Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-08-19

@. What must an employee do
to participate in the program?
A. Nothing. Eligible employees
will be covered automatically
unless they state in writing that
they do not want to be covered
under the plan.
@. What about employees who
are insured under group insur-
! ance policies through their
unions or associations?
A. Employees can participate in
this program and continue the
insurance purchased throug h
unions and associations.
@. Are employees who retired
before the enactment of this
! program eligible?
| A. No.
@. When will coverage ter
inmate?
A. The insurance is discon-
tinNd on separation from serv-
ice or IL months after salary
stops. whichever occurs first.
However, the life insurance pro-
visions are continued if an en-
ploye retires under any Federal
retirement system on an imme-
diate annuity. either for disabil-
ity or after at least Is years of
civilian service.
Q. Then employees who quit
the Government will lose their
coyerage?
A. That is correct. However,
the life insurance will continue
in effect for 81 days during
which they have the right to
purchase an individual life in
surance policy at standard rates
from insurance companies APP
proved by the Government. No
medical examination will be re-
quired.
Q. What amount of insurance
will the employe who leaves the
Government be able to purchase
under this provision ?.
A. The same amount of his
coverage while employed by the
Government, or any lesser
amount.
@. Will this right of purchase
allow an employe to buy a pol
icy which will give him all the
benefits of his Government in
surance, such as double payment
for accidental death, payment
for accidental loss of limbs etc?
A. No. The right of purchase
will be for the life insurance
only, without double indemnity
or ACKNOWLEDGMENT protection.
Amount Of Insurance.
Q. For what amount will an
employe be insured?
A. At ages below IS years, the
insurance will be an amount that
approximates his annual salary
to the nearest upper thousand.
II he makes more than $4,000 a
year, he will be insured for
$4,000. If he makes more than
$4,000 a year, he will be insured
Tor $4,000, and so on. If
he, is IS years old or more,
the fac amount of his insurance
will be reduced by 2 per cent for
each month after his 65th birth
day anniversary until a reduce
ton of IS per cent is reached.
The remaining Is per cent will
stay in effect
@. Will an employee be able to
carry less insurance than the
amount to which he will be
entitled?
A. No, he must carry the full
amount or none.
@. Will the amount of insur-
ance to which an employee will
be entitled change with his an
nual rate of salary?
a. = NoS IL Vic SIldlISCS III IIlG
employees annual rate of salary
are sufficiently great. For ex-
ample, If an employee earns So, 200
when he enters the program, he
is entitled to $4,000 worth of
insurance. If his salary goes over
$4,000 but not beyond $4,000,
he will be entitled to $4,000
worth of insurance; if it drops
to $4,000 or below but not to
$4,000. he will be entitled to
$4,000 worth of insurance. The
changes in coverage and salary
deductions will become effective
in the pay period in which the
employees salary rate changes.
@. When will this insurance
be paid out to the employe or
his survivor(s)
A. Upon death of the employe.