Originally Posted by
HPIC
HR hasn’t updated their paperwork. No surprise there.
Everybody is now under the new LTD plan. There is still the 120 day “qualification period” during which your short and long term sick days will be used, then LTD will kick in. LTD is based on your last years W2 OR your min guarantee, whichever is greater. Obviously for somebody new to Atlas without a previous full year W2 on the payroll it would be the latter. Payout is 60% of that number to a maximum of 10,000/mo tax free until retirement age or able to hold a first class medical.
Ok, thanks for the info. That's actually a pretty good LTD plan compared to legacy carrier plans.