SSDI, Employee paid LTD and Private Paid LTD
Posted: Sun Jan 20, 2013 1:19 pm
Hello,
I'm new to this site. I'm 50 plus and have had MS for at least 30 years. I'm still currently working however it is / has been increasing difficult.
My question is I understand that if I did go out on a disability my company has a 26 week salary continuation program, X weeks at 100% then X at 66 2/3. After I have reached the 26 week limit I would be required to apply for LTD at 66 2/3 until I would have reached the normal SS retirement age.
My question is: I have been paying into a private LTD for nearly 30 years now, does anybody know if I could collect my company LTD (I'd have to apply for SSDI at the same time and the Company LTD would be offset by SSDI and collect on the Private LTD?
I spoke to a lawyer and they mentioned 'it depends' since this going out on a disability would be like squeezing a tube of toothpaste (hard to reverse) I'd like to think that the private LTD is separate from my employers LTD program and the private LTD would not be offset by my employer paid LTD & SSDI.
It is getting near the time to make some big decisions I recently got a manual wheel chair but walking and my energy levels continue to decline. Any thoughts would be helpful.
Thanks
SaltCity
I'm new to this site. I'm 50 plus and have had MS for at least 30 years. I'm still currently working however it is / has been increasing difficult.
My question is I understand that if I did go out on a disability my company has a 26 week salary continuation program, X weeks at 100% then X at 66 2/3. After I have reached the 26 week limit I would be required to apply for LTD at 66 2/3 until I would have reached the normal SS retirement age.
My question is: I have been paying into a private LTD for nearly 30 years now, does anybody know if I could collect my company LTD (I'd have to apply for SSDI at the same time and the Company LTD would be offset by SSDI and collect on the Private LTD?
I spoke to a lawyer and they mentioned 'it depends' since this going out on a disability would be like squeezing a tube of toothpaste (hard to reverse) I'd like to think that the private LTD is separate from my employers LTD program and the private LTD would not be offset by my employer paid LTD & SSDI.
It is getting near the time to make some big decisions I recently got a manual wheel chair but walking and my energy levels continue to decline. Any thoughts would be helpful.
Thanks
SaltCity