Coverage becomes effective from the first day of active employment following the date of appointment. Benefits received are taxable. The employee will cease to accrue vacation time when the waiting period for long term disability has been satisfied. Severance pay will be in accordance with Policy AD 9-19 . Participation - is a condition of employment.
Coverage becomes effective from the first day of active employment following appointment.
The brochure should be consulted for amounts regarding dismemberment. Participation - the basic insurance becomes effective on the first day of the month following receipt of the application card. The cost of the basic plan is paid for by the University. Additional units are paid through payroll deduction. The Benefit - To provide a lump sum benefit to the beneficiary.