Supplemental Disability Plans
Lincoln Financial Group and Standard Insurance Company
NC State University offers two supplemental disability plans to provide long-term disability benefits through convenient payroll deductions. Long-term disability (LTD) benefits are provided through either Lincoln Financial Group or Standard Insurance Company. The Lincoln Financial Group LTD plan is only for those in the Teachers’ and State Employees’ Retirement System (TSERS) or Law Enforcement Officers Retirement System (LEORS). The Standard Insurance LTD is only for participants in the Optional Retirement Program (ORP). See below for information about these plans, or visit the income protection benefits page on the UNC System website for complete details.
Eligibility
Lincoln Financial Group LTD Plan: Only available to employees who are participants in the Teachers’ and State Employees’ Retirement System or Law Enforcement Officers Retirement System.
Standard Insurance Company LTD Plan: Only available to employees who are participants in the Optional Retirement Program.
Effective Dates of Coverage
New employees may enroll within 30 days of their date of hire without completing a medical questionnaire.
Start of Coverage
Upon enrollment in a supplemental disability plan, coverage will begin the first of the month following the enrollment date or on Jan. 1 if enrolling during an annual enrollment period.
End of Coverage
Supplemental disability coverage ends on the last day of employment or the last day of eligibility for the plan. There are no continuation provisions for these plans.
Lincoln Financial Group Plan Benefits
The Lincoln Financial Group supplemental long-term disability insurance provides coverage for employees who are not yet eligible for the state’s long-term disability plan or those who wish to supplement the state’s disability benefits. The plan is available at a nominal cost only to employees who are participating in TSERS.
After a 60-day waiting period, employees may receive a benefit equal to 66-2/3% of their monthly salary up to a maximum monthly benefit of $10,000.
This plan coordinates with benefits received from Social Security, workers’ compensation, and the Disability Income Plan of North Carolina (once an employee becomes eligible for the state’s short- and/or long-term benefits). Premiums are reduced after five years of contributing membership to the state retirement system.
Get more information on the UNC System website.
Standard Insurance Company Plan Benefits
The Standard’s supplemental long-term disability insurance plan is offered at a nominal cost to participants in the ORP. Designed to help fill the gaps left by the state’s plan, this program replaces up to 66-2/3% of an employee’s monthly wage base up to a maximum of $15,000 per month.
In addition, the plan protects the employee’s retirement by providing a contribution equal to the monthly employee and employer retirement contribution (currently a combined total of 12.84%).
This plan coordinates with benefits received from Social Security, workers’ compensation, and the Disability Income Plan of North Carolina (once the employee becomes eligible for the State’s short- and/or long-term benefits).
Get more information on the UNC System website.
Premiums and Enrollment
Visit the UNC System website (under Supplemental Disability Programs) to view current rates for Lincoln Financial Group and Standard Insurance Company LTD plans.
Visit HRNow for detailed enrollment instructions.
Supplemental Disability Plans
NC State University offers eligible employees supplemental disability plans to provide long-term disability benefits, provided through either Lincoln Financial Group or Standard Insurance Company.