You lose any future retirement contributions which if you’re young is huge. You also take a 40% paycut with no opportunity to make outside money. If you took EIL last year and end up on LTD this year your forever benefit is based off that 2020 W2 so you get double F’d. Oh and you lose your health insurance after five years.

Way better than what we had and you’re still eating but let’s not pretend it’s a good deal.

I think he’s saying there is a lot of downside to being on LTD and to end up there for a reason you not only didn’t choose but were forced in to should carry some liability for the company.