HR and Benefits: Active Employee Handbook
Highlights
- Eligibility
- All full-time Metro employees are automatically eligible for both Basic Life and AD&D insurance. Metro pensioners are eligible for Basic Life insurance only.
- Coverage Amounts
- Active Metro employees are covered for Basic Life insurance in the amount of $50,000 and AD&D insurance in the amount of $50,000. Metro pensioners are covered for Basic Life in the amount of $10,000.
- When Coverage Begins
- Your coverage begins on the first day of the month following 30 continuous days of full-time employment with Metro.
- Cost
- Metro pays 100% of the cost of both Basic Life and AD&D coverage for you.
- Benefit Payments
- Both Basic Life and AD&D benefits are paid in a lump sum.