Optional Life Insurance Benefits Page 1 of 2
Amount of Employee Coverage
| VRS (State/Teachers) | One, two, three or four times annual salary, up to maximum of $600,000 coverage. |
| VRS (Political Subdivision) | Same |
| SPORS/VaLORS/LEOS | Same |
| JRS | Same |
Amount of Family Coverage (four options available depending on employee coverage)
| VRS (State/Teachers) | .5 X employee salary (spouse) / $10,000 (child).
1 X employee salary (spouse) / $10,000 (child) 1.5 X employee salary (spouse) / $20,000 (child) 2 X employee salary (spouse) / $30,000 (child) |
| VRS (Political Subdivision) | Same |
| SPORS/VaLORS/LEOS | Same |
| JRS | Same |
Amount of Children Only Coverage
| VRS (State/Teachers) | Maximum of $10,000, $20,000 or $30,000 (depending on amount of employee coverage purchased). Two covered employees may not add spouse coverage, and only one may add child coverage. |
| VRS (Political Subdivision) | Same |
| SPORS/VaLORS/LEOS | Same |
| JRS | Same |
Evidence of Insurability Required
| VRS (State/Teachers) | Employee - no (for amounts up to $300,000 if enrolled within first 31 days of employment). Spouse - yes (for option two, three, and four); no (for option 1) if enrolled employee adds spouse coverage within 31 days of marriage or date of employment of member. Children - no (if employee adds child: within 31 days of employment, within 31 days of birth or adoption or if employee adds child who was previously covered by another employee). |
| VRS (Political Subdivision) | Same |
| SPORS/VaLORS/LEOS | Same |
| JRS | Same |
Premiums
| VRS (State/Teachers) | Total premium paid by employee. |
| VRS (Political Subdivision) | Same |
| SPORS/VaLORS/LEOS | Same |
| JRS | Same |
© 2010, Commonwealth of Virginia
Rev. 26-Feb-2010
