SPEC Kit 320: Core Benefits · 63
$276,000.00
$5,000/month
$5,000/month
$5,500/month
$6,000/month
$6,000/month
$7,500/month
$7,500/month
$10,000/month
$10,000/month
$10,000/month
$10,000/month
$10,000/month. Maximum months benefits paid: 48 months.
$33,000/month
$1,140,000: Maximum is $19,000/month for 60 months.
96 weeks
Age 70
Coverage under this plan is dependent upon the retirement plan you are participating in at the onset of disability. If
you are enrolled in the Arizona State Retirement System (ASRS): your minimum monthly benefit is $50.00. Your LTD
contribution is a post-tax contribution currently at 0.40% of earnings, matched by the university. If you are participating
in the Optional Retirement Plan (ORP) or in the Public Safety Personnel Retirement System (PSPRS): minimum monthly
benefit is $100.00. Contribution: you do not pay for this benefit, as it is 100% paid by the university.
Duration of benefits is on a sliding scale from 60 months at age 60 to 12 months at age 69 and beyond, or to the
individual’s normal social security retirement age, whichever is later.
Lifetime.
LTD benefit is 85% of net pre-LTD salary to maximum insured salary of $153,495.
Maximum benefit: lesser of: 60% monthly salary up to $10,000 or $6,000.
Unlimited.
Until 65.
Up to age 65.
$276,000.00
$5,000/month
$5,000/month
$5,500/month
$6,000/month
$6,000/month
$7,500/month
$7,500/month
$10,000/month
$10,000/month
$10,000/month
$10,000/month
$10,000/month. Maximum months benefits paid: 48 months.
$33,000/month
$1,140,000: Maximum is $19,000/month for 60 months.
96 weeks
Age 70
Coverage under this plan is dependent upon the retirement plan you are participating in at the onset of disability. If
you are enrolled in the Arizona State Retirement System (ASRS): your minimum monthly benefit is $50.00. Your LTD
contribution is a post-tax contribution currently at 0.40% of earnings, matched by the university. If you are participating
in the Optional Retirement Plan (ORP) or in the Public Safety Personnel Retirement System (PSPRS): minimum monthly
benefit is $100.00. Contribution: you do not pay for this benefit, as it is 100% paid by the university.
Duration of benefits is on a sliding scale from 60 months at age 60 to 12 months at age 69 and beyond, or to the
individual’s normal social security retirement age, whichever is later.
Lifetime.
LTD benefit is 85% of net pre-LTD salary to maximum insured salary of $153,495.
Maximum benefit: lesser of: 60% monthly salary up to $10,000 or $6,000.
Unlimited.
Until 65.
Up to age 65.
