Retirees who were UBLIC G-29297-0 or GLU-414 policyholders are eligible to receive a predetermined benefit provided through Compass Rose Benefits Group at no cost, known as the Retiree Benefit.
Years of Participation | Percentage of Active Life Amount | Coverage Not to Exceed (at age 60)* |
---|---|---|
5 to 9 years | 10% | $5,000 |
10 to 14 years | 20% | $10,000 |
15 or more years | 30% | $15,000 |
* Benefit is reduced by 50% when retirees reach age 70.
To file a claim, download and complete the claim form and W9 found below. Mail these completed documents along with a copy of the UBLIC Policy G-29297-0 Retiree Benefit Certificate and a copy of the death certificate to:
11490 Commerce Park Drive
Suite 220
Reston, VA 20191
ATTN: UBLIC Team
Update Your Beneficiary(ies)
Your beneficiaries receive the proceeds from your Retiree Benefit should something happen to you, so it is important to keep this information up-to-date. You can name as many beneficiaries as you would like. If you have multiple beneficiaries, you must choose percentage amounts to distribute, which must equal a total of 100%. Complete and mail back our beneficiary form below.