I believe they are talking about company-sponsored short term and long term disability, STD and LTD. LTD commonly covers a percentage of your wages… my companies provides 60% with an upper limit.
Government provided disability you have to qualify for and requires an application process. It doesn’t provide much money either, which is why companies often have LTD benefit plans a person can enroll in.
I believe they are talking about company-sponsored short term and long term disability, STD and LTD. LTD commonly covers a percentage of your wages… my companies provides 60% with an upper limit.
Government provided disability you have to qualify for and requires an application process. It doesn’t provide much money either, which is why companies often have LTD benefit plans a person can enroll in.