Originally Posted by Qotsaautopilot

zero company paid retirement contribution on LTD. Go out at a young age and that $15k/mo (if even eligible) doesn’t change with inflation but that’s with anyone. The main issue is your huge loss in retirement. You now have to take your 60% earnings and invest as best you can on you on your own.

Make more money doing something on the side to compensate then right? Can’t! Your 60% LTD benefit that you get zero retirement contribution on is also cut for any outside earnings so your side gig you would be working for free unless you’re hiding the money in cash. I believe that counts for your spouse too if she/he goes out and gets a job they didn’t have prior to your disability.

Also don’t forget that you only get company healthcare for five years so now you have to take your 60% earnings with no retirement and no ability to make extra money and buy insurance 100% out of pocket and because you’re on LTD it’s not crazy to think you may need more care than a normal person.

industry leading? No

100x better than the last contract? Yes

the poor guys that went out under the last contract and we didn’t bring them with us in this contract I really feel for them.