Life Insurance, Optional Life Insurance, Long Term Disability
| Core | One time base salary to maximum of $50,000 Salaries are rounded up to the next higher multiple of $1,000 Premium is paid by Duquesne University |
Optional Supplemental Term Life Insurance |
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| Additional | 1/2, 1, 2, 3, 4, or 5 times salary |
| Maximum | $500,000 |
| MEI | Medical Evidence of Insurability Required if amount is over $300,000 or increasing a level. |
| Imputed Income | IRS requires that the cost of employer sponsored term insurance in excess of $50,000 be treated as imputed income. This amount is shown on your pay stub and will be reported to the IRS on your W-2 form. Contact the Payroll Department at 412.396.6579 to determine the taxable value of your term life insurance over $50,000. |
Optional Dependent Life Insurance |
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| Options Include | $5,000 for spouse /$2,000 per child $10,000 for spouse/$5,000 per child |
Optional Accidental Death and Dismemberment |
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| Selections | $10,000 to $250,000 Employee Only or Employee/Spouse at 50% and Children at 15% |
| Benefits—Accidental | Loss of life, both hands, feet, eyes 100% of coverage level Loss of one hand, one foot, one eye 50% of coverage level |
Long Term Disability |
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| Long Term Disability replaces a portion of your income if illness or accident prevents you from working for an extended period of time. | |
| Core | 50% of base salary Maximum of $2,000 per month Premium is paid by Duquesne University |
| Buy Up Option 1 | 60% of base salary Maximum of $5,000 per month |
| Buy Up Option 2 | Lesser of 60% of base salary to $10,000 per month or 70% less deductible sources of income |
Employee is responsible for applying for LTD benefits. LTD claim forms are available from the Disability Claims Manager.