UNDERSTANDING YOUR BENEFITS

Short-Term Disability

Everyday illnesses or injuries can interfere with your ability to work. Even a few weeks away from work can make it difficult to manage household costs. Short Term Disability coverage provides financial protection for you by paying a portion of your income, so you can focus on getting better and worry less about keeping up with your bills.

Weekly Benefit: 60% of earnings up to $1,500

Elimination Period: Benefits begin on the 8th day for accidents and sickness

Duration Period: Up to 12 weeks

Long Term Disability PROVIDED TO YOU AT NO COST!

Disability benefits are designed to replace a portion of your income if you are unable to work for an extended period of time due to an accident or sickness.

Monthly Benefit: 60% of earnings up to $6,000

Elimination Period: Benefits begin after 90 days

Duration Period: Please see Plan Summary for benefit duration period

Federal regulations require employers to provide certain notifications and disclosures to all eligible employees. The booklet linked below is dedicated to those disclosures for 1/1/2023 – 12/31/2023. If you have any questions or concerns please contact your HR Department.

If you (and/or your dependents) have Medicare or will become eligible for Medicare in the next 12 months, a Federal law gives you more choices about your prescription drug coverage. Please see page 4 of the Required Notices packet for more information about your options.

Austin Trust Company

Table of Content

UNDERSTANDING YOUR BENEFITS