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:
1. The amount of any salary or other compensation, including sick leave, vacation, or other pay the eligible employee receives from the county, and 50 percent of any other salary, compensation or income the eligible employee receives from any other employer, or otherwise earns.
2. The amount of any benefits with respect to the same disability or disabilities and with respect to the same period for which the basic monthly benefit is payable under this Plan when such benefits are provided or payable:
a. By any federal, state, county, municipal or other governmental agency; or
b. Pursuant to the Federal Railroad Retirement Act; or
c. As temporary disability benefits under California worker’s compensation law;
d. Under any other worker’s compensation law; or
e. Under any employer’s liability law; or
f. Under the Federal Social Security Act on the basis of the employee’s record of wages and self- employment income, and not including any amount not paid pursuant to that Act by operation of 42 U.S.C. 424a(a)(2), and payable to the employee without regard to any deductions from such benefits which may be made:
i. On account of work, or
ii. Because of the employee’s refusal to accept rehabilitation; provided, however, that other income benefits, for purposes of this Plan, shall not include any cost-of-living adjustments applicable to benefits payable under the Federal Social Security Act subsequent to the commencement date of such benefits. If the eligible employee is eligible for both retirement benefits and disability benefits under the Federal Social Security Act and receives retirement benefits in lieu of disability benefits, other income benefits shall include the amount of such retirement benefits.
3. The Amount of Retirement Benefit that the Employee Receives under Retirement Plan A, B, C, or D. For purposes of this paragraph, such retirement benefits shall not include any cost of living adjustments granted subsequent to the date any benefits become payable under this Plan. In the event a disability beneficiary or deceased employee was eligible for retirement benefits under Retirement Plan A, B, C, or D but was not receiving such benefits, any such benefits that he or she would have received shall be estimated by the Chief Administrative Officer for purposes of calculating any benefit d...
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. 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.
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. • 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 the current disability.
