Originally Posted by
Thedude
The way I read it, even though you get the buy up plan through APA, your company benefits will be reduced by the amount of the buy up plan. Equaling the same net amount before the buy up.
Or, buying up is a waste of money because you gain nothing.
It is my understanding that DL does not reduces the company provided LTD payout like this.
Anybody know what LTD was before the BK contract?
Im not sure about that. In the LTD section of the MOU it states that the APA has a plan that can be bought for an additional $1000-$6000 of benefit. The word "additional" leads me to believe it doesn't offset the company LTD. If it did, there would be no point in the APA having such a program. But maybe im reading it wrong..