Basic Life Insurance
All DCPS employees receive basic, term life insurance coverage beginning on Day 1 of their employment and are automatically enrolled in this benefit unless they decline the coverage during their first 31 days of employment via PeopleSoft. Basic life insurance is equal to 1x your annual salary (rounded up to the nearest $1,000) plus $2,000.
You cannot enroll in supplemental life insurance unless you elect to enroll in the basic life insurance plan. Premium rates are based on age and salary. Individualized costs will be calculated and provided with the Benefits tab of the PeopleSoft account.
Standard - Option A
Additional $10,000 worth of insurance coverage.
Additional – Option B
Additional coverage equivalent to one and up to five times your annual salary.
Family – Option C
Employees can elect to add the additional coverage for eligible dependents. For each child
the employee can add $10,000 of coverage and $50,000 for their spouse.
For more information about the plan, please visit standard.com