Long-term Disability Insurance
Automatic enrollment in the Long-term Disability (LTD) plan occurs after one year of service for faculty and staff and on hire date for house staff. You may be able to waive the waiting period if you had group Long-term Disability coverage within 90 days of your hire date. To waive the waiting period, complete the "Long-term Disability: Certification of Prior Coverage Form" found on the Forms and Documents page.
LTD insurance supplements your income if you ever become totally disabled and are unable to work for six months or longer. A total disability is one that prevents you from performing one or more of the essential duties of your occupation for the first 24 months. The disability benefit will continue if you cannot perform one or more of the essential duties of Any Occupation.
While you are disabled, the plan can provide you a regular monthly income of 60% of your regular pay, up to a maximum monthly benefit of $33,000. LTD benefits also include monthly contributions to your retirement account if you are a participant in Vanderbilt's Retirement Program.
Vanderbilt pays for LTD insurance covering the first $24,000 of your annual base pay. You pay for coverage above $24,000. You can waive the additional coverage (above the $24,000 that Vanderbilt pays) by signing a waiver form.
For complete details on Long-term Disability, refer to the "Long-term Disability Summary Plan Description" on the Forms and Documents page.
The Hartford administers the Long-term Disability benefits.
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