[ultimatetables 1 /]
The following is an updated explanation of the various deductions on your pay stubs.
1. RELIASTAR LIFE INSURANCE (LSA INSURANCE) – This insurance is voluntary and serviced by the LSA. LSA office phone number is (313) 961-5699.
CODE: 40700 (single) $14.68 bi-weekly.
CODE: 40702 (family) $19.65 bi-weekly.
A. $50,000 to beneficiary upon death of member.
B. $12,500 added to $25,000 for accidental death or dismemberment.
C. $10,000 coverage on dependents (spouse and dependent children 6 months to 23rd birthday).
D. $500 coverage for children 15 days to 6 months old.
E. Plan may be continued after retirement.
F. After age 65 the coverage and premiums are reduced for members. Dependents remain the same.
RETIRED MEMBERS:
CODE: 40742. Retiree w/o dependent, over 65. $10,000. $15.21 a month.
CODE: 40747. Retiree w/o dependents, over 65. $12,500. $19.00 a month.
CODE: 40746. Retiree w/dependents, over 65. $12,500. $31.21 a month.
CODE: 40743. Retiree w/o dependent, $20,000. $31.11 a month.
CODE: 40745. Code refers to retiree w/dependent. $20,000. $43.32 a month.
CODE: 40720. Retiree w/o dependent. $38.89 a month.
CODE: 40730, 40740. Retiree w/dependent. $25,000. $51.10 a month.
CODE: 40725. Widow as of 9-1-98. $5,000. $5.20 a month.
CODE: 40748. Retiree w/dependent over 65. $10,000. $27.42 a month.
2. HARTFORD LIFE INSURANCE (DPOA INSURANCE) – DPOA Office, 313-567-8770, Change Beneficiary.
CODE: 40652. Family. $11.74 bi-weekly.
CODE: 40650. Single. $9.75 bi-weekly.
A. $25,000 payable to beneficiary upon death.
B. $35,000 payable to beneficiary upon death, if accidental.
C. $10,000 coverage for dependents: Spouse and dependent children from 6 months to 23 years of age.
D. $500 coverage for dependent children 14 days to 6 months of age. (Plan can be continued after retirement, with payment coming from holder’s retirement fund. After age 65 premium and coverage cut in half.)
RETIRED MEMBERS:
CODE: 40610. Single. $19.56 monthly under age 65.
CODE: 40620. Married. $23.02 monthly.
CODE: 40630. Survivors benefit, widow can keep $5,000 coverage for $3.43 a month.
CODE: 40640. Single. $9.77 monthly over age 65.
CODE: 40650. Dependent coverage 0/65 years. $12.40
3. DETROIT POLICE BENEFIT & PROTECTIVE ASSOCIATION – To check on/change beneficiary – New Center One, 3031 W. Grand Blvd. Ste. 405, (313) 870-9301, (313) 870-9330 fax
Cost: $8.56 (40620 active) bi-weekly; $18.55 (40315 retired) monthly.
A. $500 – $4,000 paid to member for duty or non-duty disability retirement..
B. $15,000 death benefit paid to beneficiary less any return of assessments.
C. $7,500 additional death benefit if determined in the line of duty by the department.
D. All assessments paid to member on 25th year as a member, less disability return of assessments.
E. Policy paid in full after 40 years as a member.
4. MEDICAL CODE
CODE: 74070-LSA BCBSM-Medical
5. EMPLOYEE BENEFIT PLAN – While active this plan is mandatory and serviced through the Pension Bureau, Room 908, City County Bldg., 313-224- 3362. (Listed as Ben Plan on pay stub)
A. $4,900 – Police Officers – $.40 per pay.
B. $10,000 – Lt’s & Sgt’s – $.50 per pay .
C. Plan may be continued after retirement at (.09 cents/month). Coverage is determined by your length of service.
6. DETROIT POLICE OFFICERS DEATH BENEFIT PLAN – The insurance is voluntary and serviced by the DPOA, 313-567-8770.
ACTIVE MEMBERS – CODE: 40630. $2. Deducted only when an active member who belongs to the plan dies on or off duty. Total amount of policy depends on number of participating members.
RETIRED MEMBERS – A $20 deposit is paid to the DPOA at the time of Disability Retirement. $2 deductions are taken from the deposit until exhausted at which time another statement will be sent to the member requesting another deposit.
8. OTHER CODES OF INTEREST TO MEMBERS:
CODE: 44040. LSA dues, 1.5 percent of Sergeant’s base salary.
CODE: 30010. Municipal Credit Union — Loan.
CODE: 30012. Municipal Credit Union — Shares.
CODE: 49010 Through 49040. United States Savings Bonds, depending on amount.
CODE: 31120. United Negro College Fund.
CODE: 31130. Old Newsboy’s Goodfellow Fund of Detroit.
CODE: 31140. Coleman A. Young Foundation.
CODE: 31010. United Foundation.
CODE: 31110. Black United Fund.
CODE: 38011. Payroll advances.
CODE: 38200. Department equipment lost or stolen, officer held responsible.
CODE: 43010. Friend of the Court, Wayne County.
CODE: 43020. Friend of the Court, Oakland County.
CODE: 43050. Friend of the Court, Macomb County.
CODE: 32000. Friend of the Court service fee, 50 cents.
CODE: 40410. Disability Survivors.
CODE: 31620. (.75) contribution to DPOA Political Fund.
CODE: 31630. (.75) contribution to LSA Political Fund.
CODE: 38927. Purchase of Military Time.
CODE: 50020. Retiree dental, U. S. Health $10.43. Retiree and spouse only.
CODE 50000: Retiree Disability dental U.S. Health, $10.43. Retiree and spouse only.
CODE 40071. Retiree eye care program, no cost. Retiree and spouse only.
CODE 40061. Retiree disability eye care program, no cost. Retiree and spouse only.
CODE 15000. Member’s Blue Cross dental, $24.59
CODE 50080. Retiree Dental Blue Cross, $24.40
CODE 40080. Retiree Vision Blue Cross