Retired Employees - Supplemental Life Insurance
Life insurance pays your beneficiary in the event of your death.
As newly Retired employee of the State of California, you’re eligible to continue your Group term life insurance for yourself, spouse/domestic partner and child(ren). Please contact MetLife within 30 days of retirement to initiate continuation of your coverage in retirement.
As an existing Retired employee of the State of California, who has elected to continue your group term life into retirement, this page provides current plan information.
Life has changed, the need to protect your family hasn't
You can continue cost-effective life insurance coverage to protect those you care about most and the life you’re building for them today.
Benefits
Basic and Supplemental Life Insurance
Eligibility and Enrollment Details
Optional Accidental Death & Dismemberment
Complements your Supplemental Life Insurance with coverage for severe accidents or loss of life on or off the job.
MetLife Advantages℠
A comprehensive suite of valuable services for support, planning, and protection when you need it most.
As newly Retired employee of the State of California, you’re eligible to continue your Group term life insurance for yourself, spouse/domestic partner and child(ren). Please contact MetLife within 30 days of retirement to initiate continuation of your coverage in retirement.
As an existing Retired employee of the State of California, who has elected to continue your group term life into retirement, this page provides current plan information.
Optional Accidental Death & Dismemberment (OAD&D) insurance pays benefits if you suffer a covered accident that results in paralysis or the loss of a limb, speech, hearing or sight,
MetLife will review your information and evaluate your request for coverage based upon your answers to the health questions, MetLife’s underwriting rules, and other information you authorize us to review.
- Face‐to‐Face Will Preparation Services1
Additional plan features:
- Accelerated Benefits Option3
You can receive up to 80% of your Supplemental Life Insurance proceeds to a maximum of $250,000 in the event that you become terminally ill and are diagnosed with less than six (6) months to live.
I. Useful Links
II. Coverage Amounts & Rates
Coverage Amount
| Amount of Coverage Before Age 65 | Reduction at Age 65 | |
|---|---|---|
| Basic Life | $25,000 $50,000 |
50% |
| Basic Accidental Death & Dismemberment | An amount equal to the amount in effect on the day before the date you retire | 50% |
| Supplemental Life Insurance | An amount equal to the amount in effect on the day before the date you retire | 50% |
| Supplemental Accidental Death & Dismemberment | An amount equal to the amount in effect on the day before the date you retire | 50% |
| Dependent Life Spouse | An amount equal to the amount in effect on the day before the date you retire | Not Applicable |
| Dependent Life Child | An amount equal to the amount in effect on the day before the date you retire | Not Applicable |
- Cost is based on your age and the amount of coverage elected.
- Monthly administrative fee is $0.45 cents.
- Monthly cost for dependent child(ren) covers all eligible child(ren).
- Employee rate is inclusive of Accidental Death & Dismemberment Insurance.
Rates
| Basic Life Insurance | Amount of Coverage | Monthly remium |
|---|---|---|
| Supervisory: Under Age 65 | $25,000 | $41.25 |
| Supervisory: Over Age 65 | $12,500 | $20.63 |
| Management: Under Age 65 | $50,000 | $82.50 |
| Management: Over Age 65 | $25,000 | $41.25 |
Supplemental Life Insurance
The rates shown are the monthly cost per $1,000 of coverage.
