NCPERS Decreasing Term Life Insurance
NCPERS Decreasing Term Life Insurance
Voluntary Life Insurance Designed for PERSI Members
The Boise School District offers eligible employees access to group decreasing term life insurance through the National Conference on Public Employee Retirement Systems (NCPERS). This coverage is issued by The Prudential Insurance Company of America and is available to employees through the Public Employee Retirement System of Idaho (PERSI).
Since 1989, this unique, voluntary life insurance plan has been tailored to meet the specific needs of public pension plan members—providing coverage that complements, but is not included in, your PERSI retirement benefits. While PERSI makes the plan available due to its membership in NCPERS, it does not manage or operate the plan directly.
NCPERS Member Resources
If electing this benefit, you must also complete the NCPERS Enrollment Form provided by our Benefits Team. Once you have enrolled in the plan, the plan will automatically renew each year. You may cancel this voluntary benefit at any time.
Frequently Asked Questions
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The plan is designed to pay a maximum benefit amount in your younger years, when your financial obligations may be more significant. That benefit gradually decreases as you get older, when your financial obligations may be less.
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NCPERS requires members to complete the NCPERS Enrollment form before they will enroll new members.