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INCOME PROTECTION BENEFITS INCOME PROTECTION BENEFITS

Voluntary Short Term Disability Insurance

Burnham offers you the opportunity to purchase Voluntary Short Term Disability (STD) income replacement at
discounted group rates through Guardian. If you experience a temporary disability, benefits begin seven days
after the start of your accident, sickness or pregnancy. There will be no coverage for any pre-existing medical
condition for three months prior to and the 12 months after your coverage is in effect.

California Employees

California State Disability provides a benefit of 60% – 70% (depending on your individual income) of your
pre-disability earnings up to a maximum benefit filed by the state annually.This plan pays in addition to
California State Disability an additional 20% of pre-disability earnings to a maximum benefit of $1,000
per week.

Non-California Employees
This plan works with state disability programs, Social Security, and any other group disability coverage to
provide you with a monthly benefit equal to 60% of your pre-disability earnings to a maximum benefit of $1,500
per week.

Long Term Disability Insurance

Burnham offers you Long Term Disability (LTD) coverage through Standard Insurance. This benefit provides
you with income replacement if you are disabled for an extended period of time. If you become totally and
permanently disabled, benefits begin 90 days after the start of your illness or injury.

Long Term Disability works in conjunction with state disability programs, Social Security, and any other group
disability coverage, to provide you with a combined monthly benefit equal to 60% of the first $25,000 of
pre-disability earnings, less deductible income, to a maximum benefit of $15,000 per month.

You must confirm with Human Resources if you would like to contribute to the LTD plan for a post-tax
benefit or a pre-tax benefit. If post-tax benefit, premiums will be treated as taxable income so that
benefits will be paid out on a tax-free basis. If pre-tax benefit, premiums will be treated as
non-taxable income so that benefits will be paid out on a taxed basis.

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