Contents
Cal Poly Pomona

Long-Term Disability (LTD) Voluntary Insurance

The Voluntary Long Term Disability Plan is administered by The Standard. This plan provides loss of income protection (up to 60%) due to a qualified disability. The vendor offers two (2) different plan options which include a 30 or 90 day waiting period.

 

Voluntary Long-Term Disability Insurance Summary

Vendor
    • The Standard
    • http://www.standard.com/mybenefits/csu/
      Customer Service: 800-378-5745

CSU Eligibility

    • All employees who meet the CSU regular benefits eligibility requirement, except Rehired Annuitants (retirees) and Faculty Early Retirement Program (FERP) participants, and employees who are currently eligible for the employer-paid LTD plan.

Employee Coverage Limits

    • Benefit Waiting Period Election Options: 30 or 90 days
    • Income Benefit Limit: 60%
    • Insured Pre-disability Earnings Limit: $12,500
    • Minimum Monthly Benefit: $100
    • Maximum Monthly Benefit: $7,500

Spouse Coverage

    • Coverage not available.

Dependent Child(ren) Coverage

    • Coverage not available.

Enrollment Period

    • This plan does not have a designated enrollment period, although there are enrollment parameters regarding Guaranteed Issue.
    • Guaranteed Issue is available during the following enrollment periods:
      1. Special Open Enrollment Period: March 1 – March 31, 20112.
      1. New Hires: within 60 days of employment –guaranteed issue (not subject to evidence of insurability)
    • Evidence of Insurability will be required if an employee does not enroll during one of the designated enrollment periods listed above.

Guaranteed Issue Amount

    • Full Benefit

Coverage Effective Date

    • The first of the month following the pay period that the deduction was taken (i.e., first deduction taken out of the April pay period, coverage effective May 1st).

Coverage End Date

    • Coverage ends on the date that employment ends, or
    • The last day of the month following the pay period that the last deduction was taken (i.e., if the last deduction was taken out of the November pay period, coverage would end on December 31st).

Can an Employee Cancel Their Coverage Mid-Year?

    • There is no minimum enrollment period for this plan.
    • Employees can cancel this policy at any time during the year.

Monthly Plan Premium

    • Varies by insured

Payment Options

    • Monthly payroll deduction

Payroll Deduction Information

    • Deductions will be processed on pre-paid basis.
    • Post-tax.