As part of CTA Member Benefits, CTA now offers additional benefits to members who are out on a disability claim to help with student loans or towards cancer care. These benefits are provided at no additional cost only to members enrolled in the CTA-endorsed Voluntary Disability insurance plan from The Standard.
Student Loan Benefit
Active CTA members approved for a disability claim under the CTA-endorsed Voluntary Disability insurance plans with an active student loan may be eligible for an additional benefit of up to $200 a month (for a maximum of $1,000, not to exceed the balance of the student loan).1
Active CTA members approved for a disability claim due to cancer under the CTA-endorsed Voluntary Disability insurance plans may be eligible for an additional benefit of up to $200 a month (for a maximum of $1,000).1
Both benefits are paid in addition to the disability benefits from The Standard and are paid directly to CTA members to help pay for everyday expenses like student loans, rent/mortgage, or child care. These benefits are provided by CTA at no additional cost to members and are available for qualified disability claims with a disability date on or after Sept. 1, 2018.
1 Student Loan Benefit and Cancer Benefit are offered by CTA to eligible members on approved Disability claims with a disability date on or after Sept. 1, 2018 who meet additional specific criteria. CTA provides these benefits at no extra cost, and The Standard acts only as the claims administrator of these benefits. Student Loan and Cancer Benefits are not provided under the Disability insurance policy.