The CSU offers employer-paid basic term Life and Accidental Death and Dismemberment (AD&D) Insurance to eligible employees. This insurance is underwritten by Standard Insurance Company. The amount of coverage varies based on employee category
|Employee Category||Policy Class Number||Basic Term Life Coverage||AD&D Coverage|
|Executive (M98)||Class 1||$250,000||$250,000|
|Management (M80)||Class 2||$100,000||$100,000|
|Confidential (C99)||Class 3||$50,000||$50,000|
|Faculty (R03)||Class 4||$50,000||$50,000|
|Teaching Associates Only (R11)||Class 5||$50,000||$0|
|Academic Professionals (R04)||Class 6||$25,000||$25,000|
|Public Safety (R08)||Class 7||$10,000||$10,000|
|CSUEU (R02, 05, 07, 09)||Class 8||$10,000||$10,000|
|Physicians (R01)||Class 9||$25,000||$25,000|
The Standard's basic term life and AD&D insurance plan contains a number of enhanced coverage features including:
The CSU offers employee-paid voluntary life insurance through the Standard Life Insurance Company to all eligible employees. Employees may purchase protection for themselves and eligible family members including spouse/domestic partner and dependent children:
New employees qualify for the Guarantee Issue amount if the application is submitted within 60 days of employment. Under the Guarantee Issue provision, employees may apply (without answering medical questions) for coverage up to:
Amounts in excess of the Guarantee Issue, may be selected, however, evidence of insurability is required.
Medex Travel Assist is the newest feature of the CSU basic term life insurance coverage. It was designed to provide important resources, including pre-travel assistance, arrangement of medical and/or legal care while traveling, and evaluation services. Additional details of this benefit are outlined in the Medex Travel Assist brochure.
The benefits payable depend on a number of factors such as the member's age, years of service, eligible beneficiary, and whether or not the employee was eligible to retire at the time of death (age 50 with at least five years of service credit).
Death Benefits for employees not eligible to retire (under age 50 or age 50 with less than five (5) years of CalPERS service credit are:
Death Benefits for employees Eligible to retire are:
CalPERS will send information and the necessary forms shortly after a death is reported. The information on the completed forms serves as the formal application to receive payable death or survivor benefits.
When a person who has worked and paid Social Security taxes dies, certain members of the family may be eligible for survivors' benefits. Up to 10 years of work is needed to be eligible for benefits, depending on the person's age at the time of death.
Social Security Survivor Benefits can be paid to: