SECTION 1 - SCHEDULE OF BENEFITS BASIC INSURANCE GC 2510.2 SECTION 1 - SCHEDULE OF BENEFITS CLASS 006 CLASSIFICATION: All Other Eligible Retired Employees LIFE AMOUNT: $50,000 ANNUAL BASE SALARY: Annual Base Salary with no Commissions or Bonuses. Annual Base Salary excludes overtime. CHANGES IN INSURANCE COVERAGE: Immediate. See Section 6. CONTRIBUTIONS: Employee premium contributions are not required. See Section 4. ELIGIBILITY: First of the Month. See Section 3. FULL-TIME EMPLOYEE REQUIREMENT: 30 hours or more per week. See Section 2, Definitions – Employee & Retiree, and Section 3A, Eligibility.