Page 19 - Intertek 2021 Benefits Guide
P. 19
2021
Intertek 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
percentage of your weekly income while you are by providing you with a percentage of your income
unable to work due to a non-work related accident while you are disabled. You have the option of
or illness. Intertek ofers an STD plan at no cost purchasing Voluntary LTD coverage. Intertek
to you. Coverage is determined by your length of contributes 50% of the cost and you pay the
service with Intertek. remaining 50%. If you do not want to enroll for
voluntary LTD coverage you can opt out of the
Years of Service STD Beneit Less than 2 years of service beneit during enrollment.
Up to 6 weeks of disability 100% of earnings—Max of
$2,000 per week LTD Beneit
7 to 26 weeks of disability 60% of earnings—Max of Beneit percentage 60%
$1,200 per week
2 to 9 years of service Monthly beneit minimum Greater of $100 or 10%
Monthly beneit maximum
Up to 13 weeks of disability 100% of earnings—Max of $15,000
$2,000 per week Beneit waiting period 180 days or end of STD
14 to 26 weeks 60% of earnings—Max of beneits
$1,200 per week Beneit duration Until you no longer meet the
10 or more years of service deinition of disability or you
reach the maximum beneit
Up to 26 weeks of disability 100% of earnings—Max of duration
$2,000 per week Monthly rate $0.35 per $100 of covered
payroll
FMLA and Disability Leave
Your physical and inancial wellness is important to LTD Payment Example
Intertek. Intertek helps provide inancial protection beneits The cost for LTD coverage is $0.35 per $100 of
which support you and your dependents should you
become disabled and unable to work. To ile a disability monthly covered payroll. If your monthly salary is
or Family and Medical Leave Act (FMLA) claim, please $4,000 then the LTD cost is: $4,000/100 × $0.35
contact Lincoln Financial at 888.408.7300 or go online to
mylincolnportal.com. = $14.00 of monthly premium. You pay 50% of the
monthly premium.
19
Intertek 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
percentage of your weekly income while you are by providing you with a percentage of your income
unable to work due to a non-work related accident while you are disabled. You have the option of
or illness. Intertek ofers an STD plan at no cost purchasing Voluntary LTD coverage. Intertek
to you. Coverage is determined by your length of contributes 50% of the cost and you pay the
service with Intertek. remaining 50%. If you do not want to enroll for
voluntary LTD coverage you can opt out of the
Years of Service STD Beneit Less than 2 years of service beneit during enrollment.
Up to 6 weeks of disability 100% of earnings—Max of
$2,000 per week LTD Beneit
7 to 26 weeks of disability 60% of earnings—Max of Beneit percentage 60%
$1,200 per week
2 to 9 years of service Monthly beneit minimum Greater of $100 or 10%
Monthly beneit maximum
Up to 13 weeks of disability 100% of earnings—Max of $15,000
$2,000 per week Beneit waiting period 180 days or end of STD
14 to 26 weeks 60% of earnings—Max of beneits
$1,200 per week Beneit duration Until you no longer meet the
10 or more years of service deinition of disability or you
reach the maximum beneit
Up to 26 weeks of disability 100% of earnings—Max of duration
$2,000 per week Monthly rate $0.35 per $100 of covered
payroll
FMLA and Disability Leave
Your physical and inancial wellness is important to LTD Payment Example
Intertek. Intertek helps provide inancial protection beneits The cost for LTD coverage is $0.35 per $100 of
which support you and your dependents should you
become disabled and unable to work. To ile a disability monthly covered payroll. If your monthly salary is
or Family and Medical Leave Act (FMLA) claim, please $4,000 then the LTD cost is: $4,000/100 × $0.35
contact Lincoln Financial at 888.408.7300 or go online to
mylincolnportal.com. = $14.00 of monthly premium. You pay 50% of the
monthly premium.
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