Effective January 1, 2021, the city will transition to one short and long term disability carrier, The Standard Insurance Company. VRS Hybrid employees, who are not in their first year of employment, are currently enrolled in a comparable Virginia Local Disability Plan (VLDP) with coverage provided by The Standard.
With the transition, coverage for NNERF, VRS Plan 1 and Plan 2 employees to The Standard will offer improved benefit terms as well as enhanced customer service. Program highlights include:
- Telephonic Intake Customer Service Center 1-833-571-1200
- STD Waiting Period reduced from 30 days to 14 days (PML must still be exhausted prior to benefit coverage start)
- STD Coverage increased from 50% to 60% of base pay
- City-paid Core 40% LTD Benefit, 10% Buy-up Option still offered
- Note: The 10% Buy-Up payroll deduction is pre-taxed and is consistent with the 40% City-paid Core deduction. The actual benefit payments are taxable.
- Absence Management services FMLA & Disability Claims
Short Term Disability Monthly premiums reference chart, based on salary ranges, to assist employees with their enrollment decision:
Annual Salary | Weeks | Weekly Earnings | $10 Units | Monthly Rate | Monthly Cost |
$20,000 | 52 | $384.62 | $38.46 | $0.115 | $4.42 |
$30,000 | 52 | $576.92 | $57.69 | $0.115
| $6.63 |
$40,000 | 52 | $769.23 | $76.92 | $0.115
| $8.85 |
$50,000 | 52 | $961.54 | $96.15 | $0.115
| $11.06 |
$60,000 | 52 | $1,153.85 | $115.38 | $0.115
| $13.27 |
$70,000 | 52 | $1,346.15 | $134.62 | $0.115
| $15.48 |
Long Term Disability Monthly premiums reference chart, based on salary ranges, to assist employees with their enrollment decision:
Annual Salary | Months | Monthly Earnings | $100 units | Monthly Rate | Monthly Cost |
$20,000 | 12 | $1,666.67 | $16.67 | $0.109 | $1.82 |
$30,000 | 12 | $2,500.00 | $25.00 | $0.109
| $2.73 |
$40,000 | 12 | $3,333.33 | $33.33 | $0.109
| $3.63 |
$50,000 | 12 | $4,166.67 | $41.67 | $0.109
| $4.54 |
$60,000 | 12 | $5,000.00 | $50.00 | $0.109
| $5.45 |
$70,000 | 12 | $5,833.33 | $58.33 | $0.109
| $6.36 |