Page 16 - 2013 Allied Printing Benefits & Notices
P. 16
Allied Printing Co., Inc. 2013
Short Term Disability (STD) Coverage (Voluntary)
To help protect your financial stability in the event you became
ill or disabled, Allied Printing provides a salary continuation plan
through a short-term disability program also through LFG.
Short Term Disability (STD) provides income protection in the
event you become temporarily disabled due to a non-work
related illness or injury. (If you remain disabled when your STD
benefits end, you may be eligible for LTD benefits which are
outline on the following page.)
This is a contributory plan and you are required to pay all of the
premium. Your STD benefits are outlines as follows:
STD Benefit
Weekly Benefit 60% of Pre-Disability Earnings
Minimum/Maximum Weekly Benefit 10% / $1,000
7 days for accident
Elimination Period
7 days for sickness
Benefit Duration 13 weeks Duration
Pre-Existing Condition Limitation None
Long Term Disability (LTD) Coverage
Long Term Disability (LTD) provides income to employees who are
disabled for an extended period of time. The LTD plan from LFG is
designed to help protect your income in the event that you are unable
to work due to a covered disability.
Your coverage effective date or any increase in coverage may be
delayed if you are disabled on the date coverage is scheduled to take
effect. Review the Summary Plan Description for details.
LTD Benefits
Class I Value Plan
(All Full-Time Employees)
Long Term Benefits 60% of Pre-Disability earnings
Progressive Income Benefit 10% of Pre-Disability earnings
(qualification requirements apply)
Total Available Benefit 70% of Pre-Disability earnings
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