Complete 2012 Journal - 2012 NC Conference Journal

232 The North Carolina Annual Conference – 2012 Journal
3. Participation in Medicare Part A and Part B is required at the earliest
possible date in order to receive the best health insurance benefits.
Participants who choose not to participate in Medicare Part B at that date
will receive the same contribution towards the health insurance premium as
if they were retired.
4. If the participant is enrolled in Medicare (part A and/or B) due to Incapacity,
the Conference health insurance will coordinate benefits with Medicare as
primary, the Conference plan as secondary. Family members (with no other
coverage) will be covered as primary by the Conference health insurance
plan.
5. Upon reaching Medicare eligibility due to age and eligibility to retire, clergy
receiving CPP benefits will receive the same contribution towards the health
insurance premium as if they were retired.
6. Termination policy defined in the Insurance Committee report Section
III.16 will be applicable.
Ralph Brown, Chairperson
Insurance Committee
I. The Insurance Committee is to be made up of representatives from the following boards
and agencies: 2-Board of Pensions; 1-Board of Pensions Chair; 2-Board of Ordained
Ministry;2-Joint Committee on Incapacity; 3-Lay Members appointed by the Commission
on Laity; 5-At Large Members. The following members are without vote: 1-Conference
Treasurer; 1-Controller; 1- Benefits Manager; 1-Director of Ministerial Relations. The
representative should be elected at the organizational meeting of these boards and agencies.
Once elected from its constituent groups at the beginning of each quadrennium, the
Insurance Committee’s membership will remain established for the remainder of that
quadrennium.
II. Group Term Life Insurance
A. The current life insurance program is provided by MetLife.
B. Our coverage is $25,000 for active partici pants, $12,500 for retired clergy up to age
72. Effective July 1, 2005 the coverage for retirees age 72 and over is $5,000. Current
spouse and child coverage is $10,000 per person. The spouse’s insurance terminates upon
retirement of the subscriber.
C. The life insurance plan is non-contributory. Life insurance premiums are to be paid by
the salary-paying unit.
D. Supplemental Life insurance guidelines (voluntary individual enrollment):
1. Participant must be enrolled in active Conference life insurance plan.
2. Initial voluntary enrollment November 1 – 30, 2007 for an effective date of January
1, 2008.
3. Premiums should be withheld by the salary-paying unit on an after tax basis.
Premiums will be included on the monthly invoices issued by the Treasurer’s Office.
4. Late applicants are subject to health questions and must be approved by MetLife.