Originally Posted by
Omniscient
Is that what they tell you at PSA “own occupation” is? Not even accurate to what “own occupation” LTD is.
Most LTD plans do not consider you disabled if you can find other work, even working at McDonalds. Own Occupation protects you if you lose your medical, and you can’t fly, you are then considered disabled. Doesn’t matter if you can flip burgers at McDonalds
Own occupation means the essential functions the Pilot regularly performs that provide the Pilot's primary source of income at the time of disability.
You are right about what own occupation is. However most airline LTD policies ARE own occupation. We were one of the few that were not prior to contract 2018. Now, what income offsets the benefit and many other details are what vary widely.
Heck even XJT had own occupation with no offsets for outside income. You could be a full time instructor at flight safety and still get your 60% of an 80hr guarantee.
I don’t know if delta has outside income offsets but they get their full 401k DC while on LTD and not based on their LTD income but their normal guarantee.
Not getting healthcare after five years, and income offsets, and no retirement are things we need to address.