Disability Income

Short-term Disability (STD) and Long-term Disability (LTD) Insurance

MetLife Insurance Company provides the Short-term Disability (STD) and Long-term Disability (LTD) insurance that provides some financial protection for you by paying a portion of your income in the event that you are disabled for an extended period. Short-term disability benefits begin on the eighth day of disability and continue up to 26 weeks of the disability. The benefit amount is based on your earnings prior to the disability. Long-term disability benefits begin the elimination period of 180 days after which a disabled employee meeting the criteria under the plan is eligible to receive a maximum of 60% of monthly earnings (up to $5,000 per month). Payments may be reduced by deductible sources of income and there may be some benefit limitations based on the nature of the disability and/or claimant age at disability. There is also a death benefit provision under the plan.

 

Sick Pay*

  • Non-exempt and hourly employees
      • Granted based on years of services
      • 0-5 years 6 days per year
      • 6+ years 12 days per year
    • Exempt employees
      • 8-days per calendar year
      • Prorated if hired on or after July 1

JM Eagle provides sick pay benefits if you have a short-term illness or injury and are unable to work. Non-exempt employees on medical leave of absence are paid up to a maximum of 90% of gross pre-disability base pay beginning on the 8th day of disability. Sick pay is coordinated with any other disability income you're eligible to receive. JM Eagle pays 100% of the cost of this benefit.

* Your "years of service" are based on your seniority date, which is your date of hire with JM Eagle, adjusted for any breaks in your service. JM Eagle’s retirement plans generally calculate your benefit service under the plans based on your seniority date. However, if you are hired through an acquisition, your benefit service is typically based on the closing date of the sale adjusted for any breaks in service.

 

Salary Continuation

    • Eligible after 6 months of service
    • Exempt employees

JM Eagle provides salary continuation if you have an illness or injury of more than three consecutive calendar days and are unable to work. Employees on medical leave of absence are paid up to a maximum of 90% of gross pre-disability base pay beginning on the 8th day of disability. Salary continuation is coordinated with any other disability income you're eligible to receive. JM Eagle pays 100% of the cost of this benefit.

 

Short-Term Disability (STD)

  • California employees:
  • California SDI plan
  • $959 per week maximum benefit
  • Non-California employees:
  • JM Eagle STD plan
  • $959 per week maximum benefit

you are totally disabled for 8 calendar days, the plan replaces 55% of your pre-disability base pay up to the maximum weekly benefit The maximum benefit period is 12 months. The state of California administers this plan.

Non-California employees. You automatically participate in this plan. You pay 100% of the cost. After you are totally disabled for 8 calendar days, the plan replaces 55% of your pre-disability base pay up to the maximum weekly benefit. The maximum benefit period is 4 months.

 

Long-Term Disability (LTD)**

  • 60% of pre-disability pay
  • $10,000 per month maximum benefit
  • 120 calendar day waiting period

You automatically participate in this plan. JM Eagle pays 100% of the cost. After you are totally disabled for 120 calendar days, the LTD plan replaces 60% of your monthly pre-disability base pay, in combination with other sources of disability income.

** Regular full-time employees are eligible for all coverages. If you cover a domestic partner or their children, you may need to complete additional paperwork.

 

 

Employee