Originally Posted by
BMEP100
We have and pay for this insurance, we call "Loss of License", or Long Term Disability.
So, if a pilot winds up with a condition that means that he can no longer hold a medical, can he retire and continue receiving his LTD payments so long as he is medically disqualified?
If not, I wonder why?
If you retire, you are separated from the company and will no longer receive LTD
You would simply stay on LTD until you are medically able to return to work or you hit retirement age
If you retired, you would lose company 80% subsidy of health insurance as well as LTD benefit
The company subsidy would be based on years of service, but 60% at best