MPORTANT! NEW for 2023: For all benefit eligible employees, the basic term life insurance coverage will be 1.5 times your base
annual salary as of Sept. 1 of each year, even if you are not
enrolled in health insurance, to a maximum of $50,000.
This means employees who are currently waiving health insurance will be charged a basic life premium unless you login in www.edison.tn.gov. to waive this benefit.
New for 2023: All employees can opt out of the employee-paid basic term life insurance coverage over $20,000 and basic AD&D
coverage over $40,000.
However, cancelling the basic life insurance is a permanent choice. Employees who opt out of this additional coverage may not re-enroll in the employee-paid coverage (the amount above
what the state pays) unless you later have a qualifying
Employees can download the Annual Enrollment PDF Newsletter to learn about changes to your Life Insurance Benefits for 2023 Benefits.