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•�� •• - <br /> )0:( Cigna long Term Disability - Cigna <br /> What is Long Term Disability Insurance? <br /> Long Term Disability Insurance helps safeguard your financial security by replacing a portion of your income <br /> while you are unable to work. LTD benefits are intended to protect your income for a long duration after you <br /> have depleted short-term disability or available paid time off. <br /> Employees are eligible to purchase long-term disability (LTD) insurance which pays a monthly benefit in the <br /> event you cannot work because of a long-term illness or injury. You must be continuously disabled through <br /> Your elimination period of 90 days to be eligible for LTD benefits. <br /> This plan will pay 66.67% of your monthly salary but no more than $8,000 (in $100 increments) per month. <br /> Benefit and maximum period of payment are based on age when disability occurs. <br /> .,, r `_z+ < '1,- 1 Semi-Monthly Semi-Monthly <br /> • *„ ,.a f,� Age <br /> ge Rate Per$100 Age Rate Per$100 <br /> <24 $0.082 50-54 $0.875 <br /> A} 0 } �1 ; 25_29 $0.106 r 55-59• $0.932 1 <br /> 30-34 $0.202 60-64 $0.983 <br /> 35-39 $0.315 65-69 $1.021 <br /> 40-44 , $0.471 70+ $0.775 <br /> I 'r� 45-49 $0.634 <br /> ?. - How to Calculate Your Semi-Monthly Cost: <br /> 4 <br /> ' ! '� Step 1: Use the chart above to find your monthly rate based on <br /> age. Multiply this rate by your gross monthly benefit. <br /> ). !• Step 2: Divide the total by 100. The result is your semi-monthly <br /> -- _ <br /> �/ - .-_ • cost. <br /> • a 41, Calculate Your Cost <br /> `..�: x /100 - <br /> - - - a- Semi-Monthly Rate Gross Monthly Benefit Semi-Monthly Cost <br /> _., " - <br /> i= ---Y l�-- <br /> _ - y — -•-- - Ii;.. - __ __ » %S .- -- <br /> —...� 60 <br /> 25 <br />