Page 29 - 2017 US Benefits Guide - for all Capgemni employees in the FS SBU
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Long Term Disability How the Disability Plans work with
other disability benefits.
Long Term Disability for Non-Officers and Directors
The LTD program will provide you with income in the event that you remain disabled after Monthly beneits from the Disability Plans
will be reduced by any other disability
60 days, subject to the plan’s maximum duration of beneits provision. The beneit is based beneits you receive, such as any state
on 60% of your monthly earnings, up to a maximum monthly beneit of $12,000. Capgemini disability beneits, Social Security or
provides the coverage at no cost to you and therefore the beneits paid to you are subject Workers’ Compensation. For more detailed
to income taxes.
information, please refer to the Summary
LTD Maximum Benefit for Non-Officers and Directors Plan Descriptions for these plans.
LTD Plan Component Benefit Maximum Monthly Benefit What do monthly earnings include?
LTD – Taxable Benefit 60% of Monthly Earnings $12,000 Monthly earnings include your current
gross annual base salary, divided by 12.
Long Term Disability for Officers and Directors Bonus, commissions or any other extra
The LTD program will provide you with income in the event that you remain disabled after compensation is not included in your
three months, subject to the plan’s maximum duration of beneits provision. The beneit monthly earnings for LTD purposes.
is based on 60% of your monthly earnings, up to a maximum monthly beneit of $20,000.
Capgemini includes the cost of your Employer-paid coverage in your taxable income so
the beneit paid to you is not subject to income taxes.
LTD Maximum Benefit for Officers and Directors
LTD Plan Component Benefit Maximum Monthly Benefit
LTD – Non-taxable Benefit 60% of Monthly Earnings $20,000
Beneits due to mental illness, a nervous disorder or substance abuse will be payable for no more than 24 months
during your lifetime, unless you are conined to a hospital.
CAPGEMINI 2017 BENEFITS GUIDE 26
other disability benefits.
Long Term Disability for Non-Officers and Directors
The LTD program will provide you with income in the event that you remain disabled after Monthly beneits from the Disability Plans
will be reduced by any other disability
60 days, subject to the plan’s maximum duration of beneits provision. The beneit is based beneits you receive, such as any state
on 60% of your monthly earnings, up to a maximum monthly beneit of $12,000. Capgemini disability beneits, Social Security or
provides the coverage at no cost to you and therefore the beneits paid to you are subject Workers’ Compensation. For more detailed
to income taxes.
information, please refer to the Summary
LTD Maximum Benefit for Non-Officers and Directors Plan Descriptions for these plans.
LTD Plan Component Benefit Maximum Monthly Benefit What do monthly earnings include?
LTD – Taxable Benefit 60% of Monthly Earnings $12,000 Monthly earnings include your current
gross annual base salary, divided by 12.
Long Term Disability for Officers and Directors Bonus, commissions or any other extra
The LTD program will provide you with income in the event that you remain disabled after compensation is not included in your
three months, subject to the plan’s maximum duration of beneits provision. The beneit monthly earnings for LTD purposes.
is based on 60% of your monthly earnings, up to a maximum monthly beneit of $20,000.
Capgemini includes the cost of your Employer-paid coverage in your taxable income so
the beneit paid to you is not subject to income taxes.
LTD Maximum Benefit for Officers and Directors
LTD Plan Component Benefit Maximum Monthly Benefit
LTD – Non-taxable Benefit 60% of Monthly Earnings $20,000
Beneits due to mental illness, a nervous disorder or substance abuse will be payable for no more than 24 months
during your lifetime, unless you are conined to a hospital.
CAPGEMINI 2017 BENEFITS GUIDE 26
