State Provided Disability Plan
Short Term Benefit
Permanent employees working 75% time or more (30 hours or more per week) are covered under the North Carolina Short Term Disability Income Plan benefit at no cost after one year of membership in TSERS or participation in ORP.
Benefits are equal to 50% of your annual base rate of compensation up to a maximum of $3,000/month
Short Term Disability is payable for a period not to exceed 365 days
There is a 60-day waiting period before benefits become payable
Short-term benefits may be extended for as many as 365 days beyond the short-term period, in cases where the disability continues to be temporary and likely to end during the extended period
Information on this program can be found in the N.C. Teachers and State Employees
Retirement System handbook.
Long Term Benefit
Permanent employees working 75% time or more (30 hours or more per week) are covered under the North Carolina Long Term Disability Income Plan after five years of participation in TSERS or ORP at no cost.
Benefits are equal to 65% of your annual base rate of compensation up to a maximum of $3,900/month.
If approved, the benefit continues as long as you remain permanently disabled and until you qualify for a unreduced service retirement.
Information on this program can be found in the N.C. Teachers and State Employees Retirement handbook.
Please consult the following website for full details of the policy provisions, definitions, and limitations: https://www.myncretirement.com/disability
The Standard has a comprehensive Long-Term Disability Policy that can assist you when
a disability can radically change a person's quality of life. This plan gives you
income protection. You insure your life, your home, your car and your health. And
each of those coverages is absolutely important. But protecting your income is equally
important. No individual or family can long survive without a regular source of income.
Think of what would happen if you were disabled from an accident or illness and could not work for an extended period of time. It's a frightening prospect that can be prevented.
The University of North Carolina's Group Long-Term Disability plan can provide you with a monthly check that can replace a significant portion of your salary...month after month or year after year...when you are totally disabled and cannot work.
Here are the highlights of your Group Long-Term Disability Plan:
Replaces up to 66 2/3 percent of your monthly salary, with a maximum benefit of $10,000 per month, when you are disabled and unable to work (some offsets may apply).
Protects your retirement income. The plan continues contributions to your TIAA-CREF Retirement Annuity equal to 12.84 percent of your monthly salary.
Disability is defined as being completely unable to perform your normal occupation.
Pays benefits as long as disability continues -- or until you attain age 65.
Pays a benefit to your surviving dependent(s) if you die after having been disabled for at least nine months.
Allows you to convert to an individual policy if coverage ends due to termination of your employment, if at that time, you had at least 12 months of continuous coverage under the group plan.
Provides a work transition period, if you return to work on a limited basis while disabled.
Provides partial disability benefits if you are disabled and continue to work on a limited basis but are unable to earn your full monthly salary.