Page 37 - 2021 Team Member Benefit Guide - English
P. 37
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
Your Base Weekly Pay
___________________ / 100 = ____________ x .42 = ______________
Weekly Premium
Per Paycheck
# of Pay Periods*
Then, __________________ x 52 / _________________ = _____________
Weekly Premium
*26 if paid Bi-Weekly or 52 if paid weekly
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
Frank Rolfes, General Manager Wendy Fletcher, Outside Sales Rep
Longmont, CO Houston, TX
Barry Burmaster, Dir. of Merchandising Teresa MacDonald, Office Administrator
Dallas, TX Point of Rocks, MD 36
