Optional Benefits Overview (Full-Time Actives)
Optional benefits are made available to Fund participants (and often other dependents) but are not part of the PSC-CUNY Welfare Fund’s basic package paid by the employer’s contribution. They include:
- Optional extended disability
- Optional term life insurance
The Welfare Fund has been able to apply expertise and purchasing power to design insurance packages that provide quality benefits for reasonable premiums.
The premiums are paid by the participants themselves.
There are requirements for eligibility and enrollment.
Programs are underwritten and administered by insurance companies and brokers.
The descriptions provided are intended to cover the important points, but members are advised to contact the carriers for more complete information.