Post # 1
Hi Bees –
I was wondering if you could provide some advice / insight. I’ve been on the TTC boards sporadically. Dh and I got married in October and decided to start TTC right away. Then he switched jobs and I found out I do not have maternity leave pay or short term disability through work. Dh took a temporary pay cut but will be making much more once his probation period is over. My work looked into short term disability. They got back to us with the rates they were reasonable however 75% of the employees have to opt in in order for anyone get it. Unfortunately people are just not interested and we will not meet the 75% requirement for us to get it as a group. My work is looking into other options but said since most employees are not interested it might be something they te continuing to pursue.
It makes me nervous to know I would be off unpaid. I get 2 weeks vacation a year so the rest would be unpaid. I know the obvious answer is to just save for the time I will be off. Short term disability offers 60% of my pay not 100 but its still something. My question is for the bees who did not have short term disability or paid maternity leave – what did you do? Is it feasible? Dh and I are still going to wait a few months – we’d like to furnish and get settled in our house a little but we are getting more and more eager to start TTC. It’s frustrating that I feel like we put plans on hold for something that may not happen now (waiting for short term disability) . I am just trying my best to be prepared and plan ahead – I’d like to make maternity leave and having the baby as stress free as possible when the time comes. Thanks for all your help !
Post # 2
My pregnancy was a surprise, and I didn’t have short term disability, nor am I at a company that falls under requirements to meet FMLA. I’m due in April so it’s been a bit of a panic situation. Luckily, my employer instituted a policy that we are allowed 12 weeks maternity leave at 50% pay. I’m honestly grateful for half of the pay and the 12 weeks. I will have accrued 1.5 weeks of vacation time (carried a week over from 2015) by April, and plan to use that at the end of maternity leave so that’ll be additional time off and paid also.
I understand the need to plan – I’m a HUGE planner, but circumstances have kind of forced us to be OK with it, so I’m not sure I could give you the best advice apart from just making it work. We had planned on waiting to TTC (ironically the time we were thinking we’d start TTC is when I’m due!) and save more money to move to a bigger home (wanting to keep our current townhome and use as a rental for future income so our downpayment for the next home is basically on us). Anyway, obviously that plan is on hold for now and probably for the next several years as it’ll take us a bit longer to save what we had planned. I make what my husband makes, but he’s paying off school loans and such so the loss of my income for maternity leave will hurt a little as far as him needing to scale back paying off loans and step up paying mortgage, etc.
It all boils down to what you’d feel comfortable doing! I feel like TTC is such a gamble anyway, it could happen instantly or you could be trying for a while, so it’s hard to advise in that way. Maybe sit down with your husband and draw out a few ‘what if’ plans so you’re semi-prepared for a couple of different situations? I will say, the more money you have saved the better because these little ones are hella expensive – when you’re looking at your plans I’d consider daycare costs and things beyond just having the baby as well because that’s a whole other financial issue.
Post # 3
You could get your own STD insurance outside of your work through like Aflac or liberty mutual.
Post # 4
I don’t have short term disability or paid leave of any kind. DH and I knew this before we started TTC and planned accordingly. We have been setting money aside since we got that BFP and will have accrued 3 months of my income by the time this baby comes.
Post # 5
+1 why not look out options outside of your company?
Post # 6
Would it be possible to live soley off of your DH’s income once it increases? Then you can just save whatever you make while you’re working, plus you’ll already be budgeted for one income once you have the baby.
Post # 7
- Wedding: April 2015 - Anchor Inn, MD
I second the Aflac suggestion but be careful — some STD policies require you to have it for at least 12 months before using it for maternity leave so you’ll want to check the stipulations carefully and plan accordingly. Honestly, as much as you might want to TTC, it’s probably worth waiting 3-4 months (extra padding time can’t hurt in case you deliver early) if it means you get some sort of compensation during your maternity leave to make finances less stressful.
Post # 8
My short term disability is a joke. They pay 6 weeks for a vag delivery, $500 per week (it says 60% of income OR up to $500 per week LOL). And I really only get 4 weeks of pay as theres a 2 week waiting period. so glad we saved.
Post # 9
i make almost double what my husband makes, so i can’t afford to take unpaid time off and we don’t have paid maternity leave either.
i have to use my sick and annual leave. i have been saving a long time. i have about 13 weeks sick leave and 6 weeks annual leave saved up as of now and am due in april.
my plan is to take 12 weeks sick leave, then take leave 2 days a week for a few weeks, then back to work full time. hopefully i won’t exhaust all my leave.
you might also want to look into Aflac’s Short term disability policy. i know the effective date needs to be before you conceive to qualify for maternity benefits
Post # 10
Remember this when it’s time to vote. It’s a national embarassment that families need to make such difficult decisions.
Post # 11
I’m self-employed and my DH provides our benefits. His company does not have a short term disability policy for spouses. When I looked into getting aflac or something like that for myself to cover maternity – I found zero companies that sell Short term disability to individuals – it is all only through benefits and admnistrators. If you are able to get aflac through your benefits, you do need coverage before you conveive. This is a major loophole in insurance converage for women. I’ve talked to my state reps about it as well – to no avail yet.
Post # 12
do you work for the federal government.? You leave plan sounds like what I hope to do in the future!
Post # 13
yup, a federal employee.
my office also allows us to work advanced sick leave to help build up more sick leave, if that is an option for you.
there are 2 ladies i know who worked a lot of advanced sick leave and took almost 6 months off.
Post # 15
I would look into short term disability options outside of the workplace.