Page 17 - 2019 Intertek
P. 17
INTERTEK
DISABILITY FMLA and Disability
Employees are eligible for disability beneits on the 1st of the month Leave
following 180 days of service as an Intertek employee. Your physical and inancial wellness
is important to Intertek. Intertek
helps provide inancial protection
Short Term Disability beneits which support you and your
Short Term Disability (STD) provides you with a percentage of your dependents should you become
weekly income while you are unable to work due to a non-work related disabled and unable to work. To ile a
disability or Family and Medical Leave
accident or illness. Intertek ofers an STD plan at no cost to you. Act (FMLA) claim, please contact
Coverage is determined by your length of service with Intertek. Lincoln Financial at 888.408.7300 or
go online to mylincolnportal.com
Years of Service STD Beneit
Less than 2 years of service
Up to 6 weeks of disability 100% of earnings—Max of $2,000 per week
7 to 26 weeks of disability 60% of earnings—Max of $1,200 per week
2 to 9 years of service
Up to 13 weeks of disability 100% of earnings—Max of $2,000 per week
14 to 26 weeks 60% of earnings—Max of $1,200 per week
10 Or more years of service
Up to 26 weeks of disability 100% of earnings—Max of $2,000 per week
Long Term Disability
Long Term Disability (LTD) protects your income by providing you
with a percentage of your income while you are disabled. You have
the option of purchasing Voluntary LTD coverage. Intertek contributes
50% of the cost and you pay the remaining 50%. If you do not want to
enroll for voluntary LTD coverage you can opt out of the beneit during
enrollment.
LTD Beneit
Beneit percentage 60%
Monthly beneit minimum Greater of $100 or 10%
Monthly beneit maximum $15,000
Beneit waiting period 180 days or end of STD beneits
Beneit duration Until you no longer meet the deinition of disability or
you reach the maximum beneit duration
Monthly rate $0.321 per $100 of covered payroll
LTD Payment Example
The cost for LTD coverage is $0.321 per $100 of monthly covered
payroll. If your monthly salary is $4,000 then the LTD cost is:
$4,000/100 × $0.321 = $12.84 of monthly premium. You pay 50% of
the monthly premium.
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DISABILITY FMLA and Disability
Employees are eligible for disability beneits on the 1st of the month Leave
following 180 days of service as an Intertek employee. Your physical and inancial wellness
is important to Intertek. Intertek
helps provide inancial protection
Short Term Disability beneits which support you and your
Short Term Disability (STD) provides you with a percentage of your dependents should you become
weekly income while you are unable to work due to a non-work related disabled and unable to work. To ile a
disability or Family and Medical Leave
accident or illness. Intertek ofers an STD plan at no cost to you. Act (FMLA) claim, please contact
Coverage is determined by your length of service with Intertek. Lincoln Financial at 888.408.7300 or
go online to mylincolnportal.com
Years of Service STD Beneit
Less than 2 years of service
Up to 6 weeks of disability 100% of earnings—Max of $2,000 per week
7 to 26 weeks of disability 60% of earnings—Max of $1,200 per week
2 to 9 years of service
Up to 13 weeks of disability 100% of earnings—Max of $2,000 per week
14 to 26 weeks 60% of earnings—Max of $1,200 per week
10 Or more years of service
Up to 26 weeks of disability 100% of earnings—Max of $2,000 per week
Long Term Disability
Long Term Disability (LTD) protects your income by providing you
with a percentage of your income while you are disabled. You have
the option of purchasing Voluntary LTD coverage. Intertek contributes
50% of the cost and you pay the remaining 50%. If you do not want to
enroll for voluntary LTD coverage you can opt out of the beneit during
enrollment.
LTD Beneit
Beneit percentage 60%
Monthly beneit minimum Greater of $100 or 10%
Monthly beneit maximum $15,000
Beneit waiting period 180 days or end of STD beneits
Beneit duration Until you no longer meet the deinition of disability or
you reach the maximum beneit duration
Monthly rate $0.321 per $100 of covered payroll
LTD Payment Example
The cost for LTD coverage is $0.321 per $100 of monthly covered
payroll. If your monthly salary is $4,000 then the LTD cost is:
$4,000/100 × $0.321 = $12.84 of monthly premium. You pay 50% of
the monthly premium.
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