Section 1551.2011 - Employee Awareness and Education(a) The board of trustees by rule shall ensure that employees receive information about life coverage, accidental death and dismemberment coverage, and long-term and short-term loss of salary coverage, if those coverages are included in a group coverage plan established under Section 1551.201.(b) The information must contain descriptions of:(1) probabilities of death and disability; and(2) policy exclusions and limitations, including:(A) limitations based on multiple sources of benefits;(B) preexisting condition exclusions; and(C) required waiting periods for benefits.(c) The board of trustees by rule may provide the information described by Subsections (a) and (b) in printed materials for new employees distributed on the first day of employment. The board of trustees may consider using printed materials, online presentations, and educational presentations to ensure the information described by Subsections (a) and (b) is provided to employees.(d) If applicable, the board of trustees shall annually review the materials and presentations described by Subsection (c) to determine if changes to the contents of the materials or presentations are necessary. If applicable, the department shall adopt rules necessary for considering and making changes to the materials or presentations.(e) The board of trustees shall publish the information described by Subsections (a) and (b) on the Employees Retirement System of Texas website.Tex. Ins. Code § 1551.2011
Added by Acts 2013, 83rd Leg. - Regular Session, ch. 296,Sec. 1, eff. 6/14/2013.