Nationwide disability insurance Leisure, Disability and Life

Nationwide disability insurance

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Leisure, Disability and Life

Paid Time-Off (PTO)

Following 3 months of employment, employees are eligible to receive compensation for PTO. PTO is provided for scheduled time off such as vacations, routine medical/dental appointments, sick days, personal time and designated holidays. PTO can also be used for approved unscheduled time off. PTO accrues each pay period based on employee’s full-time status and years of service according to the following schedule: part-time employees do not accrue holidays (6 days) plus personal days (3 days). For exact part-time accruals, call Human Resources.

Accruals are pro-rated based on “hours paid” in a pay period (up to a maximum of 80 hours worked). Employees may accrue PTO up to the following maximums:

Short-Term Disability (STD)

STD is provided after 3 months of employment for eligible personal illness or illnesses of immediate family members living in the same household. STD accrues each pay period based on employee status (part-time and full-time) and length of service according to the following schedule:

Long Term Disability Insurance

Income protection is offered at no cost to full time (.8-1.0 FTE) employees who have completed six months of service. Benefits of 55% of salary, up to a maximum of $13,500 per month, will be paid after 180 days of total disability until age 65. Employees may purchase an option to increase their coverage to 66 and 2/3% benefits to be paid after 90 days of disability.

Life Insurance

Term life insurance is provided at no cost to full time and part time benefits-eligible employees after six months of employment, with an option to purchase additional insurance coverage.

The following types of life insurance available are:

• Basic Employee Life Insurance – Term life insurance equal to two times annual earnings (rounded to the next highest $500) up to a maximum of $600,000 is provided at no cost to employees.
• Supplemental Life Insurance – Equal to one-half, one, one-and-one-half, or two times annual earnings may be purchased through payroll deduction.
• Family Life Insurance – Employees may purchase insurance on the lives of their spouse and/or eligible dependent children through payroll deduction. The spouse will be covered for $10,000, each child age six months or older for $5,000 and each child under six months of age for $1,000. Employees who elect family life insurance will pay a bi-weekly premium of $0.95 through payroll deduction.

Accidental Death and Dismemberment

Basic Accidental Death and Dismemberment is provided at no cost to all employees after six months of employment. Coverage is effective six months after an employee’s date of hire. Upon proof of an accidental loss, a principal sum amount of two times earnings (subject to a maximum amount of $600,000 rounded to the next higher $500) will be paid.

Supplemental AD&D is also available to all benefits eligible employees. Coverage is effective six months after an employee’s date of hire. Upon proof of an accidental loss, a principal sum amount of 0.5, 1, 1.5 or 2 times earnings (subject to a maximum amount of $600,000 rounded to the next higher $500) will be paid.

Travel Accident Insurance

Employees are provided with $100,000 of death or dismemberment insurance protection while traveling on Nationwide Children’s business. The full cost of this insurance is paid by Nationwide Children’s.

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