Page 19 - Fontbonne 2021 New Hire Guide
P. 19
2021
Fontbonne University Enrollment Guide
DISABILITY
Long Term Disability (LTD) Short Term Disability
You will be eligible to receive a monthly LTD beneit We recognize the hardship a non-work related injury
if you meet the deinition of disability (see below). or illness resulting in lost time from work can have for
LTD beneits begin after 90 consecutive days of you and your family. In order to have protection for
disability, and are equivalent to 60% of your monthly income lost due to an extended absence from work,
earnings to $6,000. The maximum duration for you are provided disability protection at no cost to
receiving LTD beneits is to age 65 or your Social you by Fontbonne University.
Security Normal Retirement Age.
If you meet the deinition of disability as determined
Definition of Disability by Lincoln Financial, you will be eligible to receive a
You are disabled when Lincoln Financial beneit equal to 66 2/3% your pre-disability earnings,
to a maximum of $1,500 per week for 13 weeks.
determines—due to your injury, or illness—you are Your STD beneits may be reduced by the amount of
receiving appropriate care and treatment from a other income you receive for the same disability. The
doctor on a continuing basis, while unable to perform elimination period—the length of time of continuous
one or more of the essential duties of the following. disability which must be satisied before you are
Your occupation during the elimination period eligible to receive beneits—is seven days.
Your occupation, for the two year(s) following
the elimination period, and as a result your Definition of Disability
current monthly earnings are less than 80% of You are considered to have a disability when Lincoln
your indexed pre-disability earnings Financial determines—due to your injury or illness—
After two years, any occupation you are unable to perform the duties of your job
and are earning less than 20% of your pre-disability
If, at the end of the elimination period, you are earnings.
prevented from performing one or more of the
essential duties of your occupation, but your current
monthly earnings are greater than 80% of your pre-
disability earnings, your elimination period will be
extended for a total period of 12 months from the
original date of disability, or until such time as your
current monthly earnings are less than 80% of your
pre-disability earnings (whichever occurs irst).
19
Fontbonne University Enrollment Guide
DISABILITY
Long Term Disability (LTD) Short Term Disability
You will be eligible to receive a monthly LTD beneit We recognize the hardship a non-work related injury
if you meet the deinition of disability (see below). or illness resulting in lost time from work can have for
LTD beneits begin after 90 consecutive days of you and your family. In order to have protection for
disability, and are equivalent to 60% of your monthly income lost due to an extended absence from work,
earnings to $6,000. The maximum duration for you are provided disability protection at no cost to
receiving LTD beneits is to age 65 or your Social you by Fontbonne University.
Security Normal Retirement Age.
If you meet the deinition of disability as determined
Definition of Disability by Lincoln Financial, you will be eligible to receive a
You are disabled when Lincoln Financial beneit equal to 66 2/3% your pre-disability earnings,
to a maximum of $1,500 per week for 13 weeks.
determines—due to your injury, or illness—you are Your STD beneits may be reduced by the amount of
receiving appropriate care and treatment from a other income you receive for the same disability. The
doctor on a continuing basis, while unable to perform elimination period—the length of time of continuous
one or more of the essential duties of the following. disability which must be satisied before you are
Your occupation during the elimination period eligible to receive beneits—is seven days.
Your occupation, for the two year(s) following
the elimination period, and as a result your Definition of Disability
current monthly earnings are less than 80% of You are considered to have a disability when Lincoln
your indexed pre-disability earnings Financial determines—due to your injury or illness—
After two years, any occupation you are unable to perform the duties of your job
and are earning less than 20% of your pre-disability
If, at the end of the elimination period, you are earnings.
prevented from performing one or more of the
essential duties of your occupation, but your current
monthly earnings are greater than 80% of your pre-
disability earnings, your elimination period will be
extended for a total period of 12 months from the
original date of disability, or until such time as your
current monthly earnings are less than 80% of your
pre-disability earnings (whichever occurs irst).
19
