SECTION1-SCHEDULEOFBENEFITS BASICINSURANCE CLASS004 CLASSIFICATION: All Eligible Retired Superintendents LIFEAMOUNT: Three Times The Annual Base Salary, Then Rounded Down to the Nearest $1 With A Minimum Of $10,000 And A MaximumOf$350,000 ANNUALBASESALARY:AnnualBaseSalarywithnoCommissionsorBonuses.AnnualBaseSalaryexcludes overtime. CHANGESININSURANCECOVERAGE:Immediate.SeeSection6. CONTRIBUTIONS:Employeepremiumcontributionsarenotrequired.SeeSection4. ELIGIBILITY:First of the Month. See Section 3. FULL-TIMEEMPLOYEEREQUIREMENT:30hoursormoreperweek.SeeSection2,Definitions-Employee,and Section 3, Eligibility. GC2510.2 SECTION1-SCHEDULEOFBENEFITS