§ 51.1-1133. Life and accident insurance coverage during disability absences
A. Participating full-time employees participating in a group life and accident insurance program established pursuant to Chapter 5 (§ 51.1-500 et seq.) of this title shall continue to participate in such program during periods of absence covered by short-term and long-term disability benefits.
B. During periods of absence covered by short-term disability benefits, the amount of the life insurance benefit shall be based on the annual salary of the participating full-time employee at the commencement of the disability and shall be adjusted to include salary increases awarded during the period covered by short-term disability benefits.
C. During periods of absence covered by long-term disability benefits, the amount of the life insurance benefit shall be based on the annual salary of the participating employee at the commencement of the disability. Such amount shall (i) not include salary increases awarded during the period covered by long-term disability benefits and (ii) be increased annually by an amount recommended by the program actuary and approved by the Board.
(1998, c. 774; 1999, c. 144; 2004, c. 98; 2007, c. 64.)
Sections: Previous 51.1-1126 51.1-1127 51.1-1128 51.1-1129 51.1-1130 51.1-1131 51.1-1132 51.1-1133 51.1-1134 51.1-1135 51.1-1135.1 51.1-1135.2 51.1-1136 51.1-1137 51.1-1138 NextLast modified: April 16, 2009