Chakerik

So if Ltd pays 75k a year, and I get a 50k a year job...I get 25k a year in ltd? Or still get the 75k?

BobZ

Si'..........you get the full enchilada.

RockyBoy

If LTD pays 75K then you can make up to 75K without a reduction. Basically your LTD and new job cannot exceed your old income.

Loss of license insurance is tough. If you lose your medical because of something like diabetes then your LTD plus working a normal job will most likely be a great deal and lol insurance is not needed. If you can’t work another job because of a medical issue or injury, then lol insurance would be wise. Most people who go out on LTD don’t lose their license due to a major issue. Very uncommon to not be able to work if you lose your medical.

I’ve always thought a lump sum lol was best so I could pay for some schooling or start some type of business to replace some income. At a certain point though it becomes too expensive and if you are wise you will have your own lump sum saved up and can save the crazy high premiums.

Chakerik

Good info, thank you. That makes me wonder, does cash flow income from a rental property count as a "job" in terms of reducing ltd?

Chakerik

Thanks BobZ.

BobZ

Nope..........

We have industry leading terms in this section of our pwa.

And imho on balance this pwa is the best in the history that ive been at delta.

My fedx bud who is a block rep was in disbelief we had no income cap on ltd fae. I guess fedx caps out at $130k in ltd benefit.

Adding in the PS and excess 401 cash as fae contributors are significant in the benefit level a pilot on ltd will realize.

Trip7

I know I'm late but excellent post. This should be stickied. Disability is my weakest section of the PWA and this thread reminds me I need to review it.

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