Retiree Life Insurance Program Concluding July 2026

Idaho State University, in partnership with Idaho higher education peers, will be sunsetting the Retiree Life Insurance program effective July 1, 2026. Employees currently eligible have been notified of this upcoming change.

• Current retirees already enrolled in the program will continue to be covered.
  
  
• Employees retiring before July 1, 2026, or faculty retiring at the end of their Fiscal Year  2026 contract, will also maintain eligibility for enrollment under the current program.

Current Program

• ISU pays life insurance premiums for retirees for decreasing term life insurance coverage.
  
  
• Coverage provides death benefits to a retiree’s  dependents upon passing.
  
  
• Coverage value is based on annual salary at retirement:
  
  
• Up to age 65 → 100%
  
  
• Age 65–70 → 75%
  
  
• Age 70 until death → 50%
  
  

Eligibility

1. Retirement Eligibility:
   
   
• At least 5 years of service at ISU
  
  
• Age 55 or older
  
  
2. Retiree Life Insurance Eligibility:
   
   
• Must meet the Rule of 80 (age plus years of service at ISU ≥ 80)
  
  

Planning Ahead

Employees considering retirement are encouraged to review this benefit and contact HR for guidance.

Questions?
Reach out to Janice Romero at benefits@isu.edu or (208) 282- 3106