Originally Posted by
RedeyeAV8r
Disability events after 2006 get 60% for a 24 month period then reduced to 50%, maybe this is the 2 year thing your were thinking of. (section 27 j.) It is an average of the highest previous 36 months pay.
Red,
I agree with most of your previous post except for two points:
1) What you would actually be paid (for the first 24 months) is 60% of the average of the 12 highest consecutive months in the last 36 months preceding your disability, up to a federally mandated (IRS) maximum of $12,500 per month; and
2) you said "Small Point: Our LTD is a Negotiated Benefit.
It is ours, not the Company's." This is not really true because any long term disability policy you may have, that you actually pay for, is non-taxable, whereas any LTD policy that is supplied to you, free of charge, such as the FedEx LTD benefit, is taxable.