Exempt Retirees Life Insurance Program

Retiree Life Insurance

The following classes of salaried Retirees are automatically covered for Retiree Life Insurance.

• Santa Fe salaried Retirees who were hired or promoted into a salaried position prior to January 1, 1993, and who remain in continuous salaried employment until retirement are provided Retiree Life Insurance equal to 25% of the base annual salary at retirement (adjusted to the nearest $1,000. The maximum coverage for Retirees who have not reached age 65 is $75,000. On the Retiree's reaching age 65, maximum coverage will be reduced to $50,000.
  
  
• Santa Fe salaried retirees who were hired or promoted into a salaried position on or after January 1, 1993 but prior to September 22, 1995 and who remain in continuous salaried employment until retirement will be provided Retiree Life Insurance equal to 25% of base annual salary (adjusted to the nearest $1,000) to a maximum of $25,000.
  
  
• Burlington Northern Retirees who were hired or promoted into a salaried position on or before September 22, 1995 and who retired or were severed as salaried employees are eligible for $10,000 in life insurance.
  
  
• BNSF Railway Company salaried Retirees who are hired or promoted to a salaried position on or after September 22, 1995 are eligible for $10,000 in life insurance.

Cost of Retiree Life Insurance

The Employer pays the full cost of Retiree Life Insurance. There are no required Retiree contributions.

Alternative Life Insurance Amounts for Certain Participants

Some employees and retirees are grandfathered for amounts of life insurance based on a BNSF predecessor group life insurance program. Refer to the Appendix at the end of the Life Insurance SPD to determine whether you are in a grandfathered group.

How can I check on my life insurance coverage?

Log onto The Benefits Center website at www.BNSF.mercerhrs.com to view your coverage amount.

How can I check on or change the beneficiary of my life insurance?

Log onto The Benefits Center website at www.BNSF.mercerhrs.com to view your beneficiary designation or to change your benefits designation.

In the event of my death, how do my beneficiaries file for the benefit?

Your designated beneficiary should contact The Benefits Center at 1-877-451-2363 to report the death and begin the claim process.

I looked on The Benefits Center web site and did not find my coverage there. Who should I call?

For some retirees who do not have retiree medical coverage, Retiree Life Insurance is administered by MetLife. Call MetLife at 1-866-492-6983. The staff answering the phone can verify your coverage, your beneficiary designation and mail you a form to change your beneficiary designation.

Link to the Life Insurance SPD