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Voluntary Supplemental Long Term Disability Plan Southern Illinois Siue Form

Voluntary Supplemental Long Term Disability Plan Southern Illinois Siue Form

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voluntary long-term disability Syracuse University offers a voluntary long-term disability insurance plan offered through the standard as a disability plan it pays if you become sick or are injured and cannot work the university provides a disability plan for non-exempt employees and a salary continuation plan for exempt employees but it's important to consider the advantages of seeking coverage beyond the University these plans alone for exempt employees the salary continuation plan pays 50% after 6 months and is subject to income taxes the LTD plan by contrast pays 60% of your salary after a six-month waiting period and this 60% benefit is not subject to income taxes so the level of salary replacement is actually higher than 60% for our non-exempt employees the Su disability plan provides benefit benefits for a maximum of 6 months regardless of your ability to return to work therefore it is really important for you to consider this additional plan to provide you with financia

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