Originally Posted by
Sixty N Two
Never really thought about or looked at this before. Its for disability if not mistaken, so while yes in theory it pays pretty well for how little it costs, the web site says 85percent of avg wages up to a max of (2021 rate) of $900 (forget the exact amount) per week.
Would that not then be subtracted from our company LTD insurance? I thought any taxable income (which in NJ this SDI benefit is taxable) is used to reduce our LTD benefit payments.
So I’m interested to know if others have used it and if so how it played out for them. Always good to be informed and hope we don’t need it
You're correct that it does go to UAL if you're on LTD -- but there are times when your pay is reduced without being on LTD. NJ takes a snapshot of your previous (ACTUAL) weekly earning and uses that as a baseline for loss of income. To make the math simple, assumed you averaged $4000/week using the NJ calculation then had a medical issue that took you out of flying. If you choose to use a lower amount of sick leave to bridge until LTD (or even attempt to avoid using LTD) the NJ SDI will cover some of the loss of pay. There is a max amount that they'll pay but it can help reduce SL usage for sure.