New York Life
Basic Life Insurance help provide a foundation of financial protection for your family if something happens to you. All full-time employees are automatically enrolled in the New York Basic Life plan. The Basic Life is entirely paid for by Santa Clara VTA. (AD&D is not automatic for all groups - only Executive Management.)
Basic Life provides a cash benefit of $35,000 to $100,000 based on your Class.
Class 1 Executive Management |
Class 2 Non-Rep Management, Non-Rep Admin |
Class 3 AFL-CIO (ATU) |
Class 7 AFSCME Admin., SEIU & TAEA |
|
Maximum Benefits |
$100,000 |
$50,000 |
$35,000 |
$50,000 |
Reduction |
65% at age 70 50% at age 75 |
Administrative Employees (AFSCME, SEIU, TAEA, Non-Represented) have the option of enrolling in optional life insurance plans (AD&D and Supplemental Life) and long-term disability plan at their own expense. See the Optional Insurance Plan information page for more details.