The Virginia Retirement System provides all full-time salaried employees an opportunity to purchase additional term life insurance protection at group rates.
You may select coverage on yourself for an additional one, two, three or four times your salary (rounded to the next highest $1,000) up to a maximum of $500,000. You may also apply for half of the amount of your coverage, up to a maximum of $250,000 for your spouse. Coverage for dependent children is based on the option that you select, and the amount of insurance covers each eligible child.