Long Term Disability (LTD) insurance is fully insured through The Hartford. Effective September 1, there is no monthly premium change for the LTD plan.
LTD provides income protection should you become disabled. After the 90-day elimination period requirement has been satisfied or after you have exhausted your sick leave (whichever is longer), if your disability claim is approved, you will be eligible to receive 60% of your covered salary. Benefits under this program will be decreased by the same amount as any disability benefits received from other sources. Your total disability pay, including other sources of income, cannot exceed 60% of your covered salary.
| Monthly Benefit |
60% of your monthly earnings up to a maximum benefit of $12,025 per month, subject to deductible sources of income or other disability earnings. |
| Elimination Period |
90 days from onset of disability, during which you are continuously disabled. |
| Maximum Period Payable |
Age at Disability
Less than age 60
Age 60 through 64
Age 65 through 69
Age 70 and over
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Maximum Period Payable
To age 65, but not less than 5 years
5 years
To age 70, but not less than 1 year
1 year
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| Definition of Disability |
Occupation Definition: During the first 24 months of disability, you are unable to perform the duties of your regular occupation because of sickness or accidental injury. After 24 months of disability, you are unable to perform the duties of any occupation for which you are reasonably qualified. OR Earnings Definition: You are working, but you are unable to earn more than 80% of your pre-disability earnings because of sickness or accidental injury. |
| Sick Leave |
You must exhaust all of your sick leave before benefits are payable. |
| Pre-Existing Condition |
A pre-existing condition is a condition for which medical treatment or advice was rendered, prescribed or recommended within three (3) months prior to the employee's effective date of Long Term Disability insurance. After you have been insured under the Long Term Disability plan for a period of twelve (12) months, a medical condition will no longer be considered pre-existing. |
| Waiver of Premium |
Premiums are waived when LTD benefits begin. |
| EOI |
All previously eligible employees must complete an Evidence of Insurability form. |
| LTD Exclusions |
Disabilities resulting from war, suicide or felony, loss of a professional license, occupational license or certification, participation in a riot or while incarcerated. |
| Limitations |
24 months of benefits for mental nervous disorders or substance abuse. |
| Definition of Monthly Earnings |
Monthly Earnings will equal 1/12th of your rate of basic annual earnings on the later of
- the September 1st immediately prior to your Date of Disability; or
- the last date you were actively at work if not employed by your employer on the September 1st immediately prior to the Date of Disability.
Monthly Earnings includes
- Hazardous duty pay;
- Longevity pay;
- Employee contributions made through a salary reduction agreement with your employer to an IRC Section 401(k), 403(b), 501(c)(3), 457 deferred compensation plan, or any other qualified or non-qualified employee Retirement Plan or deferred compensation arrangement; and
- Amounts contributed to Your fringe benefits according to a salary reduction arrangement under an IRC Section 125 plan;
Monthly Earnings does not include
- Commissions;
- Bonuses;
- Overtime pay;
- Your employer’s contribution on your behalf to a Retirement Plan or deferred compensation arrangement; or
- Any other extra compensation.
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