Page 14 - 2017 Benefits Enrollment
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Voluntary Life Rates per Month per AD&D Insurance At-a-Glance
$1,000 of Coverage Liberty Mutual
Age Range Employee/ Eligibility Active full-time employee working at least 30 hours per week
AD&D Insurance—All Guaranteed Coverage
Spouse
Under 30 $0.060 Basic Employees receive 2x base salary up to a maximum of $350,000
30–34 $0.080 Voluntary 1, 1.5, 2, 2.5, or 3x pay to a maximum of $1,000,000
Dependent Voluntary AD&D
35–39 $0.090 Spouse only 60% of employee benefit
40–44 $0.100 Spouse and dependents 50% for spouse and 10% for dependents of employee benefit
45–49 $0.150 Dependent only 15% of employee amount
50–54 $0.230 Note: age restrictions may apply. Please contact Human Resources for additional details regarding the beneits
and rates.
55–59 $0.430
60–64 $0.660
65–69 $1.270 Disability
70 or more $2.060 Sulzer provides, at no cost to you, short term and long term disability.
Dependent Child $0.10
Life
Short Term Disability (STD)
Voluntary AD&D Our short term disability policy provides you with a percentage of your weekly
Voluntary Rates per month per income while you are out of work following a non-work related accident or illness.
$1,000 of Coverage
Employee Only $0.030
Employee + $0.040 STD Benefits At-a-Glance
Family Liberty Mutual
Benefit Amount See STD benefit amount table
STD Benefit Amount Cost Sulzer pays
Hours Paid at % of Basic Waiting Period 7 days for accident
Hire Weekly Earnings 7 days for illness
Date
100% 66% Duration Up to 26 weeks
7/2/11 0 hours 1,040 hours
1/1/11 80 hours 960 hours Long Term Disability (LTD)
1/1/09 160 hours 880 hours
1/1/07 320 hours 720 hours Long term disability (LTD) protects your family by providing you with a percentage
1/1/02 480 hours 560 hours of your income while you are disabled for a longer period than short term disability
1/1/97 640 hours 400 hours would otherwise cover.
1/1/92 800 hours 240 hours LTD Benefits At-a-Glance
Pre-1992 1,040 0 hours
hours Liberty Mutual
Benefit Amount 60% of your pre-disability earnings up to $10,000 maximum per month
Cost Sulzer pays
Waiting Period 180 days
Duration You will be covered for 24 months if unable to perform your own
occupation; you will be covered for up to age 65 or Social Security Normal
Retirement Age if you continue to be deemed disabled according to the
plan requirements
Sulzer
14
$1,000 of Coverage Liberty Mutual
Age Range Employee/ Eligibility Active full-time employee working at least 30 hours per week
AD&D Insurance—All Guaranteed Coverage
Spouse
Under 30 $0.060 Basic Employees receive 2x base salary up to a maximum of $350,000
30–34 $0.080 Voluntary 1, 1.5, 2, 2.5, or 3x pay to a maximum of $1,000,000
Dependent Voluntary AD&D
35–39 $0.090 Spouse only 60% of employee benefit
40–44 $0.100 Spouse and dependents 50% for spouse and 10% for dependents of employee benefit
45–49 $0.150 Dependent only 15% of employee amount
50–54 $0.230 Note: age restrictions may apply. Please contact Human Resources for additional details regarding the beneits
and rates.
55–59 $0.430
60–64 $0.660
65–69 $1.270 Disability
70 or more $2.060 Sulzer provides, at no cost to you, short term and long term disability.
Dependent Child $0.10
Life
Short Term Disability (STD)
Voluntary AD&D Our short term disability policy provides you with a percentage of your weekly
Voluntary Rates per month per income while you are out of work following a non-work related accident or illness.
$1,000 of Coverage
Employee Only $0.030
Employee + $0.040 STD Benefits At-a-Glance
Family Liberty Mutual
Benefit Amount See STD benefit amount table
STD Benefit Amount Cost Sulzer pays
Hours Paid at % of Basic Waiting Period 7 days for accident
Hire Weekly Earnings 7 days for illness
Date
100% 66% Duration Up to 26 weeks
7/2/11 0 hours 1,040 hours
1/1/11 80 hours 960 hours Long Term Disability (LTD)
1/1/09 160 hours 880 hours
1/1/07 320 hours 720 hours Long term disability (LTD) protects your family by providing you with a percentage
1/1/02 480 hours 560 hours of your income while you are disabled for a longer period than short term disability
1/1/97 640 hours 400 hours would otherwise cover.
1/1/92 800 hours 240 hours LTD Benefits At-a-Glance
Pre-1992 1,040 0 hours
hours Liberty Mutual
Benefit Amount 60% of your pre-disability earnings up to $10,000 maximum per month
Cost Sulzer pays
Waiting Period 180 days
Duration You will be covered for 24 months if unable to perform your own
occupation; you will be covered for up to age 65 or Social Security Normal
Retirement Age if you continue to be deemed disabled according to the
plan requirements
Sulzer
14
