Loyola University Maryland

Office of Human Resources

Disability Insurance

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

The University provides core long-term disability benefits 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.

Buy-Up Long Term Disability

The University provides eligible employees the opportunity to purchase the buy-up disability option. 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.

Summary Plan Descriptions
Core LTD Insurance – Members with Pension
Core LTD Insurance – Members without Pension
LTD Buy-Up – Members with Pension
LTD Buy-Up – Members without Pension
LTD Core and Buy-Up- Certificate Rider

This website provides a summary of the benefits available. The University reserves the right to modify, amend, suspend or terminate any plan at any time, and for any reason without prior notification. You will be notified of any changes to these plans and how they affect your benefits, if at all. The plans described on this website are governed by insurance contracts and plan documents, which are available for examination. We have attempted to make explanations of the plans on this website as accurate as possible. However, should there be a discrepancy between this website and the provisions of the insurance contracts or plan documents, the provisions of the insurance contracts or plan documents will govern. In addition, you should not rely on any oral descriptions of these plans, since the written descriptions in the insurance contracts and plan documents will always govern.