You can feel secure knowing Jabil’s Disability Insurance gives you income protection if you’re unable to work.
Short-Term Disability (STD)
Jabil provides you with Short-Term Disability coverage through MetLife at no cost to you.
- Benefits begin on the first day away from work due to a personal injury and after seven unpaid calendar days (the elimination period) due to illness. You can use PTO during the elimination period.
- Payment is 70% of weekly base earnings, up to a maximum weekly benefit of $2,000. (See disability certificate of coverage for definition of earnings.)
- STD benefits may continue for up to 26 weeks.
Long-Term Disability (LTD)
Jabil provides you with Long-Term Disability coverage through MetLife.
- If you are unable to work for 180 days due to a disability, you may be eligible to transition to paid LTD.
- Payment is 60% of monthly base earnings, up to $15,000 per month. (See disability certificate of coverage for definition of earnings.)
- LTD benefits will continue while you remain disabled or until you reach certain age limits.
You can choose to pay taxes on company-paid LTD premiums or not. If you elect to pay taxes on LTD premiums and later become disabled, you won’t pay taxes on the LTD benefits you receive (the tax you pay is based on your salary).
Note: You must be actively at work for your initial disability coverage to take effect.
On This Page
Resources
- Jabil Benefits Service Center
- Healthy Baby Program Through Health Advocate
Registration code: U7LMHQQ; Organization: Jabil Inc. - Jabil MetLife Site
- MetLife MyBenefits