Long-term disability insurance premiums (Unpaid Leave only)
Find out your monthly costs for employer-paid and employee-paid long-term disability (LTD) insurance.
On this page
Employer-paid LTD insurance
lf you choose to continue LTD coverage while on PEBB Continuation Coverage (Unpaid Leave), you must pay the $2.10 monthly premium.
Employee-paid LTD premiums
Employee-paid LTD premiums are based on:
- What type of employee you are.
- Which coverage level you select.
- How much you earn.
To find your premium quickly, use the premium calculator on The Standard's website.
These rates are based on the employee's age on January 1, 2023.
Coverage level | Higher-education employees retirement plan employees |
TRS, PERS, and other retirement plan employees |
---|---|---|
60 percent | 0.0059 | 0.0047 |
50 percent | 0.0035 | 0.0028 |
Example
For example, for a higher-education employee earning $5,000 per month prior to disability and enrolling in the 60-percent benefit, the monthly premium would be 0.0059 multiplied by 5,000, which equals $29.50.
Criteria | Calculation |
---|---|
Earnings: | $ 5,000 per month |
60 percent coverage | x 0.0059 |
Monthly cost: | $ 29.50 |
Contact
For enrollment and premium payments contact The PEBB Program
For benefits or plan details
Standard Insurance Company
Phone: 1-800-368-2860