SHORT TERM DISABILITY
After being employed at least (4) weeks, an employee will receive for any non-work related illness or injury*, one-half (1/2) of weekly pay to a maximum allowed by New York State disability. Sick days are used for the first seven (7) days of illness or injury (includes weekend). Payments start on the eight (8th) day, to a total of twenty-six (26) weeks in one (1) year, according to the provisions of the New York State law.
If an employee has accumulated sick time, the College will pay the balance of salary from the bank* to make up a full week's pay.
If the employee has no accumulated sick time, or after all accumulated sick time has been used, then disability insurance will be the only payment.
* For work related injuries, see Worker's Compensation.
** The bank is the number of sick days x salary per day - therefore, drawing from the balance effectively stretches the number of days employee is covered.
LONG TERM DISABILITY
TIAA-CREF/Long Term Disability
Faculty, Senior Administrators, and Administrative Personnel
Below is a brief outline of the benefits of this plan. Please be sure to READ THE ENTIRE CERTIFICATE for complete details.(See the Human Resources Department)
BENEFITS START On the first day of the month after six months of continuous Total Disability.
BENEFITS CHANGE During a term of continuous Total Disability until the following age or time limit:
| Age When Total Disability Starts |
Age or Time Limit |
| Less than 60 |
to age 65 |
| between 60 and 65 |
4 1/2 years |
| between 65 and 68 |
to age 70 |
| 68 1/2 or over |
year |
BENEFITS TYPES AND AMOUNTS:
(A) The Monthly Income Benefit equals 60% of your Monthly Wage Base not to exceed a benefit of $5,000 per month, less the sum of benefits from other sources.
(B) The Monthly Annuity Premium Benefit equals 10% of the first $650 of the Monthly Wage Base plus 15% of the Monthly Wage Base above $650 and will be credited to TIAA and CREF annuities.
(C) The Annual Benefit Increase will increase the Monthly Income Benefit and Monthly Annuity Premium Benefit each year by 3% compounded annually. The first increase takes effect as of 12 months after the date TIAA benefits are first payable for a term of Total Disability. Future increases will take effect on the first day of the same month each year thereafter.
Accrued sick time ceases when an employee becomes eligible for Long Term Disability. If the employee returns to work and them becomes ill again, any remaining sick leave will be used.
TOTAL DISABILITY NOT COVERED
No benefits will be paid if the total disability is caused by:
- An intentionally self-inflicted injury;
- War.
