Long-Term Disability Insurance Options
Under the Kyndryl Long-Term Disability Plan (the “LTD Plan”), you are eligible for a monthly income benefit, subject to the limitations and conditions of the Plan, if you are disabled and have completed the elimination period.
Long-Term Disability – All Regular FT & PT Employees
Kyndryl automatically provides coverage of 50% of your regular monthly compensation at no cost to you.
You may choose to purchase coverage of 66 2/3% of your regular monthly compensation during annual enrollment. Rates vary based on age and regular monthly compensation, and premiums are deducted on a pre-tax basis. Rates may be revised annually and are provided in a supplemental sheet that is available from the Fidelity Benefits Center upon request. If you do not purchase 66 2/3% coverage during annual enrollment, your default coverage will be 50%.
If you wish to increase your LTD coverage (from 50% to 66 2/3%) at a later time, you may do so during annual enrollment and a medical review will be required.