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NCPERS Life Insurance

NCPERS

PERSI members who are actively at work are eligible to purchase additional term life insurance through NCPERS.  Assuring adequate Life Insurance coverage is an important part of financial planning. 

This is an EMPLOYEE paid benefit.

The NCPERS Enrollment should be submitted only during the annual open enrollment period unless you are in your initial enrollment period. Open Enrollment elections for NCPERS premiums will be deducted from your September payroll for an effective date of October 1st. The enrollment process is completed utilizing the Online Benefits Portal.

New retirees are ineligible to enroll in the NCPERS program at the time of retirement. Prospective retirees must be enrolled in the NCPERS program the year leading up to retirement. 

  • NCPERS Life Insurance is an additional benefit the district currently offers our eligible employees.  Coverage is available at a lower group cost through the purchasing power of the National Conference of Public Employee Retirement Systems.  Every member, regardless of age, pays the same cost - just $16 a month.  Your cost does not increase with age.  The plan pays a maximum benefit amount in your younger years and a gradually decreasing benefit amount in your older years. The plan offers supplemental protection, including: Decreasing Term Life Insurance - for our employee,  Accidental Death & Dismemberment Insurance for our employee, Dependent Term Life Insurance - for your spouse or domestic partner and all of your eligible children. All of this protection is available for just $16 a month.

    Health questions or medical exams are not required if the employee enrolls during the open enrollment period. If you are not a current participant, you will not see NCPERS information located in your "Current Benefits" link.

  • NCPERS Brochure
  • NCPERS Benefit Rates

Benefits Links