Supplemental disability benefits coverage may provide extra income protection for you if you are enrolled in the Death and Disability Plan, if you become disabled, and your effective salary is more than the maximum salary covered under the Death and Disability Plan.
Supplemental disability benefits can replace up to 60 percent of your effective salary in excess of the amount protected under disability benefits coverage.
Because the maximum salary protected under disability benefits coverage is $110,000, supplemental disability benefits coverage is available to help you protect income over that amount, up to the maximum salary for Defined Benefit Pension Plan participation purposes ($330,000 for 2023, up from $305,000 in 2022).
You may apply for this coverage, in increments of $10,000, if you have an effective salary of at least $120,000. The maximum for which you may apply is effective salary rounded down to the nearest $10,000. If you do not apply for supplemental disability benefits coverage when first eligible, you must undergo medical underwriting at your own expense to apply later.
The Board will contact you with instructions about how to apply if you are eligible when you are first hired. The Board will also contact you if you become eligible later, for example, if you receive a salary increase to $120,000 or more that causes you to be eligible for coverage or for an increased level of coverage.
Coverage is optional; your employer may pay none, some, or all the cost of this coverage. Monthly cost of coverage is based on your age as of January 1 each year.
|Age||Monthly cost for each $10,000 increment|