When you go on leave, there are several ways to keep some or all of your normal income.
Disability Insurance Payments
Disability insurance payments can provide partial income replacement. Review the types of disability insurance and associated eligibility requirements:
- Voluntary Disability Insurance
- Long-Term Disability Insurance
- Short-Term Disability Insurance
- Family Temporary Disability Insurance
For most leaves, you also have the option for Stanford salary continuation, using your available leave accruals. These include:
- Sick time (can only be used if you or one of your family members is sick)
- Paid time off (PTO)
- Floating holiday
Example of Income Replacement
Let’s say you need to take a medical leave of absence. You will be required to apply for Voluntary Disability Insurance payments. If VDI is approved, you will start receiving disability payments after a seven-calendar-day waiting period. You can also use paid time off accruals to supplement the VDI payments so that you receive 100% of your base pay. This is called salary continuation.
If you don’t have accruals or don’t wish to supplement your disability benefits, you have the option to take leave without pay. If you choose this option, you will be placed on unpaid leave at Stanford; however, your disability benefits may still continue for as long as you meet the guidelines of the plan.