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Overview

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Use the menu on the left to access helpful resources and contacts information related to the benefits described on each page.

The loss of income due to illness or injury can cause serious financial hardship for your family. Disability insurance replaces a portion of your income to help you continue to pay bills and meet your financial obligations.

  STD LTD
Who pays? Employer-paid Employer-paid
Benefit provided Up 60% of your weekly base salary Up to 60% of your monthly base salary
Maximum benefit Up to $2,310 per week Up to $10,000 per month
Maximum duration Up to 26 weeks as long as you are on an approved disability leave Until you’re no longer considered disabled or you reach normal retirement age, whichever comes first
Waiting period 7 calendar days 180 days

You are eligible for STD and LTD if you are an active full-time employee who works at least 30 hours a week. Coverage goes into effect automatically if you are eligible, as long as you are actively at work; you do not have to enroll.

Benefits may be offset (reduced) by other disability income you receive, such as Social Security disability benefits or workers’ compensation.

For more information about disability benefits, visit the The Hartford website or call 1-800-549-6514.

Short-Term Disability Insurance (STD)

  • Coverage begins after 7 calendar days of disability.
  • Pays up to 60% of your weekly base salary, to a maximum of $2,310 per week.
  • Benefits can last up to 26 weeks as long as you are on an approved disability leave.
  • Review the STD Benefit Highlights for additional details.

Long-Term Disability Insurance (LTD)

  • Coverage begins after you have been disabled for 180 days.
  • Pays up to 60% of your monthly base salary, to a maximum of $10,000 per month.
  • Benefits can continue until you’re no longer considered disabled or you reach normal retirement age, whichever comes first. However, there is a lifetime maximum of 24 months of coverage for long-term disabilities resulting from alchoholism, substance abuse or mental illness.
  • Pre-existing conditions are not covered in the first 12 months from the effective date of coverage.
  • Review the LTD Benefit Highlights for additional details.

STD tax choice

You have a choice as to when you pay taxes on STD — on the premium or on the benefit itself. Here’s how each option works:

Nutanix pays your STD premium … So, by law, any STD benefits are … And your current tax situation is …
Option 1: Premium Not Imputed (benefit is taxed) Taxed as income
if/when you receive them 		Not affected
Option 2: Premium Imputed (benefit is tax-free) Not taxable income
if/when you receive them 		Affected — the value of the premium is “imputed income,” so you pay taxes on this amount

Important: If you do not make an STD tax choice when you first enroll in benefits or during Open Enrollment each year, you will be automatically enrolled in Option 2: Premium Imputed (benefit is tax-free).

Because the value of the premium is “imputed income,”* it increases the taxable income reported on your W-2, and you pay taxes on this amount. If you do not want to pay imputed income on the STD premium that Nutanix pays on your behalf, you must actively elect Option 1: Premium Not Imputed (benefit is taxed) as your STD tax choice during the enrollment process. This means if you ever use your STD benefit, you will be taxed on any payments made to you from the STD plan at the time of payment.

Those who do not make an election will be defaulted to Option 2: Premium Imputed (benefit is tax-free) in Workday. This means that you will pay taxes on the value of the premium each pay period, and the STD benefit will not be taxed (because you paid taxes on the premium).

*Imputed income is the value of the Short-Term Disability benefit paid by Nutanix on your behalf.