LTD Insurance premium rates are determined by 1) the elected waiting period, 2) how much you earn, and 3) what retirement plan you participate in.
Washington State University Retirement Plan (WSURP) plan participants will receive a 10% (under age 35) or 15% (age 35 and over) contribution to their WSURP account in addition to the 60% salary replacement. TRS, PERS, and other plan participants will not receive retirement contributions, but in the event of a permanent or long-term condition, they may be eligible for a possible pension benefit from the LTD coverage at the time of their normal social security retirement age.
| Benefit Waiting Period | WSURP Participants | TRS, PERS, Other Plan Participants |
|---|---|---|
| 90 days | 0.72% | 0.60% |
| 120 days | 0.42% | 0.36% |
| 180 days | 0.32% | 0.28% |
| 240 days | 0.30% | 0.27% |
| 300 days | 0.28% | 0.25% |
| 360 days | 0.27% | 0.24% |
For example, an employee earning $3,500 a month would pay the following monthly premiums:
- If in the WSURP plan: 90 day = $25.20; 120 day = $14.70; 180 day = $11.20; 240 day = $10.50; 300 day = $9.80; 360 day = $9.45
- If in the PERS/TRS/LEOFF plans: 90 day = $21.00; 120 day = $12.60; 180 day = $9.80; 240 day = $9.45; 300 day = $8.75; 360 day = $8.40
Visit the LTD Open Enrollment Post for additional information, including details on how to enroll or make changes during the LTD Open Enrollment Period.
Questions may be directed to HRS Benefit Services at (509) 335-4521 or hrs@wsu.edu. Follow WSU HRS on Facebook or Twitter for updates.
