Long-term Disability Information
Eligibility: All eligible full-time 9 month, 10 month, and 12 month employees electing Plan 2.
Contribution: You pay the cost of your coverage.
Coverage amount: 60% of your monthly earnings to a maximum of $6,000 per month.
Elimination period: 180 days.
Evidence of insurability: A health statement may be required.
Pre-existing conditions: 3 months lookback; 12 months after effective date of coverage.
Maximum benefit period: Social Security Normal Retirement Age (SSNRA) or maximum benefit period outlined below, whichever is later:
| Age of Disability | Maximum Benefit Period |
|---|---|
| Under 60 | To age 65 (but not less than five years) |
| 60 | 60 months |
| 61 | 48 months |
| 62 | 42 months |
| 63 | 36 months |
| 64 | 30 months |
| 65 | 24 months |
| 66 | 21 months |
| 67 | 18 months |
| 68 | 15 months |
| 69+ | 12 months |
Long-term disability rate information:
| Age Range | Monthly premium rate per $100 |
|---|---|
| 0 - 24 | $0.100 |
| 25 - 29 | $0.100 |
| 30 - 34 | $0.120 |
| 35 - 39 | $0.151 |
| 40 - 44 | $0.215 |
| 45 - 49 | $0.325 |
| 50 - 54 | $0.483 |
| 55 - 59 | $0.634 |
| 60 - 64 | $0.667 |
| 65 - 69 | $0.714 |
| 70 - 74 | $0.890 |
| 75+ | $1.277 |
Exclusions, limitations, and reductions
Like any insurance, this long-term disability insurance policy does have some exclusions. You won’t receive benefits if:
- Your disability is the result of a self-inflicted injury or act of war
- Your disability occurs while you’re committing a felony or misdemeanor, or participating in a riot
- Your disability occurs while you’re imprisoned for committing a felony
Your benefits may be reduced if you’re eligible to receive benefits from:
- A state disability plan or similar compulsory benefit act or law
- A retirement plan
- Social Security
- Any form of employment
- Workers’ compensation
- Salary continuance
- Sick leave
This is an incomplete list of benefit exclusions. A complete list is included in the policy. State variations apply.