benebookfinal_10_12d

2017 Benefits Book

Long TermDisability (LTD)

LTD Base Plan Benefits

LTD Buy-Up Plan Benefits

1. Covers all active full-time and part- time benefit eligible employees. 2. Paid for by the City of Greensboro. 3. Covers 50%of income up to $5,000 permonth. 4. Benefit duration is two years. 5. Waiting period for benefits is 180 days. 6. Partial Disability benefits are available. 7. 3/12 Pre-existing Conditions exclusion. 8. $100minimumbenefit.

1. Covers active full-time and part-time benefit eligible employees who enroll in the Buy-Up plan. 2. Paid for by the employee. 3. Premiums are based on employee’s salary; as salary increases, premiums increase. 4. Covers 60%of income up to $6,000 permonth. 5. Benefit duration is up to the employee’s Social SecurityNormal Retirement Age. 6. Waiting period for benefits is 180 days. 7. Partial Disability benefits are available. 8. 3/12 Preexisting Conditions exclusion. 9. 30%of base salaryminimumbenefit. 10. Buy-up premiums are deducted pre- tax.

Standard also offers a Buy-Up Plan that is paid by the employee.

The Standard Insurance administers long term disability (LTD) program for City of Greensboro employees.

Coverage terminates when the employee separates from the City’s employment.

There is a Basic Plan that is paid by the City for all benefit-eligible employees. The

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www.greensboro-nc.gov