Short and Long Term Disability
VMware provides Disability Insurance through a Group Insurance Plan with AG Insurance.
Eligibility
All regular VMware employees are eligible for Disability Insurance.
Benefits
In case of absence due to illness or disability of less than thirty (30) days VMware will continue to pay your salary.
In case of absence due to illness or disability exceeding thirty (30) days, you are paid 70% of your average salary over the last three (3) years from the Group Insurance. This average salary is calculated as follows:
S = S (n-1) + OVT (n-1) + S ( n-2) + OVT (n-2) + S(n-3) + OVT (n-3)
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Career in VMware (Max 3 years)
S (n-x) being the total yearly salary of year X limited to the OTE
OVT (n-1) being the overtime of year X
Contributions
VMware pays 100% of the premium costs for you.
When Coverage Starts
Coverage begins on your first day of employment with VMware.
When Coverage Ends
Coverage ends on your last day of employment with VMware.