Human Resource Administration

80 Lower College Road, Kingston, RI 02881

urihr@ucs.uri.edu – 401.874.2416 - 401.874.5741 (fax)

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Group Life Insurance Benefits


Employees of the State of Rhode Island
Rates Effective October 29, 2006


Basic Life Insurance and Accidental Death and Dismemberment Insurance (AD&D)

The premium rate for basic life insurance is based on your age and contract salary.

See examples below for an employee whose contract salary is $30,000.

Employees up to age 54 will pay:

A 26 pay period employee will pay:
$30,000 x .1828 = $5.48 per pay period x 26 = $142.58/yr

A 20 pay period employee will pay:
$30,000 x .2376 = $7.13 per pay period x 20 = $142.60/yr

Employees age 55 and above pay:

A 26 pay period employee will pay:
$30,000 x .1934 = $5.80 per pay period x 26 = $150.85/yr

A 20 pay period employee will pay:
$30,000 x .02514 = $7.54 per pay period x 20 = $150.84/yr


Supplemental
(Optional) Life Insurance

find your age group and multiply rate by your contract salarythis premium payment is in addition to the premium you pay for the Basic coverage

Example: 
You are 33, and you work 26 pay periods per year, your contract salary is
$30,000 x .03740 = $1.12 per pay period = $29.12 a year

You are 33, and you work 20 pay periods per year, your contract
salary is $30,000 x .04860 = $1.458 per pay period = $29.16 a year

26 payments

20 payments

under 30 $.02490 under 30 $.03240
30-34 $.03740 30-34 $.04860
35-39 $.03740 35-39 $.04860
40-44 $.05030 40-44 $.06540
45-49 $.08310 45-49 $.10800
50-54 $.13660 50-54 $.17760
55-59 $.25620 55-59 $.33300
60-64 $.39740 60-64 $.51660
65 $.61290 65 $.79680
66 $.61290 66 $.79680
67 $.61290 67 $.79680
68 $.61290 68 $.79680
69 $.61290 69 $.79680
70-74 $1.03250 70-74 $1.34220
75-79 $1.63750 75-79 $2.12880
80-84 $2.30260 80-84 $2.99340
85-89 $2.30260 85-89 $2.99340
90-94 $2.30260 90-94 $2.99340
95-100 $2.30260 95-100 $2.99340

Maximum amount of insurance available:
Basic: 1 x your salary to $150,000
Supplemental/Optional:  1 x your salary to $150,000
Monthly Rate Actives: includes $0.017 Accidental Death and Dismemberment per $1,000


Contact The Aetna Life Insurance
Company at 1-800-523-5065 if you have any questions.

 State of Rhode Island
October 2006

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