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Long Term Disability and Income After Termination

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  • 08-03-2007, 01:25 PM
    rtb1954
    Long Term Disability and Income After Termination
    I have been employed with same company over 10 years... I was on short-term disability (STD) back in 2000 for 4 months for a surgery, same symptoms put me under knife again six years later in 2006, I was on STD than to Long-Term-Disiability (LTD)... Last week I rec's a letter from my employer, I was terminated, but I was to be placed on LTD, I will have my cobra for 3 years employer paid... I am to recieve 60% of my salary... So far so good... Here is my question... I was in military prior to this job, I am collecting some disability from VA and my retirement pension from military... (percentage of my retirement is tax free due to my disability)... My company (hiring manager, and HR) knew about this prior to hiring me... My disability from VA is not related to disability I am collecting from my employer's insurance company... Now my employer's insurance company is asking me on a form for ALL MY SOURCE OF INCOME.... Should I include this or what...

    Thanks for your response....
  • 08-03-2007, 01:50 PM
    cbg
    Re: LTD and TERMINATION
    All income means all income. In some cases, outside income can require an offeset to the LTD benefit and failure to disclose ANY source can constitute fraud.

    If it's not applicable to an offset they won't use it. But they do have to know.

    BTW, I hope you know that's a very generous offer of your employer.
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