Payroll and Employee Benifits

Long Term Disability

  • Long term disability coverage benefit is (‘base annual pay' x 103%)/12 x 60%.
  • Employee's share of monthly premiums is base annual pay x 103% x .1450/1200.

Deductions

  • Bi-Weekly Staff/Service Employees have 50% of their monthly premium deducted from the first and second check of the month.
  • Bi-Weekly Service 10-month Employees have their premium deducted from the first and second checks of the month for each of their regular (not including summer) pay periods (September through May).
  • Exempt/Faculty/Professional Fiscal Year Employees have one monthly premium deducted from each monthly check.
  • Tenured and Contract Faculty/Professional employees on an Academic Year contract have their premium deducted from each of the academic year payments (August through May), or 1/10th of the annual premium cost being deducted from each pay.