Long Term Disability (LTD)
If you become sick or injured and cannot work, disability insurance helps to protect your income while you recover.
Executive Management employees are automatically enrolled in Long Term Disability which is paid for in full by Santa Clara VTA through New York Life.
Administrative employees are eligible to enroll in one of the three LTD plan options through New York Life - premium is paid for by the employee.
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Employer Paid Class 1 Executive Management Employees |
Voluntary Long Term (LTD) – Employee Paid ADMIN Employees (AFSCME, SEIU, TAEA, Non-Rep, Mgmt, Support) LTD Benefit |
|
|
Benefit Amount |
66.67% of salary |
66.67% of salary |
|
Weekly Maximum |
Plan 1 $6,800 per month |
Plan 1 $1,333 per month Plan 2 $2,500 per month Plan 3 $5,000 per month |
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Elimination Period |
410 days |
60 days |
|
Maximum Payment Period |
Your 65th birthday or the date the 42nd monthly benefit is payable if later |
Your 65th birthday or the date the 42nd monthly benefit is payable if later |
|
Pre-Ex Condition |
3/12 |
3/12 |