Page 17 - FINAL - 2023 Heritage School Benefit Guide
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Voluntary Short-Term & Long-Term Disability:
MetLife
Heritage School offers Voluntary Short-Term Disability (STD) and
Voluntary Long-Term Disability (LTD) Insurance through MetLife.
STD—Short Term Disability (STD) insurance may help you replace a portion of your income
during the initial weeks of a Disability.
LTD—Long-Term Disability (LTD) insurance can help replace a portion of your income if
you’re unable to work for an extended period of time due to a sickness or accidental injury.
We have included a rate tables to
the right for STD and LTD.
STD may be calculated by taking 60% of
your WEEKLY salary or $1000 Max.
Divide that number by 10 and multiply by
the rate for your age.
[Example 35 yrs: (1000 / 10) * $0.435]
LTD may be calculated by taking 60% of
your MONTHLY salary or $5000 Max.
Divide that number by 100 and multiply
by the rate for your age.
[Example 35 yrs: (5000 / 100) * $0.424]
*If we can get 7 enrolled in STD & LTD
with MetLife, Heritage School will provide
$25,000 of Basic Life Insurance/AD&D for
each employee at NO ADDITIONAL cost.
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