Disability
Disability insurance provides financial protection if you’re unable to work due to illness or injury. It replaces a portion of your income, helping you manage everyday expenses and maintain stability while you recover. Short Term Disability (STD) typically covers temporary conditions, while Long Term Disability (LTD) offers extended support for more serious or long-lasting health issues. This coverage offers peace of mind, ensuring you’ll still receive a steady income if the unexpected happens.
Short Term Disability (STD)
Employees are eligible to receive STD benefits of up to 100% of your regular wages.
- Benefits are combined with any SDI payments for which the employee may be eligible.
- Benefits will continue for a period not to exceed 83 days (90 days less the State-imposed, seven-day waiting period).
*Partners are not eligible for STD.
Long Term Disability (LTD)
Employees and Partners are eligible to receive LTD benefits after 90 days of disability. The plan pays up to 60% of your eligible income to a maximum month benefit (not to exceed 100% of your monthly pre-disability earnings of your maximum monthly benefit, including all benefits under this plan). Benefit continues until you recover or reach your Social Security Normal Retirement Age (SSNRA), whichever is sooner.
- Non-Chiefs: $10,000
- Chiefs, Officers, and Directors: $20,000
- Partners: $35,000