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This program is sponsored by the University of North Carolina System and administered by Lincoln Financial. The plan provides supplemental disability benefits to eligible employees during the period you are not eligible for the Disability Income Plan of North Carolina (DIP-NC). The plan pays benefits for employees who become continuously unable to perform the duties of their usual occupation due to a mental or physical incapacity while actively employed.
Income benefits are equal to 66 2/3% of your basic monthly earnings, up to a maximum of $10,000 a month. This program will coordinate with other income programs, including the DIP-NC program, once you are eligible for benefits. There is a 90-day waiting period before benefits become payable.
All permanent full-time employees who work 30 or more hours per week and are members of the Teachers’ and State Employees’ Retirement System (TSERS) are eligible.
Rates are determined by the employee’s annual income and monthly benefit amount. Use the Lincoln Financial Premium Calculator below to help you calculate your premiums.
Supplemental for TSERS
As a member of the N.C. Teachers' and State Employees' Retirement System (TSERS), in order to provide disability coverage during the period you are not eligible for the State's short-term or long-term disability benefit, and to provide additional benefits after you become eligible, you may elect to enroll in a voluntary supplemental disability plan.
- Eligibility: Permanent employees regularly scheduled to work 75% time or more (30 hours or more per week) and participating in TSERS.
- Carrier: Liberty Mutual
- Benefit: 66 2/3% of your gross monthly salary up to $10,000, coordinated with certain other benefits.
- For more information: See link for Liberty Mutual information.
- Coverage: Provides replacement income while you are ineligible for the Stateâ??s Disability Income Plan and supplements the State's plan when you are eligible.
- Waiting Period before Benefits begin: 90 days
- Enrollment: Download the enrollment form for Liberty. If you do not enroll within 60 days of employment and choose to enroll at a later time, you will have to furnish evidence of insurability that is satisfactory to Liberty Mutual.