Human Resources
Long Term Disability Benefits
In the event of total
disability this program, which is underwritten by The Standard, will pay up
to 60 percent of your salary. Benefits paid by The Standard will be offset
by any benefits being received through Social Security, retirement pension
or workers compensation.
Frequently Asked Questions:
Why should I consider disability insurance?
The Standard is the company
with whom Grambling State University has its University sponsored Total
Disability Plan. Should you become disabled, benefits start as of the first
day of the month after three months of continuous total disability. The
benefit equals sixty of your monthly salary, not to exceed $4,000 per month,
less the sum of the benefits from other sources. In no event will the
monthly benefit be less than $100.
How do I qualify for disability insurance?
To be eligible for this
benefit, the employee must work 32 hours per week. You should elect to
purchase disability insurance within 31 days of the date you become
eligible, or proof of good health will be required.
Cost of the insurance is
shared 50%/50% by employee and Grambling State University. The employee’s
portion of the premium is currently 0.54% of the monthly gross salary.
How do I qualify for benefits under disability insurance?
The disability must start
while you are insured under the group policy and must not result from an
intentionally self-inflicted injury or war. Pre-existing conditions are not
covered under this or another total disability for nine months prior to the
start of the total disability. Benefits will continue until age 65.
Am I eligible for coverage?
You are eligible for
coverage if you are a GSU full-time regular employee working at least 32
hours a week or equivalent. If your employment changes to less than 32
hours/equivalent per week, insurance eligibility is lost.
The insurance is effective
on the first day of the month following your date of employment, if you have
enrolled in a timely manner.
When do I need to apply?
You must apply within 31
days of the date you are initially eligible.
What happens if I do not enroll when first eligible?
You must submit evidence of
medical insurability to The Standard, along with your application for
coverage. If approved, your insurance will be effective on the date The
Standard approves the coverage.
When do changes in the
amount of my premium occur?
The amount of your premium
is subject to change if there is a change in your salary.
How long must I be disabled
before LTD benefits are payable?
The policy requires that
you be off work for 90 consecutive days and that all sick leave is exhausted
before LTD benefits are payable. You must furnish proof that you are unable
to perform the required duties of your position and that you require the
regular and continuing care of a physician.
