County board resolves life insurance issue

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A problem that cropped up with the life insurance plans for some Allegheny County retirees has been resolved, said John Weinstein, county treasurer and president of the Retirement Board of Allegheny County.

He said letters will be sent out to retirees notifying them of the fix later this week.

A switch in life insurance providers in early 2014 resulted in about 1,000 of the county’s 4,000 retirees being notified that they would receive $4,000 in life insurance benefits, rather than the $10,000 they believed they would get.

County Controller Chelsa Wagner, who also serves on the retirement board, has brought up the issue multiple times, sending out a news release calling for a resolution and speaking before council earlier this month.

But Mr. Weinstein repeated what other county officials said earlier this month, that the issue has already been resolved.

“If you had 10 [thousand dollars in life insurance] before, you get 10 now,” Mr. Weinstein said.

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