Laserfiche WebLink
N.A.C.D. LIFE INSURANCE PLAN - No. 6 <br />DESIGNED ESPECIALLY FOR H.U.D. LOCAL AGENCIES <br />THE PREMIM IS EXACTLY 1.0`n' OF SALARY <br />The Agency contributes. 1/2 of 1.00 of salary <br />Th <br />e Employee contributes 1/2 of 1.0,0 of salary <br />r <br />• <br />• <br />46 <br />HERE IS WHAT YOU -GET FOR 1.0% OF SALARY <br />I. <br />N.A.C.D. LIFE INSURANCE PLAN - No. 6 <br />DESIGNED ESPECIALLY FOR H.U.D. LOCAL AGENCIES <br />THE PREMIM IS EXACTLY 1.0`n' OF SALARY <br />The Agency contributes. 1/2 of 1.00 of salary <br />Th <br />e Employee contributes 1/2 of 1.0,0 of salary <br />HERE IS WHAT YOU -GET FOR 1.0% OF SALARY <br />I. <br />Life Insurance according to schedule below <br />- PLUS - <br />24 Hour Accidental death and dismemberment <br />- PLUS - c <br />111. <br />Dependents Life Insurance according to schedule belowi <br />- PLUS - <br />. Waiver of premium for employees below age 60 % <br />HERE ARE THE SCHEDULES: <br />I. <br />Life <br />Insurance* <br />EEp123reels <br />&e Amount of Life Insurance <br />Less <br />than age 45 150% of employee "s <br />annual salary <br />Age 1.5 <br />but. less than age 55 1000 of employee's <br />annual salary <br />Age 55 <br />but less than' age 65 50% of employeets- <br />annual salary <br />Age 65 <br />and over 20% of employee's <br />annual salary <br />Pre <br />`um rate included in'1 %_of salary. <br />II. <br />24 Hour <br />Accidental Death and Dismemberment Insurance* <br />to eels A e Amount of A.D.&D. Insurance <br />` <br />Less <br />than age 45 150% of employee's <br />annual salary <br />Age 1.5 <br />but less than age 55 100% of employeets <br />annual. salary <br />Age <br />5 but less than age 65 50% of'employeets <br />annual salary <br />Age 65 <br />and over 20% of employee's <br />annual salary . <br />Prem <br />um rate included in'l% of salary.. <br />III. <br />Dene <br />dents Life Insurance <br />For husband <br />or wife <br />$1,000.00 <br />For each <br />dependent., unmarried child below age 19 <br />(or <br />below age 21 if a full -time 'student) <br />14 days <br />but less than 6 months <br />100.00 <br />6 months <br />but less than 2 years <br />2-years <br />but less than 3 years <br />.200.00 <br />100.00 <br />3 years <br />but loss than 4'years <br />600.00 <br />4 years <br />but less than 5 years <br />800.00 <br />5 years <br />or more while, eligible <br />1,$000.00 <br />IV. <br />Premium <br />Waiver <br />rate included in 1% of salary. <br />of Premium while disabled below age 60 according to the Contract. <br />Premium <br />rate-'included in 1% of salary. <br />*Maid <br />mum <br />ount: $40,000.00 <br />