SUU Seal (for official use only)
 

POLICY #8.2.8
SUBJECT: Long-Term Disability Insurance


I. PURPOSE

The purpose of this Policy is to provide a long-term disability program for eligible employees.


II. REFERENCES

N/A


III. DEFINITIONS

N/A


IV. POLICY

  1. The following conditions must be met to be eligible for participation in the long-term disability insurance program and for university participation in the premium costs of such program (the participation amount is set by the Board of Trustees as recommended by the Administration):
    1. Be a salaried employee under regular University appointment, and
    2. Have an annual salary of $7,000 or more, and
    3. Be employed by the University with an ongoing appointment designated by the President.
    4. Be an employee of the University for a minimum of two (2) years. Premiums must be paid by the employee during the first two (2) years of employment.
  2. Employees desiring to participate in this program should enroll within the first thirty (30) days of employment. Anyone choosing to enroll in the program after the first thirty (30) days of employment will be required to provide evidence of insurability.
  3. Basic Information

    Long-Term Disability Information
    Monthly Benefits 2/3 of covered monthly salary
    Minimum Monthly Benefit $100, or if greater, 10% of monthly income benefit before benefits from other sources are subtracted
    Probationary Period None
    Waiting Period 6 months
    Cost of Living Adjustment As set by the University
    Tax Withholding As required by law
  4. The duration of long-term disability coverage is reduced beginning at age 65 based on the terms and conditions set forth in the University provider’s contract.
  5. Since long-term disability coverage is secured through a contracted provider, more specific information concerning the program may be obtained from the Human Resources Office.

V. RELEVANT FORMS/LINKS

N/A


VI. QUESTIONS/RESPONSIBLE OFFICE

The responsible office for this Policy is the Vice President for Finance. For questions about this Policy, contact the Office of Human Resources.


VII. POLICY ADOPTION AND AMENDMENT DATES

Date Approved: December 1990

Amended: September 23, 2005; April 29, 2016