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Management Benefits Fund
Group Universal Life Insurance


The Group Universal Life (GUL) Insurance provides life insurance coverage at affordable group rates and offers members an opportunity to set aside sums of money in a Cash Accumulation Fund (CAF), which earns tax-deferred interest*. Active members under age 70 are also eligible for Accidental Death & Dismemberment Insurance coverage.

GUL is optional and is paid for entirely by member contributions.

The insurance is portable so long as the group contract is in force and once you have enrolled as an active member, can be continued at group rates into retirement or when membership in the Fund ends for any reason.

GUL is insured with Prudential Insurance Company of America. Additional information and assistance can be obtained by calling Prudential's customer service center at (800) 562-9874.

* Prudential Life Insurance Company establishes the CAF interest rate for each calendar year. The rate is guaranteed never to be less than 4%.

Please refer to the Fund Booklet for complete details on the Group Universal Life Insurance Plan.

Calculate Your GUL Contributions
MBF GUL Rate Sheet (effective April 1, 2012)
Read the Group Universal Life Insurance FAQ
Download this section of the Fund Booklet (PDF)
Visit the Prudential Financial Web site
Read the Management Benefits Voice Newsletter
Life Insurance - Is your family adequately protected?
The importance of having the right amount of life insurance
Spotlight

Employee Assistance Programs (EAPs)
EAPs are staffed by professional counselors who can help employees and their eligible dependents handle problems in areas such as stress, alcoholism, drug abuse, mental health, and family difficulties.

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Quick Links

 PICA Program
 NYC Employee Blood Program
 Collective Bargaining Agreements
 OPA Web site
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