The State of Connecticut shares the cost of this group term insurance. If you enroll during your first six months of employment, coverage is guaranteed. You will be required to prove insurability to enroll after that. Your insurance coverage will begin on the first day of the month following one year of continuous service. The Connecticut State University System pays the full cost of this insurance.
Benefits begin after six months of continuous disability.
The monthly annuity premium benefit makes contributions to a TIAA-CREF retirement annuity as long as you are receiving disability benefits. Under this benefit, you will continue to build assets year after year and protect your retirement income as well. Since TIAA does not include Social Security increases in their calculations, the annual benefit increase gives you an edge over inflation. The survivor income benefit - if you die after being disabled for 12 months or longer, TIAA will pay the last monthly income benefit, multiplied by three, to your surviving dependent. The plan defines your surviving dependent as either your spouse or an unmarried dependent child less than 19 years of age or less than 23 years of age if the child is a full-time student.