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[DOC File]THE FOLLOWING IS A LIST OF STATE EMPLOYEE BENEFITS
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Aug 09, 2007 · LIFE INSURANCE: Each employee is eligible to purchase Basic Group Life Insurance (AEtna). The amount of the insurance is based on your annual salary rounded to the next thousand. The cost to the employee is $.1828 per thousand per pay period if under age 55 and $.1934 per thousand per pay period for age 55 & older.
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[DOC File]TOOLS & TECHNIQUES OF LIFE INSURANCE PLANNING
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d. he can avoid a penalty tax if he uses the additional income to pay for health insurance Answer: A [p. 82 – If Johnson had retired and started distributions before age 55, the answer would be C, but since he separated from service after age 55, distributions from his employer’s plan are not subject to the 10% premature distribution penalty.
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[DOC File]Payroll Bulletin 2007-03 - Virginia
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Retiree is eligible for continued coverage under Group Life Insurance (at least 50 with 10 years of service or 55 with 5 years of service), and . Retiree’s final annual salary is greater than $25,000, and . Retiree retired during 2006. Amount of Insurance Coverage
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[DOC File]Payroll Bulletin #2013-11 - Virginia
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Employee is eligible for continued coverage under Group Life Insurance (at least 50 with 10 years of service or 55 with 5 years of service), and . Employee’s final annual salary is greater than $25,000, and . Employee terminated or retired during 2013 or earlier. Amount of Insurance Coverage
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[DOC File]Memo to Employees Regarding Conversion of Group Life …
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This coverage ceases [thirty-one] days after termination of employment. The Plan permits terminating employees the privilege of converting all or part of this insurance, without evidence of insurability, into any permanent plan of insurance (excludes term) that [Life Insurance Company] writes at time of conversion, subject to plan minimums.
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[DOC File]Voluntary Term Life Insurance Highlights for Employees of
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Voluntary Term Life Insurance Plan for Employees of. Wabash College PREMIUM TABLES. EMPLOYEE and SPOUSE. RATES: AGE BAND. Under 30. 30-34. 35-39. 40-44. 45-49. 50-54. 55-59. 60-64. 65-69. 70 or older* * Spouse must be under age 70 to be enrolled. Rates below are Monthly. Rates below are per unit of life insurance; a unit = $10,000. RATES $ 0.60 ...
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[DOC File]TOOLS & TECHNIQUES OF LIFE INSURANCE PLANNING
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14.10 Mandy Thomas, age 47, is the owner of The Golf Pro Shop. Mandy wants to retire at age 55. The company adopted a defined benefit plan 2 years ago, 3 years after the business opened. Mandy wants to increase the amount that she contributes to her own retirement. Mandy can . …
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To: District Employees with Optional Group Life
District Insurance Committee. Date: January 6, 2011. Re: NOTICE OF LIFE INSURANCE RATE CHANGE. In December, the District Insurance Committee was informed by the District’s life insurance carrier that rates were being increased as of February 1, 2011. After further negotiations to reduce the increase, the following rate changes were ...
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[DOC File]Welcome to the United Nations
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9.2 Participants who separate from service prior to the age of 55 receive one year’s free life insurance coverage, at the level of their coverage on the date of separation, for each completed 10 ...
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Life insurance after 55