How much is paid to the primary beneficiaries of a deceased employee?

The choice indicating that the amount paid to the primary beneficiaries of a deceased employee includes the monthly income benefit plus an additional 10% for each dependent child (up to a maximum of five) accurately reflects a common structure found in benefit plans. This method is often designed to provide additional support to families who have lost a primary income earner and need to account for the increased financial burden of raising dependent children.

The addition of a percentage based on the number of dependent children acknowledges the additional financial responsibilities that may arise from their care, reinforcing the importance of considering family needs in benefit calculations. The cap of five dependent children is also a standard practice to limit potential liabilities for the employer while still providing substantial support to families.

Understanding this structure is crucial for human resource professionals, as it allows them to effectively communicate benefits offerings to employees and their families, ensuring that they are aware of the financial protections available to them in the event of a tragedy.