Short-Term Disability Pay Schedule*
|
Years of Recognized Service
|
Weeks at 100% Pay Within a Calendar Year
|
Weeks at 60% Pay
|
|
Less than 1
|
0
|
25
|
|
1–2
|
4
|
21
|
|
3–4
|
7
|
18
|
|
5–6
|
10
|
15
|
|
7–9
|
13
|
12
|
|
10–19
|
16
|
9
|
|
20 or more
|
25
|
0
|
* Full-time employees, including re-employed individuals, must complete the Introductory Period before the beginning of the short-term disability leave to be eligible for short-term disability pay; part-time employees must complete one year of Recognized Service before the beginning of the short-term disability leave to be eligible for short-term disability pay. Re-employed part-time employees must complete the Introductory Period following their re-employment date to be eligible to receive short-term disability pay, even if they previously satisfied the one-year recognized service requirement. (Please see "Defined Terms" for the definition of "Introductory Period" and "Recognized Service.") See "Short-Term Disability Leave Duration and Pay" for exceptions related to COVID-19 illness that are effective through December 31, 2022.
Please Note: The following restrictions with respect to short-term disability pay:
- You may not apply any of your available paid time off while you are receiving short-term disability pay, including to benefits that are provided on a partial pay basis (e.g., 60% of pay).
- Hourly paid employees who are approved for short-term disability pay will be paid according to the number of scheduled work hours in the pay period.
- Exempt salary paid employees will be paid consistent with how regular pay is calculated.
- If it is determined that your short-term disability pay benefit was underpaid, you'll be paid the additional amount. If it is determined that your disability pay benefit was overpaid, you will be responsible for repaying any excess payments you received. Failure to do so may result in corrective action, including termination of employment. JPMorgan Chase may satisfy all or a part of this repayment obligation by withholding any future amounts not yet paid to you. In addition, JPMorgan Chase will be entitled to any costs and attorney's fees associated with enforcing this repayment obligation.
- The claims administrator has the discretionary authority to determine employees' short-term disability pay.