Page 19 - 2019 Franke Enrollment Guide
P. 19
Franke
DISABILITY COVERAGE
Short Term Disability
Short term disability (STD) provides you with a percentage of your weekly
income while you are out of work following a non-work related accident or
illness. Franke provides STD coverage at no cost to you following 12 months
of continuous employment. After you have been disabled for seven days, you
may receive two full weeks of 100% pay for each completed calendar year of
service up to a maximum of 1,040 hours. You will then receive 50% pay with
benefits continuing for up to 26 weeks.
Long Term Disability
Long term disability (LTD) protects your income by providing you with a
percentage of your income while you are disabled. Franke provides an LTD
benefit at no cost to you. In the event of an illness or accident which requires
a lengthy recovery lasting longer than six months, you may be eligible for a
benefit up to 60% of your monthly salary, up to a maximum of $10,000 per
month for as long as you continue to be disabled under the plan.
19
DISABILITY COVERAGE
Short Term Disability
Short term disability (STD) provides you with a percentage of your weekly
income while you are out of work following a non-work related accident or
illness. Franke provides STD coverage at no cost to you following 12 months
of continuous employment. After you have been disabled for seven days, you
may receive two full weeks of 100% pay for each completed calendar year of
service up to a maximum of 1,040 hours. You will then receive 50% pay with
benefits continuing for up to 26 weeks.
Long Term Disability
Long term disability (LTD) protects your income by providing you with a
percentage of your income while you are disabled. Franke provides an LTD
benefit at no cost to you. In the event of an illness or accident which requires
a lengthy recovery lasting longer than six months, you may be eligible for a
benefit up to 60% of your monthly salary, up to a maximum of $10,000 per
month for as long as you continue to be disabled under the plan.
19
