The way our current LTD is worded, after two years of being on LTD they can re-evaluate your case and if they deem you are capable of doing a job other than being a pilot with your disability, they can/will reduce your benefits.

With full, "own occupation" LTD, if you are unable to carry on your own occupation (pilot) because of the disability then you will receive the full benefits without regard to your capability of performing another job with your disability.