Paying for Expanded Long-Term Disability Coverage

The amount you pay for Expanded Long-Term Disability (LTD) coverage through after-tax payroll deductions depends on your base salary, your years of service, and the Expanded LTD premium rate.

For 2017, the cost for Expanded LTD coverage is $6.20 per each $1,000 of monthly base salary. Use the Expanded LTD Monthly Cost Calculator to find your cost.

Rates may change annually. As your salary changes, or as the premium rate changes, so does your payroll deduction. Refer to the examples below.

Faculty or Staff Member with Less than Two Years of Service

Your 2017 monthly cost = monthly salary ÷ 1,000 x $6.20

For example, if your monthly salary is:

$2,500 ÷ 1,000 x $6.20=$15.50/month for 2017

$5,000 ÷ 1,000 x $6.20=$31.00/month for 2017

$6,250 ÷ 1,000 x $6.20=$38.75/month for 2017

$8,500 ÷ 1,000 x $6.20=$52.70/month for 2017

Calculate your 2017 monthly cost.

Faculty or Staff Members with Two or More Years of Service

When you have two or more years of service, the university pays for coverage to protect your annual salary up to a limited amount, and you pay for coverage on salary over that amount. For 2017, the salary limit is $61,000, or $5,083 monthly.

Your 2017 monthly cost = (monthly salary - $5,083) ÷ 1,000 x $6.20

For example, if your  monthly salary is:

$5,083 (or less) = No monthly cost for 2017

($6,250 - $5,083) ÷ 1,000 x $6.20 = $7.24/month for 2017

($8,500 - $5,083) ÷ 1,000 x $6.20 = $21.19/month for 2017

Calculate your 2017 monthly cost.

Payroll Deductions

If there is a cost for your enrollment in the Expanded Long-Term Disability plan, you pay for your share through after-tax payroll deductions.

  • If you are paid biweekly, the deduction is taken from each biweekly paycheck unless there are three biweekly paychecks in a month, in which case deductions will not be taken from the third paycheck.
  • If you are paid monthly, the deduction is taken from each paycheck.

Your deductions begin with your first full month of coverage; there is no deduction for a partial month of coverage.