
PORS - Active Members


Active Group Life Insurance
Benefit
State agencies and public school districts
are required to provide group life insurance coverage to employees. The coverage
is optional for other employers. If an employer provides group life
insurance coverage to its employees, the employer must pay for the coverage.
If your employer is covered and you die in service with
at least one full year of Retirement Systems membership, a payment equal to your
current annual earnable compensation will be paid to your designated
beneficiary or trustee. If your death results from a job-related injury,
the one-year requirement is waived. Group life insurance is considered
life insurance and is not taxable.