Other Income Benefits. If an employee is eligible for other income benefits, the Long Term Disability benefit will be reduced by such benefits. Other Income Benefits Include:
Other Income Benefits. Other income benefits are those benefits identified below to which the eligible employee is entitled. These other income benefits, payable either monthly or in lump sum, are:
Other Income Benefits. If Disability Benefits are payable to you under this Policy, you may be eligible for benefits from Other Income Benefits. If so, we may reduce the Disability Benefits by the amount of such Other Income Benefits. Other Income Benefits include:
Other Income Benefits. Certain other income benefits that you may be entitled to receive will reduce your weekly benefit from the Short-Term Disability Plan. There is no minimum benefit payment under this plan. You must apply for all other income benefits for which you may be eligible, including Social Security benefits (but excluding retirement benefits). Your benefits under this plan are reduced by the following sources of income: • Salary continuation (to the extent combined short-term disability, salary continuation, and other income benefits exceed 100% of predisability earnings). • Benefits from insured or uninsured disability income plans of any employer, multiemployer or multiple-employer welfare plan, or union welfare plan. • Benefits from a disability income plan of any state or other jurisdiction. • Social Security disability or retirement benefits, including primary, spouse, and dependent child benefits. • Railroad Retirement Act benefits, or other benefits paid under a Federal or state law. • Workers’ compensation benefits. • No-fault wage replacement benefits paid under a no-fault automobile insurance law. • Salary, wages, other compensation from any employer, or income from any occupation for compensation or profit, except as described in Rehabilitative Employment below. • Benefits from group credit or mortgage disability insurance. • Retirement income benefits from the Company or any Company subsidiaries, except: – The portion of any retirement benefit attributable to employee contributions. – The portion of any lump-sum distribution attributable to employee contributions. – Any retirement benefit you are eligible to receive but elect not to receive. Other income benefits paid in a lump sum will be allocated over the time period specified in the lump-sum settlement or your life expectancy (as determined by the service representative). Short-term disability benefit payments will not be reduced for cost-of-living increases in other income benefits. Short-term disability benefit payments also will not be reduced by benefits from: • Employer-sponsored thrift, profit sharing, savings, stock ownership, or deferred compensation plans. • Internal Revenue Code (IRC) Section 401(k) plans, Section 403(b) plans, Section 457 plans, or Xxxxx (HR-10) plans. • Individual retirement arrangements (IRAs). • Individual disability insurance policies. • Accelerated benefits paid under a life insurance policy. • Military retirement or disability benefits, unless related to the cause of...
Other Income Benefits. Provide us with details concerning any other income benefits you may have received or are receiving. Please complete this section of the form and attach any supporting information you may have, including benefit awards, summaries etc. You must sign and date each of the following sections of the form in order for us to begin the Claim Reassessment Process.
