CODAC 2024 Guide To Your Benefits

VOLUNTARY SHORT TERM DISABILITY (STD) - MUTUAL OF OMAHA Voluntary STD is available at additional cost to the employee through payroll deduction. There is no coverage for spouse or dependents. • Benefits begin on the 15th day of your disability injury (non-work related) or illness

AGE RATE TABLE

AGE

RATE - Per $10 of weekly benefit

0 - 29

$0.68

30 - 34

$0.62

35 - 39

$0.58

40 - 44

$0.56

45 - 49

$0.59

24 maximum weekly payments

50 - 54

$0.64

• Benefit is 60% of salary not to exceed $500 per week

55 - 59

$0.75

60 - 64

$0.88

Click here to learn more about STD with Mutual of Omaha

65 - 69

$1.00

70+

$1.10

VOLUNTARY LIFE INSURANCE and ACCIDENTAL DEATH & DISMEMBERMENT (AD&D) - MUTUAL OF OMAHA Voluntary Life Insurance and AD&D are available at an additional cost to the employee through payroll deduc tion. The employee and/or dependents may need to qualify for benefits.

Employee Only:

$10,000 up to 7x annual salary up to $350,000 - Guarantee Issue: 7x annual salary up to $100,000 (Initial Eligibility) $5,000 up to $100,00 not to exceed 50% of employee benefit - Guarantee Issue: Up to $30,000 (Initial Eligibility) $2,000 up to $10,000 not to exceed 50% of employee benefit - Guarantee Issue: Up to $10,000 (Initial Eligibility) Dependent children to age 26.

Spouse:

Child(ren):

BI - WEEKLY PREMIUM RATE TABLE

CHILD PER $1,000 (must purchase minimum of $2,000 of coverage)

ATTAINED AGE

EMPLOYEE PER $10,000

SPOUSE PER $5,000

Less than 25

$0.39

$0.20

$0.18 regardless of number of children

25 - 29

$0.39

$0.20

30 - 34

$0.39

$0.20

35 - 39

$0.53

$0.27

40 - 44

$0.76

$0.38

45 - 49

$1.22

$0.61

50 - 54

$1.73

$0.87

55 - 59

$2.52

$1.26

60 - 64

$4.08

$2.04

65 - 69

$7.32

$3.66

70 - 74

$10.27

75+

$22.04

Click here to learn more about Life Insurance and AD&D with Mutual of Omaha

Improving Health, Transforming Lives.

CODAC Health, Recovery & Wellness | 2024 Employee Benefits Guide 11

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