Address:
900 E. Broad St., Suite 902
Richmond, VA
23219 USA
Fax: 804-646-6856
Group Life Insurance
Full time permanent employees are covered for twice their annual salary rounded to the higher thousand dollars. In the event of accidental death, coverage is for four times the employee's annual salary. In the event of dismemberment as defined in the policy, coverage is an amount equal to the annual salary. This plan is mandatory and the city pays a portion of the cost. Deductions are processed on an after tax basis the second pay period of each month. The plan is administered by the Virginia Retirement System (VRS) and underwritten by the Minnesota Life Insurance Company.
Employees with basic group life insurance coverage are also eligible to purchase additional life insurance coverage for themselves, their spouse, and dependent children through the Optional Group Life Insurance Plan.