CODE OF VIRGINIA

(EFFECTIVE OCTOBER 1, 2016) INSURANCE FOR EMPLOYEES OF THE AUTHORITY (§
23.1-2417)

The Authority shall purchase group life, accidental death and dismemberment, and
disability insurance policies covering in whole or in part its employees.
Authority employees are not required to present at their own expense evidence of
insurability satisfactory to an insurance company for basic group life insurance
coverage. Any employee hired prior to July 1, 1998, shall be provided basic
group life insurance at the same level of coverage as provided by the Virginia
Retirement System. Any employee hired on or after July 1, 1998, shall be
provided basic group life insurance at a level of coverage determined by the
board that is not less than the equivalent of the employee’s annual
salary. The Authority may require employees hired on or after July 1, 1998, to
pay all or a portion of the required basic group life insurance coverage. Such
payment may be collected through a payroll deduction program. The Authority may
increase the insurance coverage under such policies to make available to active
insured employees optional life, accidental death and dismemberment, and
disability insurance. Authority employees are not covered by the Virginia
Retirement System’s group insurance program under § 51.1-501.

HISTORY: 1998, c. 449, § 23-50.16:24.2; 2016, c. 588.