Police and Fireman's Retirement System (PFRS) - Life Insurance Information

Active Employees

• Coverage Amount 

  Three and one-half (3-½) times Final Compensation*
    *total base salary upon which your contributions were based during the year preceding the employees death
  

• Cost

  No cost to employee
  

• Changing Beneficiary  

  Change anytime. Change in Beneficiary Form or online via MBOS
  

• Conversion

  Terminated employees may continue life insurance without a medical exam by purchasing a conversion life insurance policy through Prudential within 31 days of termination. You can call Pudential Life Insurance Conversion at 1-877-889-2070 or you can use their Life Insurance Conversion Calculator.

Retired Employees

• Coverage amount 

  If 10 or more years of service at retirement, ½ times Final Compensation
  

• Cost

  No cost to retiree
  

• Changing Beneficiary  

  Change anytime. Change in Beneficiary Form or online via MBOS
  

• Conversion

  Retirees may purchase a conversion life insurance policy through Prudential without a medical exam within 31 days of retirement to make up for insurance that has been reduced or eliminated

To submit a comment or to report any problems with this site, please email us. For questions about University Human Resources programs and services, please email our Operations Team.

© 2010 Rutgers, The State University of New Jersey. All rights reserved.

Last Updated: 02/23/2012