How much of my income can I protect? You can choose monthly benefits in units of $100 up to 60.00% of your covered basic pay, to a maximum of $6,000 .
Here’s how to calculate your maximum monthly benefit and premium.
Enter your monthly pay (do not include overtime or bonuses) ______________________
X 0.6
Your maximum monthly benefit = ______________________
(round to nearest $100; cannot exceed $6,000) You can select your benefit in units of $100 , starting at $500 per month, up to the amount you calculated above. Please see the chart to find your premium for the benefit amount you need. Look for the monthly benefit you want in the far left column, then follow across to the column with your age range for the corresponding premium.
Please note: Benefits are shown as monthly amounts ; premiums are based on 52 payroll deductions per year .
Weekly (52) Premium Deduction
Age <25 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60+
$500 1.08 $600 1.29 $700 1.51 $800 1.73 $900 1.94 $1,000 2.16 $1,100 2.37 $1,200 2.59 $1,300 2.81 $1,400 3.02 $1,500 3.24 $1,600 3.45 $1,700 3.67 $1,800 3.88 $1,900 4.10 $2,000 4.32 $2,500 5.39 $3,000 6.47 $3,500 7.55 $4,000 8.63 $4,500 9.71 $5,000 10.79
1.08
1.18
1.57
2.26
3.76
5.66
6.70
7.62
1.29
1.41
1.88
2.71
4.51
6.79
8.04
9.14
1.51
1.65
2.20
3.16
5.26
7.92
9.39
10.67
1.73
1.88
2.51
3.61
6.02
9.05
10.73
12.19
1.94
2.12
2.82
4.06
6.77
10.18
12.07
13.71
2.16
2.35
3.14
4.51
7.52
11.31
13.41
15.24
2.37
2.59
3.45
4.96
8.27
12.45
14.75
16.76
2.59
2.82
3.77
5.41
9.02
13.58
16.09
18.29
2.81
3.06
4.08
5.87
9.78
14.71
17.43
19.81
3.02
3.30
4.39
6.32
10.53
15.84
18.77
21.33
3.24
3.53
4.71
6.77
11.28
16.97
20.11
22.86
3.45
3.77
5.02
7.22
12.03
18.10
21.45
24.38
3.67
4.00
5.34
7.67
12.79
19.23
22.79
25.90
3.88
4.24
5.65
8.12
13.54
20.37
24.13
27.43
4.10
4.47
5.96
8.57
14.29
21.50
25.47
28.95
4.32
4.71
6.28
9.02
15.04
22.63
26.82
30.48
5.39
5.88
7.85
11.28
18.80
28.29
33.52
38.09
6.47
7.06
9.42
13.53
22.56
33.94
40.22
45.71
7.55
8.24
10.98
15.79
26.32
39.60
46.93
53.33
8.63
9.42
12.55
18.05
30.08
45.26
53.63
60.95
9.71
10.59
14.12
20.30
33.84
50.92
60.33
68.57
10.79
11.77
15.69
22.56
37.60
56.57
67.04
76.19
21
For premiums for benefit amounts not illustrated in this chart, please contact your Plan Administrator.
Made with FlippingBook - Online magazine maker