The Standard is pleased to announce
Increases to the maximum benefit amounts for government employees, including government physicians.
For government employees, the maximum individual disability income insurance (IDI) benefit amount has been increased as follows:
- $5,000 maximum benefit amount for occupation classes 3A, 3P, 4A, 4P and 5A;
- $2,000 maximum benefit amount for occupation classes 2A, A and B.
| Occ Class | Previous Maximum Benefit | New Maximum Amount |
| 5A | $2,000 | $5,000 |
| 4A, 4P | $2,000 | $5,000 |
| 3A, 3P | $1,500 | $5,000 |
| 2A | $1,000 | $2,000 |
| A | $500 | $2,000 |
| B | $500 | $2,000 |
Government employees generally participate in the Federal Employees Retirement System (FERS), Public Employees Retirement System (PERS) or other similar government-sponsored programs. These retirement programs include a disability benefit that is separate from any group long term disability (LTD) plan that may be available.
The Standard's new IDI benefit amounts for all insurable government employees are determined by treating FERS, PERS and similar retirement disability benefits the same as a group LTD plan that covers 40% of salary, to a maximum of $10,000. If LTD is available in addition to FERS, PERS or other similar benefits, please contact your underwriter at The Standard.
For federal, state, city and county employees the following IDI benefits are available from The Standard:
- Noncancelable Benefit Rider.
- Residual Benefit Rider.
- Future Purchase Option Rider (FPO) including a special statement to the effect that part or all of the FPO may not be exercisable as long as the insured remains a government employee.
- Catastrophic Benefit Rider* (CAT). The CAT benefit amount is available at a 1:1 ratio with the base coverage available.
- 3% Indexed Cost of Living (ICOL) Rider.*
*Not available with The Protector.
Limitations:
- Maximum age to qualify for coverage: 55.
- Maximum years of government employee service to qualify for coverage: 10.
- Coverage must be all base with no SSI.
The online Reference Product Guide, form 9251REF, has been revised to reflect these changes.
Questions
Please contact DIBroker if you have questions. We are happy to help you.
DI News Archive
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