Attachment B Current Long Term Disability Benefits.pdf

Attachment B details the current long-term disability (LTD) benefits provided to eligible employees. The document outlines the LTD plan design, including the monthly benefit amount, elimination period, benefit duration, and premium contribution rates. The LTD plan is available to all eligible state and local government employees covered under the contract. The current LTD benefits are provided through a group insurance policy with an effective date of January 1, 2020 and a term of 3 years with options to renew for up to two additional 1-year terms.

The LTD plan provides a monthly benefit of 60% of the employee's pre-disability earnings, up to a maximum of $10,000 per month. The elimination period is 90 days, and the maximum benefit duration is based on the employee's age at the time of disability. Employees contribute 100% of the LTD insurance premium, which is deducted from their paychecks. The current LTD insurance premium rate is $0.30 per $100 of covered payroll.