Posted 9:31 a.m. Tuesday, March 25, 2025
Income Continuation Insurance provides replacement income if you become ill or injured and are unable to work due to disability.
Benefits are based on 75 percent of your gross salary up to a maximum benefit of $7,500 per month (75 percent of $120,000). Benefit payments begin after you meet the elimination period or use up to a maximum of 130 days of accrued sick leave, whichever is longer.
New Income Continuation Insurance premium rates and coverage amounts will be effective April 1, 2025 and will be reflected on your April 3, 2025, paycheck.
- Premium Rates: Premium rates are decreasing.
- Coverage Level: Coverage levels will be updated.
How Your Premium Amount is Determined
Your Income Continuation Insurance premium amount is based on these factors:
- Premium rate
- Your 2024 eligible earnings *
- For Faculty, Academic Staff, and Limited Appointees: The elimination period you elected.
- For University Staff: Your unused sick leave balance as of December 28, 2024.
* If you experienced a furlough, temporary work reduction, or an unpaid leave of absence during 2024, your eligible earnings may be impacted and in turn impact the amount of your ICI benefit if you were to become disabled in 2025 and request to use ICI.
How to Estimate Your Monthly Income Continuation Insurance Premium
Employees enrolled in Income Continuation Insurance who want to estimate the change in premium should:
- Log on to my.wisconsin.edu and click on the Benefits and Well-Being tile.
- Review your Benefit Enroll Confirmation to confirm your Income Continuation Insurance coverage.
- For Faculty, Academic Staff, and Limited Appointees obtain your elimination period.
- For University Staff use the Absence Balances tipsheet to obtain your sick leave balance at the end of 2024.
- Visit the Benefits Premiums web page, select Income Continuation Insurance from the list and open the Income Continuation Premium Calculator.
- For Faculty, Academic Staff, and Limited Appointees enter your Annual Earnings, Percent FTE (percent time worked), and Elimination Period.
- For University Staff enter your Hourly Rate, Percent FTE (percent time worked), and Premium Category (based on your year-end sick leave balance).
The Universities of Wisconsin contributes towards the cost of your Income Continuation Insurance coverage. For Faculty, Academic Staff, and Limited Appointees the contribution begins after you have more than one year of state service and varies based on the elimination period you elect. For University Staff the contribution varies based on your premium category.
Questions
Review the Income Continuation Insurance web page and Benefits Premiums web page for more information.
