The purpose of this to announce an increase to an AFT benefit you receive as an active EP AFT member. This increase is at no cost for all EP AFT active members.
Death and disability are not things we like to think or talk about, particularly as we approach the start of the new school year. But, they are realities for which we need to be prepared.
Your union stands with you in all aspects of your life. Whether an accident happens at work or somewhere else, this insurance provides members and their families with financial support during a stressful time.
As an EP AFT member, you have Accidental Death and Dismemberment Insurance Policy as a benefit. You are currently covered as indicated:
Current Coverage Value: $25,000
Current Coverage Value if Incident at Workplace: $50,000
Current Annual Cost to You: $3.00
Effective Tuesday, Aug. 1, all active, working EP AFT members in good standing will have $5,000 of accidental death and dismemberment (AD&D) insurance coverage provided at no cost to them through the national AFT. This new benefit provides additional coverage, on top of EP AFT member’s existing coverage
New Coverage Value: $36,250
New Coverage Value if Incident at Workplace: $72,500
New Annual Cost to You: $3.00
Retired members are not eligible for this benefit. You cannot match $3.00 a year on the commercial market. Half that amount of coverage was over $46.00 a month, commercially or $552 a year. This is a 1840% savings.
Visit the AFT webpage www.aft.org/add for a certificate of insurance to keep with your personal papers. You completed a beneficiary form when you joined EP AFT. If you have had changes to your address or beneficiary since you joined, please contact Lupe Dominguez at the EP AFT office and update your information.
Again, I understand this is not a topic that is comfortable or one we want to think about. But, it is a topic we all must face and planning that we all must do.
In Solidarity,
Ross