Do I need a short-term disability policy? For many employees: Yes. The financial impact of a medically necessary leave from work, stretches beyond just receiving continued pay while you are medically unable to work. Medically necessary leaves are often accompanied by increased health care costs, travel expenses, and even at times, increased household expenses. I have sick … [Read more...] about Benefit Spotlight: Short-Term Disability
The Shared leave pool allows employees to participate in the public affairs mission by helping protect co-workers with a qualifying leave against salary interruption. Employee donations of vacation leave provide income to an affected employee who would otherwise be on unpaid leave. Benefits are subject to all eligibility requirements and committee approval and limited in … [Read more...] about Shared Leave Pool and Income Protection Resources
Please take some time to review and update your personal information on record, as well as check your January pay statement to ensure accuracy of your benefit elections. Please review the following: Personal Information: Name Home/ Mailing addresses Phone numbers Benefits: Current Benefit elections/coverage Wellness incentive Flexible spending … [Read more...] about Reminder: Check Your Personal Information and Pay Statement Deductions for Accuracy
I have sick time; Do I need a short-term disability policy? Everyone’s financial needs vary, so the answer is possibly. Many people will experience a need for a medically necessary leave of absence. Short-term disability (STD) coverage is offered to bridge the gap for individuals that do not have sick time accumulated or do not have enough time accumulated to insure their … [Read more...] about Understanding Short-Term Disability
The new voluntary short-term disability plan is especially beneficial to employees with low current sick/vacation leave balances. Do you know your balance? Did you know that should you become ill or injured and unable to work, that the University-provided Long-term disability (LTD) plan has a 26-week elimination period? That means, you would need to be off work for at least … [Read more...] about Protect your income with short-term disability.