2024 Employee Benefit Guide - Salaried - Yeled 11.3.23

BENEFIT

Who’s Eligible?

All regular full-time employees working at least 20 hours per week

Life Benefit Amount

Flat $10,000

AD&D Benefit Amount

Flat $10,000

Reduces to 65% of original amount at age 70 Reduces to 50% of original amount at age 75

Reduction of Benefits Schedule*

Accelerated Life Benefit

50% of benefit amount

Seatbelt(s) Benefit

10% of benefit amount

5% of benefit amount

Air Bag Benefit

Available

Portability

Available

Conversion

*Note: Automatic reduction of benefit occurs at end of year after attained age

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For additional plan information, please refer to your detailed plan design provided by the carrier. In the event of a discrepancy, the carrier Plan Document shall prevail.