Temporary Disability Insurance (TDI)
New Jersey requires all employers with NJ payroll employees to provide temporary disability insurance for those employees. Temporary Disability covers claims which happen outside the work-place and are not work related. The NJ State plan requires both the employer and employee to make a premium contribution based on an inflation indexed wage base. Both the employer rate, the employee rate, and the respective taxable wage bases can change annually. The future year rates are published by the state in the preceding September.
Two River Benefits sponsors several private plan pools that save annually save employers money on TDI by reducing the Employer Contribution. Employees if they file a claim or reimbursed with 5 business days versus 4-6 weeks with the NJ State plan in our plans.
For a free quote, complete and return the attached form, or give on of our disability specialists a call.