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