Administered by The Standard

• Description: Income protection insurance. Ninety day elimination period covering approximately 60% of base salary (limitations apply). Available only to employees who work full time, 30 hours per week

• Cost: Benefit provided by the University at no cost to the employee

• Effective date: Effective on the first day of the month following 90 days from date of hire

LTD insurance is provided to all regular full-time employees after the completion of the 90-calendar day initial evaluation period.  Upon 90 calendar days of continuous disability, this benefit will provide employees with a monthly income of 60% of their base salary up to a maximum of $5,000 per month, less the sum of benefits from other sources, (i.e. social security) for as long as the employee continues to meet the definition of disability up to the age of 65.  In addition, this benefit provides a monthly Annuity Premium Benefit for retirement plan participants.  Employees may obtain the specific terms and conditions pertaining to the disability program from the Human Resources department.

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