| Search UHR | |
What is your role at Rutgers University?
HR Toolkit
Jump To
|
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
- Three and one-half (3-½) times Final Compensation*
- Cost
- No cost to employee
- No cost to employee
- Changing Beneficiary
- Change anytime. Change in Beneficiary Form
- Change anytime. Change in Beneficiary Form
- 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
Retired Employees
- Coverage amount
- If 10 or more years of service at retirement, ½ times Final Compensation
- If 10 or more years of service at retirement, ½ times Final Compensation
- Cost
- No cost to retiree
- No cost to retiree
- Changing Beneficiary
- Change anytime. Change in Beneficiary Form
- Change anytime. Change in Beneficiary Form
- 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
| Resources To Help You | |
| Benefits Specialist | 732-932-3020, ext. 4077 |
| Life Insurance FAQs | |
