State disability insurance (SDI) is short-term disability coverage that is legislated by this state. If you have employees working in New Jersey, the state may require that employers provide SDI coverage for employees.
|
Coverage options |
State plan, self-insured or through an approved insurance carrier |
|---|---|
|
Funding |
Shared by employer and employees |
|
Elimination period |
7 days (0 days if disability lasts longer than 21 days) |
|
Benefit |
85% of average weekly wage |
|
Maximum benefit |
$1,081/week in 2025 |
|
Benefit duration |
26 weeks |
Principal teams up with ShelterPoint Life to offer New Jersey Temporary Disability Benefit coverage to employers with 25+ New Jersey employees. To be eligible, employers must offer group short-term disability, long-term disability, or term life coverage from Principal.
Talk to your financial professional to design a benefit offering that meets the specific needs of your business and employees.