Disability Insurance

It’s challenging to plan for the unexpected. A serious illness or injury can cause significant financial hardship for you and your family, so it’s essential you have access to the right benefits to help you get back on track. Disability insurance, provided through Voya, replaces a portion of your income to help you continue paying your bills and meeting your financial obligations while you are unable to work, giving you and your family peace of mind.

Short-Term Disability (STD) insurance replaces a portion of your weekly earnings in the event you are unable to work due to illness or injury. The STD benefit amount you will receive will depend on your length of service with the Company. You must be enrolled in either a state-sponsored plan or voluntary STD to receive the full salary continuation top-off benefit.

Employees who reside in New York, New Jersey, California, and Rhode Island are automatically enrolled in state-sponsored disability plans. Employees in all other states may elect the Voluntary Short-Term Disability plan during their new hire enrollment without Evidence of Insurability (EOI) underwriter approval. STD also may be elected during Annual Enrollment; however, approval at that time will be subject to EOI.

The Voluntary STD benefits will pay 66 and 2/3% of an employee’s salary up to a maximum of $650 per week for the duration of their leave. Depending on years of service, an employee may be eligible to receive an additional 33 and 1/3% for a period of time while on leave by way of a salary top-off provided by the Company.

If disability benefits are provided through a state plan, the Company will top-off the state benefits based on years of service as well.

You may receive STD benefits for a maximum of 25 weeks. Years of service and salary continuation are broken down as follows:

Long-Term Disability (LTD) coverage typically begins to pay benefits when you have used the maximum number of weeks available under STD or after you have been totally disabled for 180 consecutive days (or 26 weeks), whichever is later. Voya will automatically transition the claim from STD, if applicable, to LTD.

There are two LTD options to choose from, LTD Core and LTD Buy-Up. Both options provide a percentage of your monthly income, as described below. The Core option is provided by the Company at no cost. The LTD Buy-Up also may be elected during Annual Enrollment; however, approval at that time will be subject to EOI underwriter approval.