Overview

The loss of income due to illness or injury can cause serious financial hardship for your family. Disability benefits provide income protection if you become disabled as a result of a non-occupational injury or illness and are unable to work.

As a valued Sonos employee, we want you to be informed and prepared in the event you should require disability leave. Consult the Disability Leave Guide for the information you need prior to your leave and upon your return to work.

 

Short-Term Disability (STD)

Sonos provides basic STD insurance at no cost to you.

Administered by New York Life
Weekly Benefit Percent 66.67% of your weekly pre-disability earnings + salary continuation from Sonos to provide a total of 100% weekly disability earnings
Waiting Period 1st day (accident)​
8th calendar day (waiting period)
Note: Available sick time is applied to cover your waiting period, if applicable. If you have exhausted your sick time balance, the waiting period will be unpaid.
Maximum Benefit Period 13 weeks (accident)
12 weeks (illness)
Benefits end when you terminate employment or retire.

Your Sonos disability benefits will coordinate with the Sonos salary continuation plan and any state disability benefits available. You’ll be responsible for filing any claims directly with New York Life. All disability leave requests should be communicated to the Human Resources Department as soon as possible.

 

Long-Term Disability (LTD)

Sonos provides basic LTD insurance at no cost to you. However, because your coverage is company paid, basic LTD benefits are always taxable.

Administered by New York Life
Benefit Coverage Your benefits will begin 90 days following a sickness or accidental injury
Monthly Benefit 66.67% of your monthly pre-disability earnings
Maximum Benefit $10,000
Definition of Disability You may be eligible for disability benefits if you are unable to perform the material duties of your own regular occupation and you are unable to earn 80% or more from working in your own regular occupation.
Imputed Income Your long-term disability benefit of up to $10,000 per month will remain the same. However, Sonos will be imputing the cost of coverage. This means coverage will now be paid for with after-tax dollars and benefits will not be taxable if you become disabled.

Income from other sources – Impact to your STD and LTD benefits

If you receive any income from other sources, your STD and LTD disability benefits will be reduced so that your benefits from all sources do not exceed 100% of your base pay. Examples of “Other Income” include, but are not limited to:

  • Pension benefits
  • Unemployment compensation
  • Workers’ Compensation
  • Statutory disability benefits
  • Social Security retirement income
  • Sonos salary continuation

The list above includes some of the more common sources of deductible income; it excludes other income benefits that are payable to your spouse, children, and dependents due to your disability or retirement.

 

Washington State Long Term Care Insurance

Beginning January 2022, any employee in Washington state will pay a maximum 0.58% of annual wages through payroll taxes into a state fund for Long Term Care (LTC) insurance benefits. These payments will be withheld quarterly by employers. Long-term care insurance helps cover the costs of care when you have a chronic medical condition, a disability or a disorder such as Alzheimer’s disease. This includes coverage for care given at a variety of places such your home, a nursing home, an assisted living facility or an adult day care center. 

In order to qualify for the state-funded LTC benefits, employees must pay into the program for three of the past six years or a total of 10 years (five of which must be consecutive). The benefit is $36,500 in lifetime (up to $100/day). At the time of claim, employees must be a Washington resident and receive care within the state The first claim for benefits can begin on January 1, 2025.

If you already have a private LTC policy that you purchased before November 1, 2021, you may opt-out of the program permanently by applying for an exemption between October 1, 2021–December 31, 2022. To learn more and explore options, you can visit www.mercerltc.com