Income Protection Plan

The Manager's Income Protection Plan (IPP) is a combined basic life insurance and long term disability (LTD) benefit available to managerial level employees covered by the Manager’s Plan and certain employees covered in the Commissioner’s Plan. Your IPP premium is based on which life insurance coverage level you choose, the elimination period you choose for your LTD, and your monthly salary. The IPP Overview provides highlights of the IPP benefits. For a more in-depth description of the IPP benefits, review the IPP Summary of Benefits.

Manager's Life Insurance
- The state pays the full cost for employees eligible for insurance with an employer contribution
- You choose between two coverage options:
  - 1½ times your annual salary
  - 2 times your annual salary
Manager's Long Term Disability (LTD)
- The LTD portion of the IPP provides you with income when an injury or illness results in your disability beyond your chosen elimination period.
- The elimination period is the amount of time that must pass before the benefit can be received following the onset of a disability.
- You may have the option to change your elimination period during the annual Open Enrollment or by providing evidence of insurability.
- When becoming eligible for Manager’s LTD, any prior enrollment in LTD will be discontinued upon your enrollment in Manager’s LTD.
Short-Term Disability (STD)
- If you were enrolled in short term disability (STD) prior to becoming eligible for the IPP, you may continue your STD coverages. You may not increase the amount of STD coverage after IPP coverage begins.
- New employees who are eligible for IPP may not enroll in STD coverage.
Rates
- Manager’s Life (PDF version)
- Manager’s LTD (PDF version)
- IPP Worksheet (PDF version) You can use this worksheet to calculate your IPP premium amount.