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How the Long-term Disability Plan works |
| 1. Annual premium |
| You pay an annual premium for coverage, through convenient bi-weekly payroll deductions. |
| 2. Claims |
| As soon as you become disabled, you complete a Claim Request form to apply for benefits. |
| 3. Elimination period |
| You must be disabled for 104 weeks before you may receive benefits from the Plan. |
| 4. Benefits |
| If you are still totally disabled after the 104-week elimination period, you will receive tax-free benefits equal to 50% of your basic monthly salary. |
| 6. Annual increase |
| Benefits will increase annually to help you keep up with the cost of living. |
| 7. Termination of benefits |
| Benefits will end upon your recovery, retirement, or 65th birthday, whichever occurs first. |
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