After one year of full-time employment and after sick leave has been exhausted, eligible employees are paid 75% of their base salary for up to six months. Employees who accumulate annual leave will use accumulated and unused annual leave to make up the difference between short-term disability payments and full salary.
LONG-TERM DISABILITY (VOYA Group Long-Term Disability Plan)
Long-term disability is a benefit to employees after they have been employed for one year. After six (6) months of disability, the policy pays up to 60% of basic annual salary less social security, retirement, workers’ compensation, etc. Premiums are currently paid by the University.
NMU has partnered with VOYA Financial to provide long-term disability insurance to employees who work at least thirty (30) hours per week and to faculty who teach twelve (12) or more credited hours in a school year.
VOYA Value Added Services
There are some life conversations that no one wants to have - especially when it involves planning for financial matters, insurance needs, making end-of-life decisions or planning for the loss of a loved one.
As part of your life insurance plan with VOYA Financial, you have access to value-added services, designed to help you and your loved ones make more informed decisions. Services include:
- Funeral Planning and Concierge Services: Provide by Everest, the first nationwide funeral planning and concierge service. Everest is available 24/7 to provide pre-planning services and at-need services. Services include PriceFinder Research Reports and other online planning tools. After a loss, this service includes family advocacy and professional negotiation of funeral prices with local providers—often resulting in significant financial savings
- ComPsych GuidanceResources: Provides support, resources, and information for personal and work-life issues that you and your family may face.
- Travel Assistance Services: When traveling more than 100 miles from home, VOYA Travel Assistance offers you and your dependents four types of services: Pre-trip information, Emergency Personal Services, Medical Assistance Services, and Emergency Transportation Services.