Total Disability Insurance

Participation begins immediately if you were previously enrolled in a similar plan within three months of your employment with Kenyon. There is a one year waiting period for those not previously enrolled.

The monthly benefit is 60% of the employee's monthly compensation in effect at the commencement of the total disability. The benefit is reduced by any amount payable under Social Security and/or Workers' Compensation. The maximum monthly benefit is $4,500.00, the minimum benefit is $100.00.

Benefits will begin on the first day of the calendar month next following six months of continuous total disability. Benefits cease on the first day of the month in which the total disability terminates or, if earlier, the first day of the month in which the employee reaches age 70. Benefits are not paid for the first six months of continuous total disability.

The policy also continues the employee's and College's contributions to the regular retirement plan as long as the employee is totally disabled. This benefit will be the smaller of a) 12 1/2% of monthly base salary, or b)a monthly equivalent of the contributions made by the employee and College. This benefit does not apply to TIAA/CREF Supplemental Retirement Annuities.

NOTE: This plan has been described here in a general manner. Your benefits are more fully described in the plan document. In case of a conflict or omission, the provisions of the plan document will govern.

Kenyon pays 100%, employee pays 0%