INDEX
Introduction
Table of Contents
Policies in Process
Preliminaries
Policies
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Legal Authority and Governance
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University-wide
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Presidential Area
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Academic Affairs
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Business Affairs
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Student Life
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University Advancement
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Administrative Services
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Long-term Disability Insurance
The University provides several different long-term disability
insurance options for full time employees under the flexible benefits
plan. The options vary by salary levels and monthly maximum benefit.
All of the options provide the following benefits:
a monthly income equal to a percent of the employee's
monthly base wage less benefits from other sources;
a contribution to the employee's retirement account that
equals the total percent of base wage contributed by the
University and employee under the basic retirement plan;
a continuation of group term life insurance.
Full-time employees are eligible for long-term disability insurance
on the first of the month following sixty days of service. The
University pays the full premium for the option that provides 60% of
the monthly wage base less benefits due from other sources, such as
Social Security (up to a monthly benefit maximum of $5,000).
Long-term disability benefits begin the day after a 180-day waiting period. Accumulated sick days may be used during the waiting period, but the sick day benefit is no longer applicable after the 180-day waiting period. During this waiting period, life insurance and disability insurance benefits
continue. Medical insurance is continued for six months after the
onset of the disability.
Upon completion of the waiting period and the commencement of
disability benefits, the person ceases to be an active employee of
the institution and is responsible for the payment of all benefits
continued.
In recognition of their years of service, those on disability are provided tickets to attend University-sponsored activities, are entitled to library privileges, and are entitled to 100% tuition reduction. Those with more than ten years of service receive lifetime membership in the Recreation Association.
Definitions
An employee is disabled when s/he is limited from performing the
material and substantial duties of his or her regular occupation due
to his or her sickness or injury. After 24 months of disability, the
definition changes. An employee is then disabled when s/he is unable
to perform the duties of any gainful occupation for which s/he is
reasonably fitted by education, training, or experience.
Procedures
Brochures describing long-term disability insurance are available in Human
Resources. Employees receive separate brochures upon eligibility.
Related Policies and Committees
Policy - Flexible Benefits
History of the Policy
01/27/73 - Approved by the Board of Trustees
04/07/00 - Revision approved by the President of the University as recommended by the Policy Committee of the University
07/01/00 - Clarification of effective date of eligibility
01/17/06 - Addition of paragaph re additional privileges
11/14/08 - Clarification of manner in which banked sick days can be applied
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