University of Virginia Library

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1738

APPROVAL OF TIAA GROUP LIFE INSURANCE BENEFITS SCHEDULE

• The following resolution was adopted:
  RESOLVED by The Rector and Visitors of the University of Virginia that the TIAA Group Life Insurance Plan be amended to provide coverage, effective July 1, 1980, as scheduled below:
                           

  	INSURANCE
  AGE	AMOUNT
  47 & under	$75,000
  48	75,000
  49	75,000
  50	71,000
  51	67,000
  52	63,000
  53	59,000
  54	55,000
  55	51,000
  56	47,000
  57	43,500
  58	40,500
  59	37,500
  60	35,000
  61	32,500
  62	30,000
  63	28,000
  64	26,000
  65	24,000
  66	22,500
  67	21,000
  68 & over	20,000
  RETIRED	1,000