How the Plan Works

The Supplemental Death Benefit Plan will automatically provide your beneficiary with a lump sum payment equal to one-twelfth of your annual base salary in effect on the date of your death. The beneficiary of the Supplemental Death Benefit Plan is the beneficiary you have designated for the Basic Life Insurance Plan.

Cost

The University provides and pays the entire cost of the Supplemental Death Benefit Plan. You are not required to contribute anything for this coverage.

Tax Considerations

Under current laws, the Supplemental Death Benefit payment is taxable as income in the year received by the beneficiary.

Appealing a Denied Claim

If a claim for benefits under this plan is denied, your beneficiary has the right to appeal that decision to the Plan Administrator or to the University’s Committee on Employee Benefits.

Additional information about appealing a denial of benefits is included in the Administrative Information section of this site.