Employees covered by the benefits of this Act who resign or separate from service may continue to be covered by the life insurance benefits, but their right to do so shall expire if within the inextensible term of sixty (60) days following the date on which they separate from public service they fail to notify the Association in writing that they shall continue coverage under the life insurance and shall pay the corresponding premiums. For purposes of this chapter, it shall be considered that a member is no longer in the public service as of the date on which the appointing authority accepts his/her resignation. If the effective date is subsequent to the date of acceptance, the date on which the resignation takes effect shall be considered as the date of termination.
When a member is separated from public service and fails to appeal the action of the appointing authority, the date of termination shall be that on which said action becomes final and binding, since it is no longer susceptible to administrative or judicial review. If the member resorts to the courts or to any administrative body seeking review and the action of the appointing authority is confirmed, then the date of such confirmation shall be considered the date of termination. In cases where the member applies for a leave without pay and resigns from public service afterwards, the date on which the resignation was accepted shall be considered the date of termination, or the date on which the action of the appointing authority ordering his/her separation from service becomes final, or the date on which the leave without pay ends, if granted, whichever of the three dates is the latest. Members who serve notice on time shall pay a monthly premium equal to that paid by members in active service for life insurance in their respective categories. Those who fail to pay their premiums for six (6) consecutive months shall forfeit all rights to the insurance, even when they have timely fulfilled the notification requirement to continue with the coverage.
History —Apr. 25, 2013, No. 9, § 34.