INCREASE IN WAEPA INSURANCE COVERAGE
Document Type:
Collection:
Document Number (FOIA) /ESDN (CREST):
CIA-RDP79-00639A000100090007-7
Release Decision:
RIPPUB
Original Classification:
C
Document Page Count:
2
Document Creation Date:
December 9, 2016
Document Release Date:
April 30, 2001
Sequence Number:
7
Case Number:
Content Type:
DISP
File:
Attachment | Size |
---|---|
![]() | 99.35 KB |
Body:
25X1A2
01
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SUBJECT
Increase in WAEPA Insurance Coverage
ACTION REQUIRED ?REFERENCES
1. Please inform all employees at your station or base who are
enrolled in the WAEPA life insurance program that additional insurance
for eligible dependents (i.e., spouse and unmarried dependent children
between the ages of 2 weeks and 19 years) has been added to the con-
tract in accordance with the schedule outlined below:
New Amount of Coverage
Spouse $2,000
Children:
2 weeks and under 6 months 200
6 months and under 2 years )+00
2 years and under 3 years 800
3 years and under 4 years 1,200
4 years and under 5 years 1,600
5 years and under 19 years 2,000
Full-time students who are 19 years 2,000
but under 21 years
2. This new coverage is double the amount previously available
under the contract at the premium rate of $.30 per month. The cost for
this additional unit of dependent coverage is $.30 per month. Thus, the
total cost for this higher amount of dependent coverage will be $.60 per
month.
3. This additional unit of dependent coverage was effective 21
August 1966. The WAEPA Life Insurance Association has assumed the
premium cost for the additional unit of coverage for the first two
months (September and October). In the case of employees who already
have the dependent coverage and whose premiums are being paid by pay-
roll deduction, the cost of the additional coverage for November and
subsequent months will be collected by payroll deduction, commencing
with the pay period which begins 28 August 1966 since premiums are
CROSS REFERENCE TO
DISPATCH SYMBOL AND NUMBER
DATE
BOOK DISPATCH
25X1 A
GROUP I
CLASSIFICATION
$QB 9ILE NUMBER
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