Short Term Disability (STD)
Group Short Term Disability insurance is available to all benefit-eligible employees and is 100% employee paid. Eligibility begins on the first of the month following date of hire, unless hire date is the 1st, then coverage would begin this day. The employee premiums are calculated based on salary. Benefits begin after a 14-day elimination period or 1st day hospitalization and are paid weekly at 67% of your before-tax earnings.
Long Term Disability (LTD)
Group Long Term Disability insurance is 100% employer paid for all active benefit-eligible employees. Eligibility begins on the the first day of the month following employment date.
The monthly income benefit is 60% of basic monthly earnings in effect on the day of total disability and benefits begin after a 90-day elimination period.