Page 43 - SIH 2022 Re-Enrollment Guide
P. 43
2022
SIH Benefits Re-Enrollment
SHORT TERM DISABILITY
This coverage is an important part of your inancial After a 5-calendar day/40-hour elimination period,
security should you become disabled due to an 60% of your weekly pre-disability earnings up to
accident or illness and are unable to work for a $10,000 per week maximum is paid directly to you in
period of time. Short Term Disability is FREE for full- the event of a disability claim approval up to a 90-
time employees after one year of full-time service. day duration. You may choose to utilize your ETO to
Coverage begins on the irst of the month following supplement the remaining 40% of your pay.
one year of full-time service.
Short Term Disability is administered by our SIH
Leave of Absence department.
LONG TERM DISABILITY AND BUY-UP
Long Term Disability Long Term Disability—Buy-Up
Long Term Disability protection helps replace a You can select an additional 10% of Long Term
portion of your income for the “long term,” resulting Disability Coverage for a total of 60% of covered
from a covered injury or sickness. Long Term pre-disability earnings. Total monthly earnings will
Disability is FREE for full-time employees after one not exceed $10,000.
year of full-time service. Coverage begins on the irst
of the month following one year of full-time service. Selection for the 10% Buy-Up must be made when
you irst become eligible. If you are selecting
After a 90-calendar day elimination period, 50% coverage during re-enrollment, then medical
of your pre-disability earnings up to a monthly underwriting is required.
maximum of $10,000 is paid to you in the event of a
disability claim approval up to the beneit duration.* Long Term Disability Buy-Up Coverage is
administered by New York Life Group Beneit
Long Term Disability is administered by New York Solution.
Life Group Beneit Solution.
* This represents what the majority of employees are provided.
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SIH Benefits Re-Enrollment
SHORT TERM DISABILITY
This coverage is an important part of your inancial After a 5-calendar day/40-hour elimination period,
security should you become disabled due to an 60% of your weekly pre-disability earnings up to
accident or illness and are unable to work for a $10,000 per week maximum is paid directly to you in
period of time. Short Term Disability is FREE for full- the event of a disability claim approval up to a 90-
time employees after one year of full-time service. day duration. You may choose to utilize your ETO to
Coverage begins on the irst of the month following supplement the remaining 40% of your pay.
one year of full-time service.
Short Term Disability is administered by our SIH
Leave of Absence department.
LONG TERM DISABILITY AND BUY-UP
Long Term Disability Long Term Disability—Buy-Up
Long Term Disability protection helps replace a You can select an additional 10% of Long Term
portion of your income for the “long term,” resulting Disability Coverage for a total of 60% of covered
from a covered injury or sickness. Long Term pre-disability earnings. Total monthly earnings will
Disability is FREE for full-time employees after one not exceed $10,000.
year of full-time service. Coverage begins on the irst
of the month following one year of full-time service. Selection for the 10% Buy-Up must be made when
you irst become eligible. If you are selecting
After a 90-calendar day elimination period, 50% coverage during re-enrollment, then medical
of your pre-disability earnings up to a monthly underwriting is required.
maximum of $10,000 is paid to you in the event of a
disability claim approval up to the beneit duration.* Long Term Disability Buy-Up Coverage is
administered by New York Life Group Beneit
Long Term Disability is administered by New York Solution.
Life Group Beneit Solution.
* This represents what the majority of employees are provided.
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