2020 Paycheck & Life Insurance
2020 Paycheck & Life Insurance
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Highlights:
Highlights:
Short Term Disability (STD)
Finish Line is excited to continue its investment in YOU in 2020 by covering the cost of Short Term Disability (up to 13 weeks) for all Benefits eligible employees on January 1, 2020. Short Term Disability Insurance is "paycheck insurance" for when life throws unexpected events into your path.
Long Term Disability (LTD)
Beginning January 1, 2020 all benefit-eligible employees at the Corporate Manager level and up will be provided Long Term Disability (LTD) by the company at no cost.
JD Finish Line will pay 50% of the premium for all other regular full-time benefit-eligible employees who voluntarily elect Long Term Disability LTD.
Basic Life Insurance with AD&D
Company provided benefit at no cost to you.
All regular full-time store employees and regular full-time hourly corporate, DC and Customer Care employees have the benefit of one times base pay up to $100,000.
On January 1, 2020 all full-time salaried corporate and remote employees will now have the benefit of two-times base pay up to $500,000.
Short Term Disability (STD) - Employer Paid!
Short Term Disability (STD) - Employer Paid!
Short-Term Disability (STD) provides income protection for disabilities that occur due to injury or sickness and last for a short period of time.
It is offered to all full-time benefit eligible employees. If an employee is unable to work due to accident or illness, Short Term Disability will cover a portion of the employee’s income per week.
Starting January 1, 2020 JD Finish Line will cover the cost of Short Term Disability (up to 13 weeks) for all benefits-eligible employees.
SHORT TERM DISABILITY IS ALSO THE BENEFIT THAT WILL PROVIDE 60% OF YOUR INCOME COMING IN WHEN YOU’RE OUT ON MATERNITY LEAVE. SEE PAGE 16 OF THE BENEFITS GUIDE FOR MORE INFORMATION ABOUT OUR FUTURE MOMS PROGRAM.
SHORT TERM DISABILITY IS ALSO THE BENEFIT THAT WILL PROVIDE 60% OF YOUR INCOME COMING IN WHEN YOU’RE OUT ON MATERNITY LEAVE. SEE PAGE 16 OF THE BENEFITS GUIDE FOR MORE INFORMATION ABOUT OUR FUTURE MOMS PROGRAM.
Long Term Disability (LTD)
Long Term Disability (LTD)
Long-Term Disability (LTD) provides income protection against a long-term injury or sickness that extends beyond the period covered by the short-term disability plan.
It is also offered to all full-time benefit eligible employees. Long Term Disability replaces a portion of your Pre-disability earnings up to a monthly benefit maximum due to accident or illness.
Beginning January 1, 2020 all benefit-eligible employees at the Corporate Manager level and up will be provided Long Term Disability (LTD) by the company at no cost.
JD Finish Line will pay 50% of the premium for all other regular full-time benefit-eligible employees who voluntarily elect Long Term Disability LTD.
Basic Life Insurance with AD&D
Basic Life Insurance with AD&D
Finish Line offers Basic Group Life Insurance at no cost to you. All full-time store employees/hourly corporate employees (including DC/Customer Care) have a benefit of one times base pay up to $100,000. Starting January 1, 2020 All full time salaried corporate and remote employees have a benefit of 2 times base pay up to $500,000
Plan Details:
Life Benefit - $10,000 increments up to 5X your basic salary, not to exceed $500,000
Spouse Benefit - $5000 increments up to a maximum of $250,000 not to exceed 50% of employee election.
Child Benefit - $10,000
Age Reduction - 35% at 65 / 55% at 70 / 70% at age 75 / and 80% at age 80.
Voluntary Life and AD&D
Voluntary Life and AD&D
If you have standard hours of at least 30 per week, you may purchase life and AD&D insurance in addition to the company-provided coverage. You may also purchase life and AD&D insurance for your dependents if you purchase additional coverage for yourself. Coverage will be subject to medical evidence of insurability.
Call the HR Helpdesk at 317-613-6890 or email hrhelpdesk@finishline.com for any additional questions!
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