This plan also provides the same $100,000 duty death benefit as the traditional plan.
*Basic annual salary is based on your basic hourly pay rate X 2,088 hours.
**This life insurance limit may not be applicable to employees who are covered by certain collective bargaining agreements.
LIFE INSURANCE BENEFICIARY DESIGNATION
You may designate as your life insurance beneficiary any person or institution except a funeral home.
A divorce automatically cancels a spouse as life insurance beneficiary. If you want to keep your ex-spouse as a beneficiary, you must file a new Beneficiary Designation Form stating ex-spouse.
If you list more than one beneficiary, you must designate the percentage each beneficiary is to receive or it will be shared equally.
You can designated a contingent beneficiary who will receive your covered benefit in the event the named beneficiary(ies) die(s) before you. If the named beneficiary dies before you, and no contingent beneficiary is named, your covered benefit amount will be paid as follows:
First, to your spouse, if living
Otherwise, equally to your natural and adopted child(ren)
Otherwise, equally to your surviving parents
Otherwise, equally to your brother(s) or sister(s)
Otherwise, to your estate
Accidental Duty Death Insurance
Accidental Duty Death Insurance is a benefit for all employees, if their death results from an accidental personal injury arising out of or in the course of state service and the death occurs within 180 days of the accident.
Final Compensation Beneficiary Designation
The appointing authority shall pay the final wages due to you at the time of your death, in accordance with a primary and secondary beneficiary designated and filed by you under the regulations issued by the state personnel director. In the absence of a valid beneficiary designation, the payment is made in accordance with the instruction of a court. It is not mandatory that you file a final compensation beneficiary designation, however it is highly recommended. Monies payable to the beneficiary shall include, but may not be limited to, earned compensation, payment for remaining leave balances due, longevity pay and reimbursement of expenses.
If you have questions on your life beneficiary designation or final compensation, you may contact the MI HR Service Center.