Basic Life Insurance (Full-Time Actives)

Your beneficiary will automatically receive a $2,500 death benefit if you die while in active service. You must complete a beneficiary designation card when you first join the Welfare Fund or any time you want to change your beneficiary.

In addition, if you are a new full-time CUNY employee and a new member of the New York State United Teaches (NYSUT) Trust, you will be be enrolled automatically by CUNY in the First-Year Life Insurance Program. This Program, which pays $25,000 to your beneficiary in the event of your death, is provided at no cost to you during your first year of employment and NYSUT membership. After the first year, you will have the option to continue this coverage by paying a premium based on your age.

This page includes only highlights of your basic life insurance benefits. See the Details Tab for more information.

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Death Benefit

The PSC-CUNY Welfare Fund provides a $2,500 death benefit to the beneficiary of a full-time covered member who dies while in active service. Members must fill out a beneficiary designation card, available from their campus HR and benefits office, and have it on file at the benefits office. If members wish to change beneficiary(ies), a new card needs to be completed.

Designated beneficiaries have one year from the member's date of death to file a claim with the Welfare Fund office.

First-Year Term Life Insurance

Many new full-time CUNY employees covered by PSC-CUNY Welfare Fund will receive Term Life Insurance with a face value of $25,000 for one year, with the option to purchase the $25,000 coverage at the end of the year. The premium is determined by the age of the participant at the point the option is exercised.

The program is sponsored through the New York State United Teachers (NYSUT) Trust and is therefore limited to new NYSUT members. Persons who were members of NYSUT prior to employment by CUNY are not eligible for this "first year" benefit. The benefit is available to all persons eligible for the Welfare Fund, including management and excluded titles which can technically not become members of NYSUT.

Eligible employees are automatically enrolled by CUNY and receive a certificate of coverage. Upon completion of one year, an option is provided to continue coverage by paying a premium. For further information, please refer to Optional Life Insurance.

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