
Disability insurance pays a benefit to help replace income lost if you are not able to work because of a disabling illness or injury. Having adequate disability insurance can give you some peace of mind, knowing that you and your family are prepared for whatever may arise.
The company provides eligible employees with Short-Term Disability. You will want to consider your financial situation and decide if you might need Long-Term Disability coverage, based on your unique circumstances. Having enough disability protection means you will have fewer financial worries and can focus on regaining your health and getting back to work.
CSC provides Short-Term Disability (STD) insurance. This is a voluntary employee-paid benefit. Your weekly STD benefit is equal to 60% of your salary, up to a maximum weekly benefit of $3,462. Benefits start after a 7-day or 30-day waiting period and continue for up to 26 weeks as long as you remain disabled.
You also may purchase voluntary Long-Term Disability insurance to pick up where your STD coverage ends in the event you become disabled for more than six months. This insurance pays a monthly benefit equal to 60% of your salary, up to a maximum monthly benefit of $15,000. Benefits start after a 180-day waiting period, and continue to age 65.