Short-Term Disability
Administered by New York Life
Short-Term Disability Coverage
Benefit
Amount |
60 % of your base salary ( adjusted quarterly ), to a maximum of $ 1,200 per week . |
Benefits Begin |
After you have been unable to work due to illness or injury for 14 consecutive days . |
Benefit Duration |
11 weeks |
Pre-Existing Condition Limitations
You are not covered for :
• Disabilities resulting from a condition that occurred within 3 months before your coverage took effect , until you have been enrolled in the plan for the next 12 months .
If you enroll in STD during your New Hire Enrollment you are guaranteed coverage . If you do not enroll when you are first eligible and want to enroll in STD later , you must complete an Evidence of Insurability form and be approved for coverage by New York Life . Please note that if you are not working your regular full-time hours on your disability coverage effective date , your policy will not begin until you are back to work full-time and meet the eligibility requirements .
Long-Term Disability
Administered by New York Life
Long-Term Disability Coverage
Amount Benefits Begin Benefit Duration
Definition of Disability
Pre-existing Condition Limitations
Survivor Benefit
Benefit
60 % of your current salary , to a maximum of $ 5,000 per month After you have been unable to work due to illness or injury for 90 days Until the earlier of the date your disability ends or the date you reach Social Security retirement age You are considered Disabled if , solely because of Injury or Sickness , you are unable to perform the material duties of your Regular Occupation ; and unable to earn 80 % or more of your Indexed Earnings from working in your Regular Occupation . After Disability Benefits have been payable for 36 months , the Any Occupation definition of disability applies . You are not covered for :
• Disabilities resulting from a condition that occurred within 3 months before your coverage took effect , until you have been enrolled in the plan for the next 12 months .
If you die while receiving LTD benefits , your survivor will receive a single lump sum benefit equal to 3 months of the payments you were receiving while alive .
If you enroll in LTD during your New Hire Enrollment , you are guaranteed coverage . If you do not enroll when you are first eligible and want to enroll in LTD later , you must complete an Evidence of Insurability form and be approved by New York Life .
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