Retired Member Death Benefit
SOC DEATH BENEFIT INFORMATION
The Superior Officers Council provides a Death Benefit to its members. The provisions of the Benefit are based on when the member retired, and/or what option the "Retired" member selected.
In December of 2009 the Trustees of the Superior Officers Council (SOC) discontinued the $5000 Death Benefit for all new retirees effective January 1, 2010.
The SOC Health and Welfare Fund now provides the Surviving Spouse/Dependent(s) SOC Health and Welfare Fund Benefit (Continuation of Coverage) to retirees. This benefit is provided to the deceased retired member's qualified dependents (defined at bottom of page) and includes prescription, optical and dental coverage. (see note below) The coverage is provided for three years at no cost to the surviving spouse/dependent(s) and gives the survivors the added option of continuing the benefits indefinitely for a premium.
(* PLEASE NOTE: "Continuation of Coverage" by the SOC does not include Major Medical, i.e. GHI, HIP, Aetna, etc.
It covers only prescription, dental, and optical.)
If you retired between January 1, 1971 and December 31, 2009 you were offered the choice to convert the $5000 Death Benefit during a One-Time Enrollment Period to a new benefit, the Surviving Spouse/Dependent(s) SOC Health and Welfare Fund Benefit.
* If you opted to retain the $5,000 SOC Death Benefit, your named beneficiary(s) are entitled to this amount.
* If you opted to convert the Death Benefit to the Surviving Spouse/Dependent(s) SOC Health and Welfare Fund Benefit your qualified dependents (defined below) are entitled to receive prescription, optical and dental coverage for three years at no cost, and gives the survivors the added option of continuing the benefits indefinitely for a premium.
(Qualified dependents are defined as your spouse, or qualified Domestic Partner and eligible dependent children. Eligible children include natural children, legally adopted, stepchildren (rules apply) and children for whom you have court appointed guardianship or legal custody and who live with you permanently. For the purpose of the Dental and Optical Benefit, eligible dependent children are covered to the last day of the month of their 19th or up to 23rd birthday (full time student). For the Prescription Plan dependent children who were previously enrolled in the Optional Prescription Drug Rider will be covered until December 31st of the year they reach the age of 19 or 23 years (full time student) or until they graduate.)