2013 Benefit Enrollment Guide - Troy University

Disability & Life Insurance
Long Term Disability (Standard Insurance)
Long Term Disability, or LTD, is a benefit paid to replace a portion
of your income for a long period of time. Full-time Troy University
employees are eligible for LTD after completing one year of fulltime
employment at no cost to the employee.
Long Term Disability Summary of Benefits
Benefit Amount
60% of Basic Earnings
Maximum Monthly Benefit $6000
Benefits Begin
After 180 consecutive days
of any one period of disability
Age When Disabled
Prior to Age 63
Age 63
Age 64
Age 65
Age 66
Age 67
Age 68
Age 69 and over
Maximum Duration of Benefits
Benefits Payable
To Normal Retirement Age or 42 months, if greater
To Normal Retirement Age or 36 months, if greater
To Normal Retirement Age or 30 months, if greater
24 Months
21 Months
18 Months
15 Months
12 Months
Basic Life and AD&D Insurance
(Standard Insurance)
Troy University provides all full-time employees with Basic Life
and Accidental Death and Dismemberment coverage equal to one
times annual salary up to the maximum of $100,000 at no cost to
the employee.
You are not subject to any copay charge and your life insurance
coverage will end when you terminate employment or retire.
Age reduction will apply commencing at age 60 for Standard Life
Insurance and AD&D.
Employees hired before September 1, 1991 are
grandfathered and will need to contact Human
Resources for their life insurance benefit.
Please call 1-866-688-9727. Troy University 2013 Benefits Enrollment Guide 8