Short-term Disability Insurance

Short-Term Disability (STD) coverage, provided by Unum, provides participating employees with an approved claim paid leave for illnesses and injuries lasting more than 14 or 30 days, up to 22 or 24 weeks, depending on which option you choose.

UNUM does not require Evidence of Insurability (also known as proof of good health) to enroll in the Short-Term Disability plan. This means that any employee choosing to enroll in the Short-Term Disability plan will have guaranteed acceptance. The pre-existing exclusion will apply, and benefits will not be payable for that condition during the first year. This includes pregnancy, if you are pregnant when you first enroll in the STD Benefits, the pre-existing exclusion will apply, and benefits will not be payable for that particular pregnancy.

You must exhaust all your sick time prior to the Short-term Disability benefit providing income replacement. Benefits are based on a per $10 of weekly benefit calculation.

• Benefit amount is 60% to a maximum benefit of $1,500 per week.
• Maximum weekly covered salary is $2,500 ($130,000 of annual income)
   

Example: Employee earning $80,000 per year

Weekly Income Calculation: Annual base salary divided by (÷) 52 weeks to determine weekly income
$80,000 ÷ 52 = $1,538

Weekly Benefit Calculation: Weekly Income x 60% STD benefit = Weekly Benefit
$1,538 x 60% = $923
 

14-DAY ELIMINATION PERIOD OPTION RATE = Rate per below chart, times (x) Weekly Benefit, divided by (÷) $10 = monthly contribution
0.356 x $923 = $328 ÷ $10 = $32.86 per month

30-DAY ELIMINATION PERIOD OPTION RATE = Rate per below chart, times (x) Weekly Benefit, divided by (÷) $10 = monthly contribution
0.234 x $923 = $216 ÷ $10 = $21.60 per month

There are two types of Long-Term Disability (LTD) plans offered through Unum for Penn State employees. There is an option for LTD only or an option for LTD with Retirement Income Protection (RIP).

Depending on your salary, upon an approved LTD claim you can receive 60% of your salary up to a maximum of $10,000 per month.

Long-Term Disability (LTD)

Long-Term Disability (LTD) provides you and your family with protection from loss of your income if you become unable to work because of an accident, illness, or injury.

Long-Term Disability with Retirement Income Protection (LTD/RIP)

You may also choose the LTD plan option that is coupled with Retirement Income Protection (RIP) that provides protection toward your retirement plan contributions, and your long-term retirement goals, in the event of your disability. If you become disabled and qualify for LTD payments per the above maximums, the RIP would continue contributions.

The contribution will be equal to 14.29% of your pre-disability income and is available to participants in both the State Employee's Retirement System (SERS) and the TIAA retirement plans, but the RIP contributions will be sent to a TIAA retirement plan on your behalf.