Common use of Reduction of Benefits Clause in Contracts

Reduction of Benefits. Long-term disability benefits are reduced by certain sources of income that are payable to the participant because of disability, unless otherwise provided by law. Other benefit income that may reduce long-term disability benefits includes but is not limited to: • Workers Compensation benefits or benefits provided under a similar law, state disability benefits, and other statutory benefits for disability or unemployment, except where otherwise established by a law or ruling that specific compensation benefits shall not be counted to reduce or offset insurance or disability payments; • Benefits provided through the Company benefit plans including pension and Business Travel Accident insurance plans to the extent benefits are attributed to the Company’s contribution, and; • Social security benefits.

Reduction of Benefits. Long-term Long‐term disability benefits benefits are reduced by certain sources of income that are payable to the participant because of disability, unless otherwise provided by law. Other benefit benefit income that may reduce long-term long‐term disability benefits benefits includes but is not limited to: •  Workers Compensation benefits benefits or benefits benefits provided under a similar law, state disability benefitsbenefits, and other statutory benefits benefits for disability or unemployment, except where otherwise established by a law or ruling that specific specific compensation benefits benefits shall not be counted to reduce or offset insurance or disability payments; • Benefits  Benefits provided through the Company benefit benefit plans including pension and Business Travel Accident insurance plans to the extent benefits benefits are attributed to the Company’s contribution, and; •  Social security benefitsbenefits.