The purpose of disability insurance is to replace a portion of your income if illness or accident prevents you from working for an extended period of time. Typically, benefit payments are calculated as a percentage of monthly earnings, and are paid after an employee has been absent from work due to a disability for a specific period of time. Core Long-Term Disability Insurance The College provides core long-term disability insurance at no cost to eligible employees. If you become disabled, the plan provides a monthly income benefit, including any social security or workers’ compensation payments, equal to sixty-six and two-thirds (66 2/3) percent of your base monthly pay up to the plan maximum. The benefit begins with the first day of the month following six (6) months of continuous disability. Additionally, the plan provides for the continuation of College retirement contributions to your regular retirement plan. Short-Term Disability Insurance (LTD Buy-Up) The College provides eligible employees the opportunity to purchase optional short-term disability insurance with pre-tax payroll deductions. If you become disabled, the plan provides a monthly income benefit, including any social security or workers’ compensation payments, equal to sixty-six and two-thirds (66 2/3) percent of your base monthly pay up to the plan maximum. The benefit begins with the first day of the month following three (3) months of continuous disability. Additionally, the plan provides for the continuation of College retirement contributions to your regular retirement plan.
| 
