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Life Insurance and ADD (Prudential) - New York University - nyu

Life Insurance and ADD (Prudential) - New York University - nyu 2025

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The document outlines the Employee Term Life Coverage for retired employees of New York University, detailing eligibility, benefits, and procedures related to the insurance policy. It includes specific information for residents of Florida and Indiana, a foreword emphasizing the importance of the booklet, a schedule of benefits based on retirement dates, and guidelines for claims and beneficiary designations. The document also highlights state-specific requirements and provides contact information for Prudential Insurance Company.

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What benefits do NYC employees get?

Your Benefits Generous Pension Plans (The New York Employees Retirement System) Health Benefits. Dental and Vision Coverage. Prescription Drug Program. 401(k) and 457(k) Retirement Savings Programs. U.S. Savings Bonds. Flexible Spending Program. Training and Professional Development.

Do NYC employees get life insurance?

Group supplemental health benefits from New York Life can help fill the void by giving members a flexible way to help pay for health-related servicesor other daily living coststhat might not be covered by their workplace plan.

Does Prudential offer life insurance?

If youre applying for life insurance on your own, you can typically sign up anytime throughout the year. But if youre enrolling through your employer, open enrollment is typically in October and November.

Do NYS employees have life insurance?

Ordinary Death Benefit Up to $50,000 of this benefit is paid in the form of group term life insurance, which is exempt from federal income tax. Your accumulated contributions (if any) are also payable to your beneficiary.

Do NYC employees have life insurance?

Basic Life Insurance coverage is provided at no cost to members. Dependents are not eligible to receive this benefit. Active employees under age 65 are covered for 1 times (1X) annual salary, subject to a coverage amount minimum of $15,000 and maximum of $50,000.