Page 16 - NH Guide
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Disability Coverage
Short Term Disability
Short term disability (STD) provides you with a percentage of your
weekly income while you are out of work following a non-work related
accident or illness. Franke provides STD coverage at no cost to you,
following 12 months of continuous employment. The beneit will begin
after you have been disabled for seven days, you may receive two full
weeks of 100 percent pay for each completed calendar year of service
up to a maximum of 1,040 hours. You will then receive 50 percent pay
with beneits continuing for up to 26 weeks. Please refer to Franke’s STD
Plan Document for details concerning your requirement for use of PTO
during your disability absence.
Long Term Disability
Long term disability (LTD) protects your income by providing you with
a percentage of your income while you are disabled. Franke provides
an LTD beneit at no cost to you. In the event of an illness or accident
which requires a lengthy recovery which lasts longer than six months, you
may be eligible for a beneit up to 60 percent of your monthly salary, up
to a maximum of $10,000 per month for as long as you continue to be
disabled under the plan.
Franke
Disability Coverage
Short Term Disability
Short term disability (STD) provides you with a percentage of your
weekly income while you are out of work following a non-work related
accident or illness. Franke provides STD coverage at no cost to you,
following 12 months of continuous employment. The beneit will begin
after you have been disabled for seven days, you may receive two full
weeks of 100 percent pay for each completed calendar year of service
up to a maximum of 1,040 hours. You will then receive 50 percent pay
with beneits continuing for up to 26 weeks. Please refer to Franke’s STD
Plan Document for details concerning your requirement for use of PTO
during your disability absence.
Long Term Disability
Long term disability (LTD) protects your income by providing you with
a percentage of your income while you are disabled. Franke provides
an LTD beneit at no cost to you. In the event of an illness or accident
which requires a lengthy recovery which lasts longer than six months, you
may be eligible for a beneit up to 60 percent of your monthly salary, up
to a maximum of $10,000 per month for as long as you continue to be
disabled under the plan.
Franke
