| Disability Checklist |
Long Term Disability Plan "A"
(24 Hour Plan - Safety Members ) |
Long Term Disability Plan "C" (Non-Occupational Plan - Safety Members) |
| FUNDING | Funded first 5 years by the I & B Trust of PORAC with over 30 years experience and then fully insured by Standard Insurance Company. |
SAME |
| MAXIMUM BENEFIT | $5,000 per month (66 2/3% of $7,500). | $6,300 per month (70% of $9,000). |
| MAXIMUM BENEFIT PERIOD |
24 Months if unable to work "own occupation." After 24 months, Lifetime for both Accident & Illness |
SAME |
| WAITING PERIOD | 30 Days non-industrial. Sick leave may be frozen after 60 days. 0 days industrial. | 30 Days. Sick leave may be frozen after 60 days. |
| COST OF LIVING ADJUSTMENT (COLA) |
Increases LTD benefits up to 5% compounded annually. COLA benefit is limited to non-industrial claims only. |
SAME |
| MINIMUM BENEFIT | $200 per month while receiving sick pay for Non-Industrial Disabilities. Nothing while receiving 4850 pay. | $500 per month while receiving sick pay |
| SURVIVORS BENEFITS | Dependents will receive member's benefits for 6 months. |
SAME |
| MENTAL & NERVOUS BENEFITS | 12 months per incident. |
SAME |
|
DRUG & ALCOHOL BENEFITS |
12 months lifetime. |
SAME |
| DEATH BENEFIT | $50,000 Death Benefit |
NO BENEFIT |
|
50/50 INTEGRATION BENEFIT |
Receive 100% of base pay through use of 50% leave time and 50% LTD Benefit. |
SAME |
|
MONTHLY PREMIUM |
$19.50 per member per month | $9.50 per member per month |
This is intended to summarize the main feature of the LTD plans only. Please refer to the Plan Document for complete details.
For additional assistance please contact your Myers-Stevens & Toohey Representative at 800-827-4695.
