|
| |
Term Life
(Board's Contribution at 50%)
- Base amount of $2,000 or $2,000 plus supplementary coverage (to an additional
$25,000).
- Employee pays .31 cents per month per $1,000 of coverage on a 12-month basis.
In no case shall the District participation in the premiums cost less than
approximately one half (1/2) of such premium cost.
- Upon normal retirement, the basic coverage ($2,000) is continued without cost to the retired
employee.
- After 90 days of employment, physical examination is required prior to acceptance.
|
Base Salary |
Amount |
| under $1,500.00 |
$3,438 |
| $1,500 to $2,999.99 |
$5,000 |
| $3,000 to $3,999.99 |
$7,500 |
| $4,000 to $4,999.99 |
$8,750 |
| $5,000 to $5,999.99 |
$10,000 |
| $6,000 to $6,999.99 |
$11,250 |
| $7,000 to $7,999.99 |
$12,500 |
| $8,000 to $8,999.99 |
$13,750 |
| $9,000 to $9,999.99 |
$15,000 |
| $10,000 to $10,999.99 |
$16,250 |
| $11,000 to $11,999.99 |
$17,500 |
| $12,000 to $12,999.99 |
$18,750 |
| $13,000 to $13,999.99 |
$20,000 |
| $14,000 to $14,999.99 |
$21,250 |
| $15,000 to $15,999.99 |
$22,500 |
| $16,000 to $16,999.99 |
$23,750 |
| $17,000 and over |
$25,000 |
|
