Life Insurance: MPSO

Page last updated: September 22, 2017

As of January 1, 2017, MetLife is the carrier for the City of Milwaukee’s life insurance plan.


This plan design affects MPSO and Sworn Police Management employees. 


 

For active Sworn MPSO and Police Management employees there are three types of benefits:

  • Basic Life Insurance – all eligible employees are automatically enrolled for a basic coverage of $55,000 the premiums for which are paid for by the City.
  • Voluntary Life Insurance – purchased by the employee at age-banded rates, in multiples of 50% of the annual base salary - not to exceed 300% or $300,000.
  • Family Life Insurance – purchased by the employee at a flat rate to cover his/her spouse/domestic partner and dependent children through the end of the year in which they turn 26 years of age (please refer to details for additional information).

 

If you are an eligible active Sworn MPSO and Police Management employee, intend to retire n the future, and would like to carry group life insurance while retired, at the very latest, you MUST sign up for  voluntary life insurance during the open enrollment period in the year prior to which you retire. Furthermore, if you are not enrolled in voluntary life insurance, and decide to enroll in later years, you will need to provide Evidence of Insurability (EOI) to MetLife. The EOI is a medical questionnaire plus other medical information examinations that may be needed by the insurance carrier before allowing a person to purchase voluntary coverage.  You are only able to increase your coverage by 50% of existing coverage without the EOI.

If you are age 65 or older at the time of your retirement, and you have voluntary life insurance coverage in effect as an active employee on your last day of employment, and you have 20 years of creditable service, you will have 50% of your annual base salary at the time of your retirement as your life insurance coverage for the rest of your life at no cost to you. 

If you are under age 65 at the time of your retirement, you will have the option to continue your voluntary coverage at 150% of your annual base salary at the time of retirement and pay for this coverage at age-banded rates, if you have at least 20 years of creditable service at the time of your retirement.  As a retiree under the age of 65, you will also have the ability to reduce your coverage to any multiple of $1,000 at the time of retirement.  If you continue your enrollment in the City’s GLI program as a retiree until you reach age 65, upon attaining age 65 your life insurance coverage will become 50% of your annual base salary at the time of your retirement, and this coverage will continue for the rest of your life at no cost to you.

 

Please click on the links below for additional information:

Group Life Insurance Rates (2017)

Summary of Benefits for Sworn MPSO and Sworn Police Management Employees

Life Insurance Beneficiary Designation Form

Explanation for Imputed Income

 

Detailed information regarding the life insurance plan is available by calling ERS at 414-286-6157 and leave a message on the Group Life Insurance Hotline.

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