|
38.63
|
42.92
|
47.21
|
72.96
|
107.30
|
201.72
|
313.32
|
600.88
|
974.28
|
$600,000
|
26.64
|
31.08
|
39.96
|
44.40
|
48.84
|
75.48
|
111.00
|
208.68
|
324.12
|
621.60
|
1007.88
|
|
|
|
| Spouse or Domestic Partner Life Insurance Premium Rates |
|
|
|
Age >
|
Thru 24
|
25-29
|
30-34
|
35-39
|
40-44
|
45-49
|
50-54
|
55-59
|
60-64
|
65-69
|
70& up
|
Rate Per $10,000 >
|
$0.44
|
$0.52
|
$0.67
|
$0.74
|
$0.81
|
$1.26
|
$1.85
|
$3.48
|
$5.40
|
$10.36
|
$16.80
|
AMOUNT
|
|
|
|
|
|
|
|
|
|
|
|
$20,000
|
0.89
|
1.04
|
1.33
|
1.48
|
1.63
|
2.52
|
3.70
|
6.96
|
10.80
|
20.72
|
33.60
|
$40,000
|
1.78
|
2.07
|
2.66
|
2.96
|
3.26
|
5.03
|
7.40
|
13.91
|
21.61
|
41.44
|
67.19
|
$60,000
|
2.66
|
3.11
|
4.00
|
4.44
|
4.88
|
7.55
|
11.10
|
20.87
|
32.41
|
62.16
|
100.79
|
$80,000
|
3.55
|
4.14
|
5.33
|
5.92
|
6.51
|
10.06
|
14.80
|
27.82
|
43.22
|
82.88
|
134.38
|
$100,000
|
4.44
|
5.18
|
6.66
|
7.40
|
8.14
|
12.58
|
18.50
|
34.78
|
54.02
|
103.60
|
167.98
|
$120,000
|
5.33
|
6.22
|
7.99
|
8.88
|
9.77
|
15.10
|
22.20
|
41.74
|
64.82
|
124.32
|
201.58
|
$140,000
|
6.22
|
7.25
|
9.32
|
10.36
|
11.40
|
17.61
|
25.90
|
48.69
|
75.63
|
145.04
|
235.17
|
$160,000
|
7.10
|
8.29
|
10.66
|
11.84
|
13.02
|
20.13
|
29.60
|
55.65
|
86.43
|
165.76
|
268.77
|
$180,000
|
7.99
|
9.32
|
11.99
|
13.32
|
14.65
|
22.64
|
33.30
|
62.60
|
97.24
|
186.48
|
302.36
|
$200,000
|
8.88
|
10.36
|
13.32
|
14.80
|
16.28
|
25.16
|
37.00
|
69.56
|
108.04
|
207.20
|
335.96
|
$220,000
|
9.77
|
11.40
|
14.65
|
16.28
|
17.91
|
27.68
|
40.70
|
76.52
|
118.84
|
227.92
|
369.56
|
$240,000
|
10.66
|
12.43
|
15.98
|
17.76
|
19.54
|
30.19
|
44.40
|
83.47
|
129.65
|
248.64
|
403.15
|
$260,000
|
11.54
|
13.47
|
17.32
|
19.24
|
21.16
|
32.71
|
48.10
|
90.43
|
140.45
|
269.36
|
436.75
|
$280,000
|
12.43
|
14.50
|
18.65
|
20.72
|
22.79
|
35.22
|
51.80
|
97.38
|
151.26
|
290.08
|
470.34
|
$300,000
|
13.32
|
15.54
|
19.98
|
22.20
|
24.42
|
37.74
|
55.50
|
104.34
|
162.06
|
310.80
|
503.94
|
$320,000
|
14.21
|
16.58
|
21.31
|
23.68
|
26.05
|
40.26
|
59.20
|
111.30
|
172.86
|
331.52
|
537.54
|
$340,000
|
15.10
|
17.61
|
22.64
|
25.16
|
27.68
|
42.77
|
62.90
|
118.25
|
183.67
|
352.24
|
571.13
|
$360,000
|
15.98
|
18.65
|
23.98
|
26.64
|
29.30
|
45.29
|
66.60
|
125.21
|
194.47
|
372.96
|
604.73
|
$380,000
|
16.87
|
19.68
|
25.31
|
28.12
|
30.93
|
47.80
|
70.30
|
132.16
|
205.28
|
393.68
|
638.32
|
$400,000
|
17.76
|
20.72
|
26.64
|
29.60
|
32.56
|
50.32
|
74.00
|
139.12
|
216.08
|
414.40
|
671.92
|
|
|
|
| Retiree Life Insurance Premium Rates |
|
You may enroll in continuation coverage within 60 days after your retirement date. You may enroll in conversion coverage within 60 days of the date your coverage ends. Generally, you may enroll for up to 50 percent of the amount of life insurance coverage you had on the day before your retirement date.
