The GIC’s Long Term Disability (LTD) program is insured by Unum. LTD is an income replacement program that protects you and your family in the event you become disabled and are unable to perform the material and substantial duties of your job.
If you become ill, are in an accident, or have a sports injury and are unable to work, it is easy to fall behind on your rent or mortgage, car payment and other expenses. With less than 25% of U.S. residents having enough savings to cover six months or more of their regular expenses (Bankrate June 2014), enrolling in a salary replacement plan is an important benefit for you and your family.
If you are unable to work for 90 consecutive days due to illness or injury, this program will provide participants with income replacement. Benefits include:
• A tax-free benefit of 55% of a participant’s gross monthly salary, up to a maximum benefit of $10,000 per month, up to the age of 65. If disabled on or after age 62; benefits may continue after age 65;
• A benefit for partial disabilities;
• A 36-month benefit for mental health disabilities;
• A rehabilitation and return-to-work assistance benefit; and
• A dependent care expense benefit.
Benefits are reduced by other income sources, such as Social Security disability, Workers’ Compensation, and accumulated sick leave and retirement benefits. You must notify the plan if you begin receiving other benefits. The minimum benefit will be $100 or 10% of your gross monthly benefit amount, whichever is greater.
Be sure to Contact Unum within 90 days of your disability even if you are still using vacation, sick time, or workers' compensation benefits.
All active state employees who are eligible for GIC health benefits are eligible for LTD. Employees must work at least 18.75 hours. The minimum is 20 hours in a 40-hour work week
New State Employees
As a new state employee within 31 days of hire, may enroll in LTD without providing evidence of good health.
Current State Employees
All eligible employees can apply for LTD coverage during Annual Enrollment, or at any time during the year. You must provide evidence of good health for Unum's approval to enter the plan.
Long Term Disability (LTD) Questions?
This information provided by the Group Insurance Commission .