Faculty who are eligible prior to the one year waiting period must notify the Human Resources Office if they qualify for immediate coverage. The plan provides benefits beginning on the first day of the month following three consecutive months of total disability, as described in the plan document. The first increase takes effect 12 months after the date benefits are first payable for a term of total disability. Future increases take effect on the first day of the same month each year thereafter. Faculty are eligible for coverage on the first day of the month following ninety days of continuous service.
Coverage is provided at no cost to eligible employees.
Benefits terminate on the date employment terminates or employee retires, or as further detailed in the plan document. Payment of benefits for life insurance, and a schedule of losses for Accidental Death and Dismemberment Insurance, are detailed in the plan document. Payments will begin on the 26th day of the month following the date of retirement, and continue each month until the retiree s sixty-fifth birthday or death, whichever occurs first. Payments for the first and last months will be prorated to reflect effective dates. These wages will be reduced by statutory deductions, and by any voluntary deductions authorized in writing by the retiree and permitted by the University.