Disability coverage @ Harvard
Everyone faces the risk of becoming disabled. In fact, the chance of the working-age-adults becoming disabled due to accident or illness before retirement is far higher than most people realize.
Harvard provides a range of Short and Long Term Disability coverage to protect your financial stability in case of disability.
- In most cases, the Short Term Disability Program, fully funded by Harvard, pays a substantial percentage of base pay to employees.
- The optional Long Term Disability Program provides income replacement and benefits continuation if you are unable to work for longer than
six months. When combined with Social Security and/or Workers’ Compensation, this program provides 60 percent of your pre-disability salary.
And, to provide extra security, while you are receiving Long Term Disability benefits, you remain eligible to participate in Harvard’s medical, dental and life
insurance plans. The period during which you are disabled even counts toward earning retirement benefits!