Short Term Income Protection | Long Term Income Protection | Links and Resources
Income Protection programs offer employees the opportunity to replace their income during periods of disability.
Henrico County’s Short Term Income Protection (STIP) program is administered by Aetna and coordinates with County leave balances. Employees can elect to purchase coverage for waiting periods of 42 days, 28 days or 14 days. Participating employees may use either their County leave or Aetna STIP benefits during an absence of 90 days or less. STIP benefits provide 60% of an employee’s salary.
View the Short Term Income Protection brochure for additional details.
Henrico County’s Long Term Income Protection (LTIP) program is administered by the Human Resources Benefits Division for employee absences over 90 days. Full-time employees who have completed 6 months of employment are members in the LTIP program. Henrico County provides coverage for up to a $50,000 annual salary at no charge. If your salary is above $50,000 and you have been employed at least six months, you may be eligible to purchase additional coverage for the remainder of your salary. Long-term income protection benefits provide 60% of an employee’s salary.
View the Long Term Income Protection brochures for additional details.