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Costs/Premium Payments

Premiums for Short Term Disability Benefit are based on your salary:1

Salary Monthly Premium
Less than $25,000 $8
$25,000 - $44,999 $17.50
$45,000 and above $32

Depending upon your benefits, your employer may pay the full premium or even share some of the cost with you. If you do not receive this coverage in your benefits package, you may purchase it through your employer.

Please note: if you pay all or part of the premium with post-tax dollars, your payments are not taxable.

Tax Implications

The following are general guidelines for tax purposes. For further information, please contact your benefits administrator.

  • If you pay the entire Short Term Disability Benefit premium with post-tax dollars, your payments are not taxable.

If your employer pays all or part of the premium, your benefits will be taxed in proportion to the percentage your employer contributes. For example, if your employer pays 40% of the premium, you will be taxed on 40% of the benefit.

1Premiums in effect until December 31, 2018

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