Xpress Global Systems • 2023 Benefit Guide
SHORT-TERM DISABILITY LINCOLN FINANCIAL GROUP
800-423-2765 | LFG.COM GROUP NUMBER: 1025385 XGS provides full-time employees with a $500/week Short-Term Disability benefit at no additional cost to you in the event you are unable to work due to a non-work-related illness or injury. If you are eligible to receive benefits from Social Security, and/or Disability (state and federal), your STD benefits will be reduced by that amount. If you are eligible to receive Workers Compensation you will not be eligible for Short-Term Disability.
Benefit
Company Paid Short-Term Disability
Voluntary Short-Term Disability
Benefits Begin
15th day
15th day
Benefits Payable
11 weeks
11 weeks
Benefit Percentage
40%
60%
Weekly Max Benefit
$500
$1,000
Pre-Existing
N/A
N/A
*Any Injury or Sickness for which you received medical treatment, advice or consultation, care or services, including diagnostic measures, or had drugs or medicines prescribed or taken in the 3 months prior to the day you become insured under the Policy. The carrier will not provide benefits for any Disability caused by, attributable to, or resulting from a Pre-existing Condition which begins in the first 6 months after you are continuously insured under the Policy.
Voluntary Short-Term Disability Bi-Weekly Cost per $10 of Weekly Benefit
Company Paid Short-Term Disability
100% Company Paid
$0.167
Special Note: Research disability laws in your state before choosing coverage. Your STD benefit may be offset by state plans.
Calculate Your Voluntary STD Payroll Deduction 1. Enter your Weekly Earnings (not to exceed $1,150)
Line 1: $
2. 3.
Line 2: X .00462
Multiply Line by 1 times .00462
Line 3: $
This will be your per paycheck cost
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