Page 16 - 2017 Benefits Enrollment
P. 16
2017 New Hire Guide
Disability FMLA and Disability
Employees are eligible for disability beneits on the 1st of the month Leave
following 180 days of service as an Intertek employee. Your physical and inancial wellness
is important to Intertek. Intertek
Short Term Disability helps provide inancial protection
beneits which support you and
Short Term Disability (STD) provides you with a percentage of your your dependents should you
weekly income while you are unable to work due to a non-work related become disabled and unable to
accident or illness. Intertek offers an STD plan at no cost to you. work. To ile a disability or Family
and Medical Leave Act (FMLA)
Coverage is determined by your length of service with Intertek. claim, please contact Liberty Mutual
at 800.713.7384 or go online to
Years of Service STD Beneit mylibertyconnection.com.
Less than 2 years of service
Up to 6 weeks of disability 100% of earnings—Max of $2,000 per week
7 to 26 weeks of disability 60% of earnings—Max of $1,200 per week
2 to 9 years of service
Up to 13 weeks of disability 100% of earnings—Max of $2,000 per week
14 to 26 weeks 60% of earnings—Max of $1,200 per week
10 Or more years of service
Up to 26 weeks of disability 100% of earnings—Max of $2,000 per week
Long Term Disability
Long Term Disability (LTD) protects your income by providing you with LTD Payment Example
a percentage of your income while you are disabled. You have the The cost for LTD coverage is
option of purchasing Voluntary LTD coverage. Intertek contributes 50 $0.321 per $100 of monthly
percent of the cost and you pay the remaining 50 percent. If you do covered payroll. If your monthly
not want to enroll for voluntary LTD coverage you can opt out of the salary is $4,000 then the LTD
beneit during enrollment. cost is: $4,000/100 x $0.321 =
$12.84 of monthly premium. You
LTD Beneit
Beneit percentage 60% pay 50 percent of the monthly
Monthly beneit minimum Greater of $100 or 10% premium.
Monthly beneit maximum $15,000
Beneit waiting period 180 days or end of STD beneits
Beneit duration Until you no longer meet the deinition of disability or
you reach the maximum beneit duration
Monthly rate $0.321 per $100 of covered payroll
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Disability FMLA and Disability
Employees are eligible for disability beneits on the 1st of the month Leave
following 180 days of service as an Intertek employee. Your physical and inancial wellness
is important to Intertek. Intertek
Short Term Disability helps provide inancial protection
beneits which support you and
Short Term Disability (STD) provides you with a percentage of your your dependents should you
weekly income while you are unable to work due to a non-work related become disabled and unable to
accident or illness. Intertek offers an STD plan at no cost to you. work. To ile a disability or Family
and Medical Leave Act (FMLA)
Coverage is determined by your length of service with Intertek. claim, please contact Liberty Mutual
at 800.713.7384 or go online to
Years of Service STD Beneit mylibertyconnection.com.
Less than 2 years of service
Up to 6 weeks of disability 100% of earnings—Max of $2,000 per week
7 to 26 weeks of disability 60% of earnings—Max of $1,200 per week
2 to 9 years of service
Up to 13 weeks of disability 100% of earnings—Max of $2,000 per week
14 to 26 weeks 60% of earnings—Max of $1,200 per week
10 Or more years of service
Up to 26 weeks of disability 100% of earnings—Max of $2,000 per week
Long Term Disability
Long Term Disability (LTD) protects your income by providing you with LTD Payment Example
a percentage of your income while you are disabled. You have the The cost for LTD coverage is
option of purchasing Voluntary LTD coverage. Intertek contributes 50 $0.321 per $100 of monthly
percent of the cost and you pay the remaining 50 percent. If you do covered payroll. If your monthly
not want to enroll for voluntary LTD coverage you can opt out of the salary is $4,000 then the LTD
beneit during enrollment. cost is: $4,000/100 x $0.321 =
$12.84 of monthly premium. You
LTD Beneit
Beneit percentage 60% pay 50 percent of the monthly
Monthly beneit minimum Greater of $100 or 10% premium.
Monthly beneit maximum $15,000
Beneit waiting period 180 days or end of STD beneits
Beneit duration Until you no longer meet the deinition of disability or
you reach the maximum beneit duration
Monthly rate $0.321 per $100 of covered payroll
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