| Age | Rate |
|---|---|
| Under 30 | $0.113 |
| 30 to 39 | $0.136 |
| 40 to 44 | $0.266 |
| 45 to 49 | $0.545 |
| 50 to 54 | $0.743 |
| 55 t0 59 | $1.015 |
| 60 to 64 | $1.288 |
| 65 to 69 | $2.524 |
| 70 to 74 | $3.825 |
| 75+ | $5.706 |
| Dependent Life Insurance | Amount of Coverage - Spouse/Domestic Partner | Amount of Coverage - Child | Monthly Premium |
|---|---|---|---|
| Under Age 65 | $7,500 | $7,500 | $2.31 |
| Under Age 65 | $15,000 | $7,500 | $4.84 |
| Under Age 65 | $25,000 | $7,500 | $7.73 |
| Under Age 65 | $50,000 | $7,500 | $15.44 |
| Over Age 65 | $7,500 | $7,500 | $9.06 |
| Over Age 65 | $15,000 | $7,500 | $18.14 |
| Over Age 65 | $25,000 | $7,500 | $30.23 |
| Over Age 65 | $50,000 | $7,500 | $60.44 |
Coverage Amount
| Amount of Coverage | Reduction at Age 65 and Age 70 | |
|---|---|---|
| Basic Life | Prior to age 65 an amount equal to the amount in effect on the day before the date | Age 65 - 50% Age 70 - 5k |
| Basic Accidental Death & Dismemberment | Prior to age 65 an amount equal to the amount in effect on the day before the date you retire | Age 65 - 50% Age 70 - 5k |
| Supplemental Life Insurance | Prior to age 65 an amount equal to the amount in effect on the day before the date you retire | Age 65 - 50% |
| Supplemental Accidental Death & Dismemberment | Prior to age 65 an amount equal to the amount in effect on the day before the date you retire | Age 65 - 50% |
| Dependent Life Spouse | An amount equal to the amount in effect on the day before the date you retire | Not Applicable |
| Dependent Life Child | An amount equal to the amount in effect on the day before the date you retire | Not Applicable |
- Cost is based on your age and the amount of coverage elected.
- Monthly administrative fee is $0.45 cents.
- Monthly cost for dependent child(ren) covers all eligible child(ren).
- Employee rate is inclusive of Accidental Death & Dismemberment Insurance.
Rates
| Basic Life Insurance | Amount of Coverage | Monthly Premium |
|---|---|---|
| Supervisory: Under Age 65 | $25,000 | $64.38 |
| Supervisory: Age 65 - 69 | $12,500 | $32.19 |
| Supervisory: Age 70 & over | $5,000 | $12.88 |
| Management: Under Age 65 | $50,000 | $128.75 |
| Management: Age 65 - 69 | $25,000 | $64.38 |
| Management: Age 70 & over | $5,000 | $12.88 |
Supplemental Life Insurance
The rates shown are the monthly cost per $1,000 of coverage.
| Age | Rate |
|---|---|
| Under 30 | $0.10 |
| 30 to 39 | $0.13 |
| 40 to 44 | $0.24 |
| 45 to 49 | $0.49 |
| 50 to 54 | $0.67 |
| 55 t0 59 | $0.92 |
| 60 to 64 | $1.16 |
| 65 to 69 | $2.28 |
| 70 to 74 | $3.45 |
| 75+ | $5.14 |
| Dependent Life Insurance | Amount of Coverage - Spouse/Domestic Partner | Amount of Coverage - Child | Monthly Premium |
|---|---|---|---|
| Under Age 65 | $7,500 | $7,500 | $2.31 |
| Under Age 65 | $15,000 | $7,500 | $4.84 |
| Under Age 65 | $25,000 | $7,500 | $7.73 |
| Under Age 65 | $50,000 | $7,500 | $15.44 |
| Over Age 65 | $7,500 | $7,500 | $9.06 |
| Over Age 65 | $15,000 | $7,500 | $18.14 |
| Over Age 65 | $25,000 | $7,500 | $30.23 |
| Over Age 65 | $50,000 | $7,500 | $60.44 |
III. Life Insurance FAQs
They’re an affordable way to protect your family and finances in the event something happens to you. For many people, they help ensure that if something unforeseen should happen, short and long term financial obligations could be met. If you have a spouse, partner and/or children, they may rely on you to help keep the household running. It’s important to take steps to make sure your family would be financially prepared if you were no longer there to handle expenses like:
- Mortgage or rent payments
- Insurance premiums
- Transportation
- Utilities
- Child care/education fees
- Credit card bills
Newly retired member coverage will go into effect upon receipt of your request to continue coverage, we will send you a bill asking for your first 3 months of premiums to be submitted by check, after which your premiums will be deducted from your monthly retirement check. Failure to submit payment will result in cancellation of your coverage with no further communication.
If you wish to continue active employee group term life coverage into retirement please complete the bottom portion of the letter that has been mailed to you. You can return the letter to us in the envelope provided or you can fax it to us at 1-859-825-6719 or call the Call Center at 800-252-8524, Monday-Friday, 8:00 a.m. - 4:30 p.m., PT (excluding holidays).
