May 17, 2012
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Long Term Disability
Administered by the Standard Insurance Co.
Must be scheduled to work 24 or more hours per week
Voluntary Plan - Employee pays premium if he/she elects coverage.
Eligibility - first day of month following 90 days of employment
Benefit Waiting Period - 90 days
Monthly Benefit - 50% of earnings
Maximum Monthly Benefit - $6,000
Minimum Monthly Benefit - $100
Maximum Benefit Period - Age 65
Premium is Age Banded and ranges from .35 - 2.63 per $100 monthly pre-disability earnings.
Deduction taken on first, second, and third paycheck of the month
Copyright 2011 by Springfield Clinic
1025 South 6th Street
Springfield, Illinois 62703
800.444.7541 TDD 800.222.0857