The benefit amount will decrease by percentages as you age, beginning at age 65, with coverage decreasing by 35% at age 65, by 50% at age 75 and by 65% at age 75.
If you are retiring and your spouse or domestic partner is also a state employee, you can roll over your current optional life insurance coverage premium to the other employee's payroll deduction.
To enroll in conversion or continuation coverage, you must complete the Retiree Life Insurance Application and submit it directly to the insurance carrier.
Retiree Life Insurance Monthly Premium Rates
|
Age>
|
Thru 49
|
50-54
|
55-59
|
60-64
|
65-69
|
70-74
|
75-79
|
80-84
|
85 plus
|
Amount
|
|
|
|
|
|
|
|
|
|
$10,000
|
$2.70
|
$4.05
|
$4.95
|
$6.75
|
$13.50
|
$22.50
|
$33.75
|
$51.30
|
$73.80
|
20,000
|
5.40
|
8.10
|
9.90
|
13.50
|
27.00
|
45.00
|
67.50
|
102.60
|
147.60
|
30,000
|
8.10
|
12.15
|
14.85
|
20.25
|
40.50
|
67.50
|
101.25
|
153.90
|
221.40
|
40,000
|
10.80
|
16.20
|
19.80
|
27.00
|
54.00
|
90.00
|
135.00
|
205.20
|
295.20
|
50,000
|
13.50
|
20.25
|
24.75
|
33.75
|
67.50
|
112.50
|
168.75
|
256.50
|
369.00
|
60,000
|
16.20
|
24.30
|
29.70
|
40.50
|
81.00
|
135.00
|
202.50
|
307.80
|
442.80
|
70,000
|
18.90
|
28.35
|
34.65
|
47.25
|
94.50
|
157.50
|
236.25
|
359.10
|
516.60
|
80,000
|
21.60
|
32.40
|
39.60
|
54.00
|
108.00
|
180.00
|
270.00
|
410.40
|
590.40
|
90,000
|
24.30
|
36.45
|
44.55
|
60.75
|
121.50
|
202.50
|
303.75
|
461.70
|
664.20
|
100,000
|
27.00
|
40.50
|
49.50
|
67.50
|
135.00
|
225.00
|
337.50
|
513.00
|
738.00
|
110,000
|
29.70
|
44.55
|
54.45
|
74.25
|
148.50
|
247.50
|
371.25
|
564.30
|
811.80
|
120,000
|
32.40
|
48.60
|
59.40
|
81.00
|
162.00
|
270.00
|
405.00
|
615.60
|
885.60
|
130,000
|
35.10
|
52.65
|
64.35
|
87.75
|
175.50
|
292.50
|
438.75
|
666.90
|
959.40
|
140,000
|
37.80
|
56.70
|
69.30
|
94.50
|
189.00
|
315.00
|
472.50
|
718.20
|
1033.20
|
150,000
|
40.50
|
60.75
|
74.25
|
101.25
|
202.50
|
337.50
|
506.25
|
769.50
|
1107.00
|
160,000
|
43.20
|
64.80
|
79.20
|
108.00
|
216.00
|
360.00
|
540.00
|
820.80
|
1180.80
|
170,000
|
45.90
|
68.85
|
84.15
|
114.75
|
229.50
|
382.50
|
573.75
|
872.10
|
1254.60
|
180,000
|
48.60
|
72.90
|
89.10
|
121.50
|
243.00
|
405.00
|
607.50
|
923.40
|
1328.40
|
190,000
|
51.30
|
76.95
|
94.05
|
128.25
|
256.50
|
427.50
|
641.25
|
974.70
|
1402.20
|
200,000
|
54.00
|
81.00
|
99.00
|
135.00
|
270.00
|
450.00
|
675.00
|
1026.00
|
1476.00
|
|
|
|
| Contact the plan |
|
Contact The Standard Insurance at: (800) 625-8600, or visit their web site.
|
|
| |
|
|
