Opinion Number

Dear Mr. Teague:

Your opinion request informed our office that the Board of trustees of the State Employees Group Benefits Program is considering a proposal to adopt and operate a self-funded life Insurance program pursuant to its authority under La. R.S. 42:821, 871, 874. This would be a program for state employees and participating school boards. Under the program a clearly defined amount would be paid to a beneficiary designated by the employee, upon the death of the employee. Employees would pay premiums for such coverage.

In light of the above facts your request asked whether the proceeds…