Payment Amount & Schedule
If you are unable to work due to an illness or disability and have been approved to receive short term disability benefits, you can expect weekly payments of 70% of your salary (up to $1,000 per week) for up to 52 weeks. Coverage begins on the 31st day of your disability leave.
Lincoln Financial Group will pay the STD benefits directly to you. If you continue to receive any salary continuation from your employer once you begin receiving disability benefits, the short term disability benefit will be reduced if you exceed 100% of your pre-disability earnings (salary). Your employer can coordinate and pay the additional benefits that you may not be receiving from your short term disability benefits.
In order to continue receiving benefits, you must be periodically certified by Lincoln Financial Group and remain in a doctor's care.
You may also qualify for short term disability if you have lost at least 20% of your earnings. That means you're still eligible to receive up to 70% of your lost wages (up to $1,000 per week), even if you work part-time during your disability leave. The benefit is pro-rated for any loss of earnings of 20% or more.
Benefits are reduced by any amount you receive from:
- Workers' Compensation or similar provisions in the law
- State disability benefits
- Social Security benefits
- Other income