Page 19 - Watkins Associated Industries, Inc - 2022 Benefits Guide

BENEFIT COSTS (CONTINUED)

Short-Term Disability Long-Term Disability

Company Paid Short-Term Disability for Hourly Employees Employee Paid Long-Term Disability for Hourly Employees

The plan provides 50% of your earnings, up to $577 weekly The plan provides 60% of your earnings, up to $2,500 monthly
Rate/$10 of Weekly Benefit Rates per $100 of Earning
$0.460 Age Band See Below
Age Rates per $100 of earnings
Company Paid Short-Term Disability for Salary Employees < 35 $0.55

The plan provides 50% of your earnings, up to $1000 weekly 35-44 $0.83
Rate/$10 of Weekly Benefit 45-54 $1.72
$0.460 55-64 $3.44
65 + $4.11
STD Buy-Up

Employee Paid Long-Term Disability for Salary Employees
Employee Paid Short-Term Disability Buy-Up for Hourly Employee
The plan provides 60% of your earnings, up to $7,500 monthly
The plan provides 67 % of your earnings, up to $1700 weekly
Rates per $100 of Earning
Rate/$10 of Weekly Benefit
Any Age – $0.56
$0.570

Employee Paid Short-Term Disability Buy-Up for Salary Employees
The plan provides 67% of your earnings, up to $1,700 weekly.
Rate/$10 of Weekly Benefit

$0.570

WELLBEING
WELCOME BENEFIT BASICS MEDICAL DENTAL VISION HSA FSA DISABILITY/LIFE ADDITIONAL BENEFITS 401(k) CONTACTS 19
PROGRAM