Disability
Disability insurance provides financial protection if you’re unable to work due to illness or injury. It replaces a portion of your income, helping you manage everyday expenses and maintain stability while you recover.
LTD rates for Salaried/Exempt Employees
Short-Term Disability (STD)
STD is provided at no cost to you. You are automatically covered as a full-time, non-union employee – no enrollment is needed.
| Benefit Coverage | |
|---|---|
| Short-Term Disability | 60% of your weekly earnings to a $1,500 weekly maximum for 26 weeks |
| Benefit begins on the 15th day of disability |
Long-Term Disability (LTD)
LTD Hourly Employees
If you are a full-time, non-union hourly employee, LTD is provided at no cost to you
| Benefit Coverage | |
|---|---|
| Long-Term Disability (Hourly) | 60% of your monthly earnings up to a maximum of $15,000 per month |
| Benefit begins after 26 weeks of disability, and payments will last for as long as you are disabled or until you reach your Social Security Normal Retirement Age, whichever is sooner |
LTD Salaried/Exempt Employees
If you are a full-time, exempt (salaried) employee, you have two options available at discounted group rates. For coverage to be approved, you may need to provide Evidence of Insurability.
| Option A | Option B | |
|---|---|---|
| Benefits Begin | After 26 weeks of disability | |
| Benefit Amount | Up to 60% of your monthly base pay, up to a maximum of $15,000 per month | Up to 60% of your monthly base pay plus bonus, up to a maximum of $25,000 per month |
| Benefit Duration | Up to 24 months at your own occupation, then for as long as you are disabled and unable to perform gainful employment until you return to work or reach retirement age, or in the event of your death | |
Pre-existing Condition
A pre-existing condition limitation will apply during your first year on the Plan (or on the increase in coverage level if you move from Option A to Option B). If you received treatment, consultation, care, or services, or took prescription medication in the three months before your enrollment, a resulting disability will not be covered. Once you have been insured on the Plan as an active employee for a consecutive 12 months, the pre-existing condition limitation no longer applies.