Voluntary Deductions
Permanent Life Insurance Premium Deductions
Background
To provide and promote the interests of the state and state agency employees, the Employees Retirement System of Texas (ERS) is required to designate supplemental optional benefits programs.
ERS designated a program that allowed a state agency employee to voluntarily authorize a deduction from salary or wages for permanent life insurance coverage of the employee.
Limitations – No New Authorizations
Although the program was authorized for several years, ERS has determined that no new authorizations may be accepted by agencies and only those deductions previously established may continue to be deducted.
Employees may no longer authorize a deduction to pay the premium for permanent life insurance coverage.
Additional Information
For questions, contact Employees Retirement System of Texas.
Sources
Texas Government Code, Section 659.102