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Continuation of Group Optional Life Coverage Form

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Dear Retiree:<br />

Congratulations on your Retirement! As a retiree <strong>of</strong> an employer participating in the State insurance<br />

benefits <strong>of</strong>fered through the South Carolina Public Employee Benefit Authority (PEBA), you are eligible<br />

to continue your optional group life insurance coverage. Your premium will not be deducted from your<br />

retirement annuity payment. You will be billed directly by Met<strong>Life</strong> for this insurance coverage.<br />

Your first quarterly billing statement will be sent under separate cover. Please pay special attention to the<br />

payment due date reflected on that statement.<br />

In order for you to take advantage <strong>of</strong> this option, Met<strong>Life</strong> must receive page 2 <strong>of</strong> this letter back within 31<br />

days from the date <strong>of</strong> your retirement. This will be your only chance to take advantage <strong>of</strong> this<br />

opportunity. If you are not yet age 70, your existing coverage will be reduced at age 70 to an amount<br />

equal to 65% <strong>of</strong> the original amount in force. In the future, if you decide that you are no longer interested<br />

in maintaining this life insurance coverage, you may cancel at any time by calling our Customer Service<br />

Center at the number below.<br />

Also enclosed is a Beneficiary Designation <strong>Form</strong>. Please take a moment to complete this beneficiary<br />

designation form to ensure your life insurance benefits are paid according to your wishes. Please complete<br />

the form and return it along with the election portion <strong>of</strong> this letter to Met<strong>Life</strong> at the following address.<br />

Met<strong>Life</strong> Recordkeeping Center<br />

P. O. Box 14401<br />

Lexington, KY 40512-4401<br />

Fax: 1-866-545-7517<br />

If you should have any questions regarding this letter or your options as a retiree, you may contact the<br />

Met<strong>Life</strong> Customer Service Center at 866-492-6983, Monday through Friday, between the hours <strong>of</strong> 8:00<br />

AM and 11:00 PM Eastern Time.<br />

Sincerely,<br />

Met<strong>Life</strong> Recordkeeping Services<br />

Encl. Beneficiary Designation <strong>Form</strong><br />

L0613329332 [exp1215][All States][DC,GU,MP,PR,VI]<br />

Metropolitan <strong>Life</strong> Insurance Company, New York, NY


The State <strong>of</strong> South Carolina. Policy Number: 9143046<br />

Employee Information: Employee SSN _______________<br />

________________________________________ _____________<br />

Last Name First Name Middle Initial DOB (mm/dd/yy)<br />

________________________________________________________________<br />

Address City State Zip Code<br />

My current insurance coverage amount is $_______________ (To be completed by Benefits<br />

Administrator or Public Employee Benefit Authority staff), and I wish to continue my insurance coverage in the<br />

amount <strong>of</strong> $_______________ (Increments <strong>of</strong> $10,000).<br />

<strong>Optional</strong> <strong>Life</strong> Ins. Amt.<br />

If there has been a reduction in coverage due to age, please provide the amount <strong>of</strong> coverage prior to reduction<br />

$________________<br />

____________Last Day Worked<br />

__________________Active <strong>Group</strong> <strong>Coverage</strong> Termination Effective Date<br />

____________ Date <strong>of</strong> Retirement<br />

Retiree Signature_____________________________<br />

Date____________________<br />

I UNDERSTAND THAT THE INSURANCE I WISH TO CONTINUE WILL NOT BECOME EFFECTIVE UNLESS I HAVE<br />

FULLY COMPLETED THIS FORM. THIS FORM MUST BE COMPLETED IN ITS ENTIRETY OR IT WILL BE RETURNED<br />

TO ME.<br />

Benefits Administrator Name (Print): ______________________<br />

Employer <strong>Group</strong> #:_____________________________________<br />

Employer <strong>Group</strong> Name: _______________________________________<br />

Signature <strong>of</strong> verification by Benefits Administrator ______________________Date______________<br />

(Or Public Employee Benefit Authority staff).<br />

____________________________________________________________________________________<br />

I HAVE ALREADY RECEIVED A PORTION OF MY COVERAGE UNDER THE ACCELERATED BENEFITS OPTION (ABO)<br />

AND UNDERSTAND MY CONTINUED COVERAGE WILL EQUAL THE REMAINING COVERAGE IN EFFECT.<br />

Retiree Signature (If applicable) ________________________<br />

Date_____________________<br />

L0613329332 [exp1215][All States][DC,GU,MP,PR,VI]<br />

Metropolitan <strong>Life</strong> Insurance Company, New York, NY

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