Disability
Our STD coverage provides income protection in the form of 66.67% of your base salary, up to $2,000 per week, following a 14-calendar day elimination period, up to 11 weeks. All claims are subject to approval by the disability carrier, MetLife.
Disabilities arising from pregnancy or pregnancy-related illness are treated the same as any other illness and subject to the firm’s STD policy.
The cost of this coverage is paid by Forvis Mazars and reported as taxable income to you. As a result, disability benefits are generally paid tax-free, helping you keep more of your benefit when you need it most.
If an employee is eligible for State Benefits, they must apply if required by state law. If permitted, the STD benefit will be reduced by State Benefits or other government benefits that apply. Depending on employee compensation, the amount of the State Benefit and other factors, employees may only receive the minimum weekly benefit.
| Benefit | |
|---|---|
|
Waiting Period The amount of time you must be disabled before accident & illness benefits begin. |
Day 15 |
| Coverage Amount | 66.67% of your base salary, up to $2,000 per week |
|
Maximum Benefit Duration The longest period you can receive disability benefits |
Up to 11 weeks |
The LTD plan provides income protection in the form of 60% of your base salary, up to $12,000 monthly for illness or injury that results in a long-term absence from employment. LTD typically begins on week 12 after STD ends.
All LTD claims are subject to approval by the disability carrier, MetLife, and are offset with any payments received under Social Security or workers’ compensation for the same time period.
The cost of the premium paid on your behalf by Forvis Mazars will be calculated as imputed income so your benefit will not be subject to taxes and you will receive the highest possible amount when you need it the most.
| Benefit | |
|---|---|
|
Waiting Period The amount of time you must be disabled before accident & illness benefits begin. |
Day 91 |
| Coverage Amount | 60% of your salary |
|
Maximum Benefit Duration The longest period you can receive disability benefits |
Social Security Normal Retirement Age |
- Eligibility begins on the same day as the health-related benefits
- Be actively employed with Forvis Mazars
- Eligible employees must work at least 20 hours per week (1040+ hours per year). Partners, interns, seasonal or temporary employees are not eligible
An employee may need to transition from short-term disability to long-term disability if they are unable to return to work. Once short-term disability exhausts, the disability carrier, MetLife, will open a long-term disability claim on behalf of the employee. The approval process can take some weeks due to collection of additional records for medical and employment purposes. Once approved, MetLife will pay the employee monthly at 60% of the employee’s salary.
Before an employee can return to work, the firm requires a return-to-work release. This can be faxed securely to the Benefits Department at (417) 522-0790 or sent to myHR@us.forvismazars.com to the LOA team. The release would list any restrictions an employee has to safely return to work and the date they are cleared.
Our disability insurance plans are offered through MetLife. Once navigated to MetLife – search for “Forvis Mazars” as employer > Register as New User