I have been receiving LTD benefits. Now I was awarded SSDI backpay and LTD company wants that money back. Is it legal for them to do that?
Yes, if you signed up for policy which requires reducing LTD benefits by the amount of SSDI benefits.
Can I collect Social Security Disability Insurance (“SSDI”) benefits and LTD benefits at the same time?
Yes, although many policies will reduce monthly LTD benefits by the amount of monthly SSDI benefits. For example, if your [...]
How much does long-term disability pay?
It depends on the policy. Many policies will pay 60 percent of your wages. Your policy will specify the amount [...]
Until when are LTD benefits paid?
Many policies will pay up until around the retirement age. Some policies will pay for life. If you are already [...]
What is the difference between long-term disability (“LTD”) and short-term disability (“STD”)?
Short-term disability is for situations where you temporarily cannot work for health reasons. It usually only lasts a few months. [...]