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The Group Term Life Insurance (GTLI) benefit is administered by the State Employees’ Assurance Department (SEAD) Boards. The GTLI benefit provides coverage to both active and retired members of ERS, LRS and certain JRS members. As of today, no new members can be added to the GTLI plan per legislation passed in 2008 and 2009.

For active members, ¼% contribution is deducted from each paycheck entitling them to life insurance coverage for that month. Coverage is equal to 18 times their monthly salary should they pass away while in active status. (Note: At age 60, benefits begin to reduce. Refer to the ERS Plan Handbook for more details.) The SEAD Board may at anytime cancel this coverage, change the benefit structure or reduce coverage.

If an active member terminates from employment and has 18 years of service, but is not eligible to retire, they may still continue GTLI coverage as long as monthly contributions are sent to ERS. As with the active members, coverage is equal to 18 times their monthly salary as long as the monthly contributions are received and the coverage is provided for that month.

For retirees, coverage continues under GTLI at a reduced level (70% of their age 60 level). Retirees are no longer required to contribute for this benefit and the benefit continues until payout at time of death.

Currently, Employers are not required to contribute to this program based on recent valuations by the Plan’s actuaries. However, this is analyzed each year and employers will be required to contribute should the valuation results deem it.


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