LONG-TERM DISABILITY

Section 440.07

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Policy Statement

Members of the professional staff automatically are enrolled in the Long-Term Disability Insurance Program upon initial appointment. There is no cost to employees for participation in this program. Coverage becomes effective for eligible employees on the first of the month following completion of one year of service. All full-time employees are eligible. Part-time professional employees are eligible if they are employed at a salary rate of $8000, and part-time academic employees are eligible if they either teach two or more courses in any one semester or are employed at an $8000 salary rate.

Category Name: Human Resources
Responsible Unit: Office of Human Resources
Responsible Exec: VP for Administration and Finance
Adoption Date: Unavailable
Last Revision Date:
Last Review Date:

Purpose/Scope

 

Applicability

 

Definitions

There are no definitions for this policy at this time.

Policy Procedures

When an employee is disabled for a period beyond six months, this insurance, together with any applicable Workers' Compensation or Social Security benefits, will maintain the employee's salary at 60 percent of the base monthly salary, up to a maximum of $5,000 per month.

This insurance program also includes payments to a TIAA-CREF retirement annuity as a percentage of base annual salary. For TIAA-CREF members, such contributions would be remitted to their existing accounts. For members of ERS or TRS, an annuity account would be established with TIAA-CREF, and, at retirement, employees would receive benefits from this annuity account as well as from the retirement system which they joined.

Links to Related Procedures and Information

There are no links for this policy at this time.

Contact Information

There is no contact information for this policy at this time.

History (in descending order)

Item Date Explanation
Next Review Date  December 1, 2017 Three year review
Adoption Date  Unavailable Policy Adopted

Approval

This policy is approved by:

Last Updated 1/5/18

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