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RESOLUTION TO OFFER SUPPLEMENTAL LIFE INSURANCE TO FACULTY
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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RESOLUTION TO OFFER SUPPLEMENTAL LIFE INSURANCE TO FACULTY

  • The following resolution was adopted:
  • RESOLVED that the TIAA Group Life Insurance for faculty be amended to allow participants to purchase supplemental insurance in the amount of one, two, or three times the salary, to a ceiling of $300,000. The cost of the supplemental insurance will be paid by the individual. The effective date of the option will be no sooner than September 1, 1986.