PAR 2017 Benefits Guide

DISABILITY INSURNACE

Short Term Disability

PAR provides short term disability (STD) insurance to all active full time employees. If you are unable to work due to a non-work related accident or illness STD provides you partial pay. The chart below provides an overview of the plan.

This coverage is paid for 100% by PAR and is provided through Mutual of Omaha.

Benefit Percentage

60% of pre-disability earnings

Maximum Weekly Benefit $2,400 per week Elimination Period: Accident Injury

Benefits commence on the day of an accident Benefits commence on the 8 th day of an illness

Duration of Benefit

up to 13 weeks

Long Term Disability

PAR provides long term disability (LTD) insurance to all active full time employees, at no cost to the employee. The chart below provides an overview of the plan.

This coverage is paid for 100% by PAR and is provided through Mutual of Omaha.

Benefit Percentage

60% of pre-disability earnings

Maximum Monthly Benefit

$10,000 per month

Benefits commence on the 90 th day

Elimination Period

Duration of Benefit

Social Security Normal Retirement Age (SSNRA)

10

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