Page 19 - Intertek 2022 Benefits Guide
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2022 Benefits Guide
Disability
Employees are eligible for disability beneits on the 1st of the month following 180 days of service as an Intertek
employee.
Short Term Disability Long Term Disability
Short Term Disability (STD) provides you with a Long Term Disability (LTD) protects your income by
percentage of your weekly income while you are providing you with a percentage of your income while
unable to work due to a non-work related accident or you are disabled. You have the option of purchasing
illness. Intertek ofers an STD plan at no cost to you. Voluntary LTD coverage. Intertek contributes 50% of
Coverage is determined by your length of service with the cost and you pay the remaining 50%. If you do not
Intertek. want to enroll for voluntary LTD coverage you can opt
out of the beneit during enrollment.
Years of Service STD Beneit Less than 2 years of service
100% of earnings—Max of LTD Beneit
Up to 6 weeks of disability
$2,000 per week Beneit percentage 60%
60% of earnings—Max of
7 to 26 weeks of disability Monthly beneit minimum Greater of $100 or 10%
$1,200 per week Monthly beneit maximum $15,000
2 to 9 years of service 180 days or end of STD
100% of earnings—Max of Beneit waiting period
Up to 13 weeks of disability beneits
$2,000 per week Until you no longer meet the
60% of earnings—Max of deinition of disability or you
14 to 26 weeks Beneit duration
$1,200 per week reach the maximum beneit
10 or more years of service duration
100% of earnings—Max of $0.35 per $100 of covered
Up to 26 weeks of disability Monthly rate
$2,000 per week payroll
LTD Payment Example
FMLA and Disability Leave The cost for LTD coverage is $0.35 per $100 of monthly
Your physical and inancial wellness is important to covered payroll. If your monthly salary is $4,000
Intertek. Intertek helps provide inancial protection then the LTD cost is: $4,000/100 × $0.35 = $14.00
beneits which support you and your dependents should of monthly premium. You pay 50% of the monthly
you become disabled and unable to work. To ile a premium.
disability or Family and Medical Leave Act (FMLA) claim,
please contact Lincoln Financial at 888.408.7300 or go
online to mylincolnportal.com.
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Disability
Employees are eligible for disability beneits on the 1st of the month following 180 days of service as an Intertek
employee.
Short Term Disability Long Term Disability
Short Term Disability (STD) provides you with a Long Term Disability (LTD) protects your income by
percentage of your weekly income while you are providing you with a percentage of your income while
unable to work due to a non-work related accident or you are disabled. You have the option of purchasing
illness. Intertek ofers an STD plan at no cost to you. Voluntary LTD coverage. Intertek contributes 50% of
Coverage is determined by your length of service with the cost and you pay the remaining 50%. If you do not
Intertek. want to enroll for voluntary LTD coverage you can opt
out of the beneit during enrollment.
Years of Service STD Beneit Less than 2 years of service
100% of earnings—Max of LTD Beneit
Up to 6 weeks of disability
$2,000 per week Beneit percentage 60%
60% of earnings—Max of
7 to 26 weeks of disability Monthly beneit minimum Greater of $100 or 10%
$1,200 per week Monthly beneit maximum $15,000
2 to 9 years of service 180 days or end of STD
100% of earnings—Max of Beneit waiting period
Up to 13 weeks of disability beneits
$2,000 per week Until you no longer meet the
60% of earnings—Max of deinition of disability or you
14 to 26 weeks Beneit duration
$1,200 per week reach the maximum beneit
10 or more years of service duration
100% of earnings—Max of $0.35 per $100 of covered
Up to 26 weeks of disability Monthly rate
$2,000 per week payroll
LTD Payment Example
FMLA and Disability Leave The cost for LTD coverage is $0.35 per $100 of monthly
Your physical and inancial wellness is important to covered payroll. If your monthly salary is $4,000
Intertek. Intertek helps provide inancial protection then the LTD cost is: $4,000/100 × $0.35 = $14.00
beneits which support you and your dependents should of monthly premium. You pay 50% of the monthly
you become disabled and unable to work. To ile a premium.
disability or Family and Medical Leave Act (FMLA) claim,
please contact Lincoln Financial at 888.408.7300 or go
online to mylincolnportal.com.
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