How much Life insurance should you have?
Protect what matters most
Take control of your life insurance coverage so you’ll have the right protection in place for you and your family at all times.
1 Will Preparation Services and Estate Resolution Services are offered by Hyatt Legal Plans, Inc., a MetLife company, Cleveland, Ohio. In certain states, Will Preparation Services and Estate Resolution Services are provided through insurance coverage underwritten by Metropolitan Property and Casualty Insurance Company and its affiliates, Warwick, RI. These services are provided at no additional cost to those who purchase Supplemental Life Insurance only. Certain services are not covered by Estate Resolution Services, including matters in which there is a conflict of interest between the executor and any beneficiary or heir and the estate; any disputes with the group policyholder, MetLife and/or any of its affiliates; any disputes involving statutory benefits; will contests or litigation outside probate court; appeals; court costs, filing fees, recording fees, transcripts, witness fees, expenses to a third party, judgments or fines; and frivolous or unethical matters.
2 Subject to state law, and/or group policyholder direction, the Total Control Account is provided for all Life and AD&D benefits of $5,000 or more. The TCA is not insured by the Federal Deposit Insurance Corporation or any government agency. The assets backing TCA are maintained in MetLife’s general account and are subject to MetLife’s creditors. MetLife bears the investment risk of the assets backing the TCA, and expects to earn income sufficient to pay interest to TCA Accountholders and to provide a profit on the operation of the TCAs.
3 The Accelerated Benefits Option is subject to state regulation and is intended to qualify for favorable federal income tax treatment, in which case the benefits will not be subject to federal income taxation. This information was written as a supplement to the marketing of life insurance products. Tax laws relating to accelerated benefits are complex and limitations may apply. You are advised to consult with and rely on an independent tax advisor about your own particular circumstances. Receipt of accelerated benefits may affect your eligibility, or that of your spouse or your family, for public assistance programs such as medical assistance (Medicaid), Temporary Assistance to Needy Families (TANF), Supplementary Social Security Income (SSI) and drug assistance programs. You are advised to consult with social service agencies concerning the effect that receipt of accelerated benefits will have on public assistance eligibility for you, your spouse or your family.
4 Grief Counseling and Funeral Planning services are provided through an agreement with Harris, Rothenberg International (HRI), Inc. HRI is not an affiliate of MetLife, and the services HRI provides are separate and apart from the insurance provided by MetLife. HRI has a nationwide network of over 35,000 counselors. Counselors have master’s or doctoral degrees and are licensed professionals. Subject to state regulatory approval, not approved in all states. The grief counseling program does not provide support for issues such as domestic issues, parenting issues, or marital/ relationship issues (other than a finalized divorce). For such issues, members should inquire with their human resources departments about available company resources. This program is available to insureds, their dependents and beneficiaries, who must have received a serious medical diagnosis or suffered a loss that has occurred, meaning, the diagnosis or loss must have taken place prior to accessing the grief counseling program. Events that may result in a loss are not covered under this program unless and until such loss has occurred.
This summary provides an overview of your plan’s benefits. These benefits are subject to the terms and conditions of the contract between MetLife and the State of California and are subject to each state’s laws and availability. Specific details regarding these provisions can be found in the booklet certificate.
Life coverage is provided under a group insurance policy (Policy Form GPNP99/G2130‐S) issued to your employer by MetLife. Life coverage under your employer’s plan terminates when your employment ceases, when your Life contributions cease, or upon termination of the group contract. Should your life insurance coverage terminate for reasons other than non‐payment of premium or voluntary cancellation, you may convert it to a MetLife individual permanent policy without providing medical evidence of insurability.
The cost of insurance varies depending upon the amount of coverage, your age and benefits selected. Additionally, cost will increase as you get older. Your current rates are guaranteed until the policy renewal date. At the renewal date, rates will be recalculated and may change. Rates will also change and can increase if you leave your employer and choose to continue your coverage.
Like most group insurance policies, insurance policies offered by MetLife contain certain exclusions, exceptions, waiting periods, reductions, limitations and terms for keeping them in force. Please contact your benefits administrator or your MetLife Group Representative for costs and complete details.