If you are enrolled in optional life insurance when you retire, you have a one-time opportunity to apply for a special "decreasing term" policy. If you do not elect to continue your life insurance coverage at this time, you may not elect this coverage through the District in the future.

When you elect life insurance coverage at retirement, your coverage will equal 50% of the amount of your active employee coverage. This amount decreases each year by 10% of your original coverage amount. The minimum coverage amount will never be less than $5,000. The District will notify MetLife of your retirement and a conversion packet will be mailed to your address. Premium payments are made directly to MetLife. Effective January 1, 2009 life insurance for retirees will be underwritten by Metropolitan Life Insurance Company (MetLife). For any questions and more information please contact MetLife at 1-866-492-6983.