Life Insurance & Long-Term Disability
The City provides life insurance in an amount equal to one times the employee’s annual salary (up to $75,000) in the event of your death. Accidental Death & Dismemberment coverage is also provided and is paid at two times the life amount. Additional life insurance and accidental death and dismemberment insurance can be purchased for the employee and dependents.
In addition to the life insurance provided by the City, the Texas Municipal Retirement System (TMRS) provides a death benefit equal to one times the employee’s annual salary.
Long-term disability coverage is provided to full-time employees in order to offer financial protection in the event of severe injury or extended illness.
Life insurance, accidental death and dismemberment, and long-term disability coverage benefits are provided at no cost to the employee. Coverage becomes effective after 30 days of employment.
Tags: Employee Benefits