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 more...>About Us>Human Resource Management>Benefits>Insurance>

Disability Income Insurance

The long-term disability insurance program underwritten by the Hartford Financial Services Group provides affordable financial protection against a disabling illness or injury.


Major Points of the Program
  • Pays up to 60% of the employee's salary at the time of disability up to $12,000 per month. (Employees who chose the 66.67% rate which was available prior to January 1, 2001, continue to have the higher benefit coverage but with a cap of $9,000 per month.)
  • Benefits are coordinated with other benefits received (e.g., social security, retirement, worker's compensation, etc.).
  • Payments begin after the employee is totally disabled for 90 consecutive days and after all sick leave is exhausted.


Eligibility for Enrollment

Employees appointed for more than 120 days and 75% of full-time or greater are eligible for enrollment.


Effective Date of Coverage

  • New employees have 30 days to either enroll for or waive coverage under this plan. Coverage is effective on the first day of the month following date of employment.
  • Employees who do not enroll for coverage within the first 30 days and later wish to pick up coverage must provide evidence of insurability and be approved for coverage.


Calculation Method for Monthly Rates and Examples

Premium rates are .553% of income deducted from each paycheck which uses a replacement rate of 60% of income.  Examples are:

Monthly Salary  

Monthly Premium

$2,000

$11.06

$2,500

$13.83

$3,000

$16.59

$3,500

$19.36

$4,000

$22.12



Forms

Last Updated: 2/27/2013 2:06:42 PM


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