Page 33 - 2020 Benefits Guide

Calculate Your Cost for Short-Term Disability
Your premium is determined by your base rate of pay. These premiums are withheld
on a pre-tax basis. When using automated enrollment, your cost for coverage will
automatically populate. Here is the formula used to calculate your premium:
Example
Here is the formula to calculate your cost for the STD coverage:

# of Units
___________________ / 100 = ____________ x .42 = ______________
Weekly Premium
Your Base Weekly Pay
Per Paycheck
# of Pay Periods*
Then, __________________ x 52 / _________________ = _____________
Weekly Premium
*26 if paid Bi-Weekly or 52 if paid weekly; in 2020, use 53 for weekly pay
periods and 27 for bi-weekly pay periods
How to Report a Disability Claim
Call Sun life at 833-812-5177. Please have this information handy:
; Your name, address, phone number, birth date, date of hire, Social Security number
; Your employer’s name, address and phone number
; Date of your claim and when you plan to return to work
; If you’re pregnant, give your expected delivery date
; Name, address and phone number of each doctor you are seeing for this absence

Sara Zappone-Alfree, Inside Sales Rep
Johnstown, NY Lumber

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