APPENDIX B - 2020 Rates Short Term Disability
Option 3 : Your weekly Short Term Disability benefit will be 60 % of your weekly pre-disability earnings , up to a maximum of $ 1,250 , less deductible sources of income . No medical questions asked - if enrolling when first eligible .*
" How much does STD insurance cost ?"
Use the chart below to find the cost of STD insurance . If your salary is not noted , follow the steps below . Your maximum weekly benefit amount is up to $ 1,250 . All salaries of $ 108,333 and above have a bi-weekly cost of $ 22.50 .
Short Term Disability - Employee Bi-Weekly Cost per Coverage Amount
Annual Income |
Weekly Benefit |
STD Cost |
Annual Income |
Weekly Benefit |
STD Cost |
$ 12,000 |
$ 138.46 |
$ 2.49 |
$ 55,000 |
$ 634.62 |
$ 11.42 |
$ 13,000 |
$ 150.00 |
$ 2.70 |
$ 60,000 |
$ 692.31 |
$ 12.46 |
$ 14,000 |
$ 161.54 |
$ 2.91 |
$ 65,000 |
$ 750.00 |
$ 13.50 |
$ 15,000 |
$ 173.08 |
$ 3.12 |
$ 70,000 |
$ 807.69 |
$ 14.54 |
$ 20,000 |
$ 230.77 |
$ 4.15 |
$ 75,000 |
$ 865.38 |
$ 15.58 |
$ 25,000 |
$ 288.46 |
$ 5.19 |
$ 80,000 |
$ 923.08 |
$ 16.62 |
$ 30,000 |
$ 346.15 |
$ 6.23 |
$ 85,000 |
$ 980.77 |
$ 17.65 |
$ 35,000 |
$ 403.85 |
$ 7.27 |
$ 90,000 |
$ 1,038.46 |
$ 18.69 |
$ 40,000 |
$ 461.54 |
$ 8.31 |
$ 95,000 |
$ 1,096.15 |
$ 19.73 |
$ 45,000 |
$ 519.23 |
$ 9.35 |
$ 100,000 |
$ 1,153.85 |
$ 20.77 |
$ 50,000 |
$ 576.92 |
$ 10.38 |
$ 108,333 |
$ 1,250.00 |
$ 22.50 |
Rates may change if plan experience requires a change for all insureds .
How to Calculate Your Total STD Bi-Weekly Cost
Step 1 Indicate your weekly earnings . =$ Step 2 Multiply your weekly earnings by 60 %. = $
Step 3
Step 4
Step 5
If the amount in Step 2 is greater than $ 1,250 , indicate $ 1,250 . Otherwise , indicate the amount from Step 2 .
Multiply the amount in Step 3 by the rate of $ 0.039 to obtain your total STD monthly cost .
Multiply the amount in Step 4 by 12 and divide by 26 to obtain your total STD bi-weekly cost .
=$
=$
=$
Injury / Accident premiums
MODE EE EE + SP EE + CH F
Bi-Weekly Monthly
$ 5.50 $ 10.04 $ 10.88 $ 13.18 $ 11.92 $ 21.72 $ 23.55 $ 28.52
EE = Employee ; EE + SP = Employee + Spouse ; EE + CH = Employee + Child ( ren ); and F = Family Issue Ages : 18 and over if Actively at Work
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