Long Term Disability Benefit

The voluntary long term disability (LTD) insurance plan will not have any rate increases or plan design changes.

The sudden loss of income if you become ill or injured and can’t work can be devastating to your finances. The voluntary LTD insurance through The Standard provides a benefit of 60 percent of your monthly pre-disability earnings if you are unable to work due to an illness or injury lasting more than six months. The LTD benefit is not subject to federal income tax because you pay the premiums through after-tax payroll deduction.

The LTD Plan complements the University’s Salary Continuation Plan (for eligible faculty and exempt employees, including some non-exempt employees eligible under transition rules) and Disability Plan (for eligible non-exempt employees), both of which cover the first six months of disability before the LTD Plan begins payment. This benefit is reduced by Social Security and certain other sources of income. The extra protection available through the voluntary LTD plan offered by The Standard can help you replace lost income in a time of need.

If you are interested in enrolling in this coverage for the first time, you must complete a medical history statement. Send your completed statement directly to The Standard Insurance Company for review and approval. If you do not complete the medical history statement, your election will not be processed. Although your election will appear on your Open Enrollment confirmation statement, the coverage will not take effect until HR Shared Services receives confirmation of approval from The Standard.

Every effort has been made to ensure that the information contained within this website is accurate. However, benefits are governed by legal documents (which, in certain circumstances, may include insurance contracts). If there is any difference between the information on this website and the official documents, the official documents will control. As is the case with all of Syracuse University’s benefit plans, the University reserves the right to modify or terminate these benefits at any time.