Your Long Term Disability Coverage Insurance Orientation and Education
This presentation details long-term disability coverage options available in 2025. Employees can automatically enroll in basic coverage at no cost when enrolling in health insurance, featuring a 90-day benefit waiting period and monthly benefits up to 62.5% of predisease earnings, capped at $800. Supplemental coverage is also offered, allowing for higher coverage amounts based on an employee's age and salary. Important premium factors are outlined along with a disclaimer about the nature of the benefits presented.
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Presentation Transcript
Your long term disability coverage Insurance Orientation and Education 2025
Basic Long Term Disability Automatically enrolled at no cost if you enroll in health insurance. 90-day benefit waiting period. Monthly benefit up to 62.5% of predisability earnings, reduced by deductible income. Maximum $800 monthly benefit. 2
Supplemental Long Term Disability Optional coverage with premiums based on employee s age, salary and benefit waiting period. Choice of two plans: 90-day benefit waiting period; or 180-day benefit waiting period. Monthly benefit up to 65% of predisability earnings, reduced by deductible income. Maximum $8,000 monthly benefit. Maximum benefit period is determined by employee s age when disability begins. 3
2025 Monthly SLTD premium factors Multiply the premium factor for your age and plan selection by your monthly earnings to determine your monthly premium. You can also calculate your premium at www.standard.com/mybenefits/scpeba. Age preceding January 1 90-day 180-day waiting period waiting period Under 31 0.00065 0.00050 31-40 0.00089 0.00069 41-50 0.00176 0.00134 51-60 0.00355 0.00273 61-65 0.00427 0.00327 66 and older 0.00522 0.00401 4
Disclaimer This presentation does not constitute a comprehensive or binding representation of the employee benefit programs PEBA administers. The terms and conditions of the employee benefit programs PEBA administers are set out in the applicable statutes and plan documents and are subject to change. Benefits administrators and others chosen by your employer to assist you with your participation in these employee benefit programs are not agents or employees of PEBA and are not authorized to bind PEBA or make representations on behalf of PEBA. Please contact PEBA for the most current information. The language used in this presentation does not create any contractual rights or entitlements for any person. 5
