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Short term disability deduction on paycheck
Posted on 10/18/18 at 4:46 pm
Posted on 10/18/18 at 4:46 pm
Is this standard for most companies? I don’t have to pay it, but my friend has paid $800 so far this year for it.
This post was edited on 10/18/18 at 6:18 pm
Posted on 10/18/18 at 4:56 pm to indytiger
Most companies offer short-term disability as part of a cafeteria plan where the employee can purchase at a group discount… Now long-term disability, is a different scenario. I found it common that long term coverage is provided by the employer at no or very minimal monthly cost
This post was edited on 10/18/18 at 8:23 pm
Posted on 10/18/18 at 5:23 pm to indytiger
I have a “buy-up” on long term to get me to 100% vs the 60% or whatever is standard.
Posted on 10/19/18 at 9:58 am to indytiger
quote:
Is this standard for most companies? I don’t have to pay it, but my friend has paid $800 so far this year for it.
I would say generally it is elective on the short term side. If the company is charging you for it as a benefit, you have the ability to take it or not. If the company pays for it, you'll be enrolled automatically.
If they aren't a female with any plans of being pregnant in the future, there isn't much need for them to have short term disability.
Posted on 10/23/18 at 8:44 am to GoCrazyAuburn
I have been out twice on short term disability. We'd have been fine if I hadn't had it but it sure was nice for my paychecks to continue while I was recovering.
Posted on 10/23/18 at 8:54 am to bobaftt1212
Long term is something everyone should have imo if it is offered. Short term depends on the person and their activities. I’m still playing soccer regularly thus I have both long and short term
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