What you need to know
Broken ribs. A difficult pregnancy. The back spasms from a car accident. There are plenty of reasons why you may need Short-Term Disability (STD) and Long-Term Disability (LTD). That’s why PayPal provides both at no cost to you. You’re automatically enrolled in each, so you’re covered if the unexpected hits you.
How the plans work
Receive 80% of your base salary, up to a max of $6,500 per week for up to 6 months. And the Enhanced Maternity Benefit provides up to 100% of your base salary for the first eight weeks of pregnancy disability leave. Keep in mind that there is a 7-day waiting period before STD benefits kick in.
Receive 67% of your base salary, up to a max of $25,000 per month. This level of LTD coverage is in effect through 2020. This coverage amount will change effective 1/1/21. Find out more about LTD changes for 2021.