Pension Plan

A copy of the Pension Plan is available by clicking on the this link Pension Plan.

Active employees (that is, those who have not retired) are covered for up to $30,000 in life insurance while in active employment with a contributing entity.  The amount of life insurance for which you are covered under this program depends upon the amount of your weekly salary.  The following table sets forth the schedule of benefits:

Weekly Salary Amt of Insurance
From To
$1 $74 $3,000
$75 $124 $6,000
$125 $199 $9,000
$200 $299 $12,000
$300 $399 $15,000
$400 $499 $18,000
$500 $599 $21,000
$600 $699 $24,000
$700 $799 $27,000
$800 and higher $30,000
This coverage is provided through a group policy issued by the Prudential Insurance Company.  Click here for a copy of the booklet describing this coverage.