Originally Posted by
sailingfun
Two key points you did not mention in discussing disability programs are who funds the program. Is it pilot funded or company funded or a combination. The second consideration is how is the earnings calculation is made. Is it 50% of actual earnings, 50% of 75 or 80 hours ect..
Retirement was mentioned and is another important consideration. Delta for example pays 32% of disability payments into the DC plan effectively giving a pilot the exact same contribution as if he was working.
Thanks for asking. FDX LTD plan is funded by the company not the pilot. Its only limited by the 401.a.17 numbers set forth by the IRS. Our optional supplemental is not taxed and not limited by the IRS cap. It also includes pension accrual for years of service while out on LTD.