Short Term Disability and Its Benefits
Short-Term disability (STD) pays between 40 to 70% of your base salary, for non-work-related illness or injury that prevents you from working for a set-period of time. Work related injuries are covered by workers compensation.
The benefit eligibility period generally lasts between 3 to 6 months.
If you are not eligible to purchase disability insurance through your employer, you can purchase an individual policy from a company or insurance agent. Depending on where you live, you may also be eligible or already have benefits associated with a state disability program.
Disability plans vary in the kinds of waiting periods and disabilities covered, as well as benefit rates and exceptions. Read the plan summary for definitions of what is covered as well as specific details required by your plan.
In addition to STD and Long-Term Disability (LTD) support, two additional federal disability programs you may be eligible for are Social Security Disability Insurance and Supplemental Security Income (SSI).
