Some suggestions on Twitter that a guy should retire from the City if in poor health. That is something I never heard of. You would lose the Health and Dental plans. The Disability plan etc. Just when you ( and your family ) need them the most.
Basic group life
insurance
• Schedule: Two times base salary,
rounded to next higher $1,000, if
not already a multiple thereof
• Cost sharing: 100% employer paid
Optional life
insurance
• Schedule: An employee may elect
coverage in units of $10,000
• Maximum: 50 units or $500,000 for
self and 20 units or $200,000 for
spouse
Accidental
death and
dismemberment
• Schedule: Two times base salary,
rounded to next higher $1,000, if
not already a multiple thereof
• Cost sharing: 100% employer paid
Say a guy accidentally drives into a bridge or something.
Add to that OMERS Survivor Benefit.
My wife likes to kid me that I'm worth more to her dead than alive.
Reminds me of the old joke. "If you were my husband I would poison you!" "If you were my wife I would drink it!" LMAO