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.
Well the plans description on the APA website says:
"This Plan provides a monthly disability benefit for each participating APA member, in addition to your Company disability benefits."
So I read it as it will not reduce the company benefits. But if it does, I agree, it seems it would be a waste of money.