Originally Posted by
WhiteMorpheus
Did y'all get own occupation LTD in the new contract? If not, how does the LTD language read?
Own Occupation coverage beyond 2 years was not achieved.
- Frontier pays the total cost of LTD benefit.
- 8k max LTD monthly benefit.
- Coverage until FAA approves return to duty.
- 90 day elimination period.
-
60% benefit based off of
75 hours min guarantee up to
8k max.
- Benefit subject to offsets from other income.
- The financially inept can elect to not pay imputed income tax on the company paid premiums and then pay income tax on any benefit received.
- After 2 years you will remain disabled if you are unable to perform
any occupation that has an earning potential greater than
60% or your indexed pre-disability earnings or the maximum monthly benefit if less.
- Must apply for Social Security Disability
I recall something (email or faq) that said the R&I Committee is working on outside buy-up / expanded coverage options or something to that effect.