Financial well-being

Short-term &
long-term disability

Helps protect your income so you can focus on healing.

Starting your leave of absence is simple, convenient, and designed with your needs in mind. To improve your overall experience, Refresco partnered with Reliance Matrix to administer important benefits programs, including short-term disability (STD), long-term disability (LTD), the Family and Medical Leave Act (FMLA), and supplemental health benefits. This partnership ensures a more streamlined and supportive process as you manage time away from work.

Short-term disability

Short-term disability (STD) insurance is designed to help ensure your financial protection should you become disabled due to a non-work related illness or injury. Reliance Matrix provides disability benefits and Refresco pays for the basic benefit. Supplemental short-term disability is employee-paid, if you choose to enroll.

Long-term disability

Long-term disability (LTD) insurance provides you with salary protection if you are unable to work because of a covered illness or injury beyond 26 weeks.

Benefit information Basic
short-term disability		 Supplemental
short-term disability		 Long-term
disability
Elimination period Seven days for injury and sickness Seven days for injury and sickness 180 days of continuous disability
Benefit 60% of salary to a max of $2,500/week 70% of salary to a max of $3,000/week 66 2/3% of monthly earnings to maximum $10,000/month
Duration Up to 26 weeks Up to 26 weeks Earlier of normal social security retirement age or when no longer disabled
Premiums Paid by Refresco Paid by employee* Paid by employee*

*If employee chooses to enroll in disability benefits, their premium will be calculated based on election and employee’s age at the beginning of the plan year.

Note: If you are an employee in New York or New Jersey, you may be eligible for state paid insurance. Refer to your local CBA/handbook for further information.