Employees are automatically enrolled in Sandia’s Long-Term Disability Plan starting their first day of employment. This plan pays up to 50% of employees’ base salaries should they become totally and permanently disabled due to a non-occupational or occupational illness or injury after exhausting Sickness Absence Benefits or Injury Time. Sandia pays the entire cost of this plan.
The plan guarantees continuation of half pay, with benefits reduced by other sources of income (such as Social Security benefits) and any Sandia pension.
Employees are eligible to enroll in the Long-Term Disability Plus Plan starting their first day of employment. This is an optional employee-paid plan that offers the convenience of payroll deductions. The additional benefit amounts (10% and 20%) are in addition to the 50% benefit provided by the company-paid Long-Term Disability Plan. No proof of insurability is required if the employee enrolls within 30 days of their first day of employment.
To be eligible to receive benefits from this plan, the employee must have been approved for Long-Term Disability benefits by the administrator of the plan, and have paid 12 months of premiums into the Long-Term Disability Plus Plan.