Enrollment
Voluntary Retiree AD&D Enrollment through MetLife (Offered under Los Alamos National Laboratory Group Rates):
- You must have been enrolled in the active plan prior to retirement to enroll in this coverage
- The annual premium for retiree AD&D coverage is based on Laboratory active group rates
- Once MetLife receives notification from the Lab that your termination was for retirement, an enrollment form along with premium information will be mailed to you
- Your coverage ends the last day of the pay period of your termination
- You will have 31 days to enroll from the date of your previous loss of coverage
You can purchase AD&D for you and/or a dependent spouse only
Voluntary Principal Sum Amount Options:
- Option 1: $10,000
- Option 2: $25,000
- Option 3: $50,000
- Option 4: $100,000
- Option 5: Amount previously elected as an active employee not to exceed $250,000
Principal Sum for your Eligible Dependent Spouse upon their passing:
- 60% of the Retiree Principal Sum Amount
Formula to Determine Annual Premium:
- Retiree Only: $0.51
- Retiree & Spouse: $.78
Principal Sum Amount ÷ 1,000 x Annual Rate = Retiree Annual Premium
| Principle Sum Amounts | |
|---|---|
| Option 1 | $10,000 |
| Option 2 | $25,000 |
| Option 3 | $50,000 |
| Option 4 | $100,000 |
| Option 5 | Amount previously elected as an Active Employee not to exceed $250,000 |
| For Eligible Dependent Spouse | 60% of the Retiree Principal Sum |
