NMSU GROUP LIFE INSURANCE PREMIUMS UPON RETIREMENTS
(AIG)

Effective July 1, 1997

 

Ammount of Insurance Prior to Retirement*	Insurance After Retirement	Premium ($2,000 free life)*
00 - $8,000	$5,000	$1.14
$9,000 - $10,000	$7,000	$1.90
$11,000 - $17,000	$9,500	$2.85
$18,000 - $75,000	$10,000	$3.04

 

*[2 x salary (to the next highest thousand) up to a maximum of $75,000]

(.38 per thousand of coverage less the $2,000 for free)