Overview
Long-Term Disability (LTD) benefits are available through an integrated disability program that supplements the Short-Term Disability (STD) plan. LTD begins after 13 weeks of STD. The LTD benefit provides 60 percent of base pay up to a maximum benefit of $15,000 per month.**
For eligible employees with a base salary of $50,000 or less, this is a company-paid benefit. If you are eligible for this benefit, you will receive imputed income during the year reflecting the value of the company paid premiums, which is considered taxable income. This will allow any benefits paid to you from the plan to be on a tax-free basis.
Eligible employees with a base salary greater than $50,000 will pay for their LTD coverage on an after-tax basis. This will allow any benefits paid from the plan to be on a tax-free basis.
| Provision |
Description |
| Wage Replacement Percentage |
60 percent; up to a maximum monthly benefit of $15,000** |
| Elimination Period |
13 weeks of disability leave in a calendar year |
| Benefit Period |
24 months if unable to perform own occupation; after 24 months if unable to perform any occupation |
**As a disabled person, you may be eligible to receive benefits from several sources. These other payments reduce your LTD benefit from this plan. For additional information on these offsets, please refer to the LTD section in the Disability Benefit Plan Summary (PDF).
Additional Details
Process-related information is located on myHR. Click the links below if you:
> Are going on LTD or would like additional process-related information*
> Are a manager of an employee who is on LTD*
Eligibility
Regular status, salaried employees scheduled to work at least 20 hours per week are eligible to participate in the LTD plan.
Eligible employees with an annual base salary of $50,000 or less are automatically eligible for and enrolled in the LTD plan as of the first day of work.
Employees with an annual base salary greater than $50,000 are automatically enrolled in the LTD plan as of the first day of work and may elect to waive coverage within 31 days.
If you waived LTD coverage when newly eligible and you enroll at a later date, you will be required to provide evidence of insurability. Click here* for the Evidence of Insurability Form.
For additional information regarding eligibility, please refer to the eligibility section of the Disability Benefit Plan Summary (PDF). If you have questions, contact the Employee Services Unit (ESU) at 4-ESU@travelers.com or 800.441.4378.
Cost
For employees with a base salary of $50,000 or less, the company pays the full cost of the LTD plan.
Employees with an annual base salary greater than $50,000 pay the full cost of the LTD plan. The cost per $100 of annual base salary is $0.40. For example, if your base salary is $60,000: $60,000 times $0.40/$100 = $240 per year ($20 per month).
You can estimate your monthly premiums for LTD coverage here. Input your Base Salary and press the ENTER key to see your monthly cost. If your base salary is greater than $300,000, please contact the ESU 4-ESU@travelers.com or 800.441.4378 to determine your monthly premium.
Related Programs & Resources
Review the MetLife LTD Plan Booklet (PDF) for details concerning benefits under the LTD plan. For questions concerning eligibility, cost, or when coverage begins or ends, please refer to the Disability Benefit Plan Summary (PDF).
How to Enroll
Access the Enrollment Information page for enrollment instructions.
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