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Article: Life insurance benefits for retired workers.

Article from:
Monthly Labor Review
Article date:
September 1, 1990
Author:
Copyright

continuation of life insurance protection beyond active employment is one of the many concerns of employees approaching retirement age. For slightly more than half of all full-time employees in medium and large private establishments who have employer-provided life insurance protection while working, such coverage ceases at retirement. Many employers, however, do elect to continue at least a portion of life insurance coverage for retirees, providing some income protection for survivors. This article examines the availability and details of life insurance benefits provided to retired workers.

Forty-two percent of all full-time workers who were provided life ... 







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