| Think it can’t happen to you? More than 8.5 million people collected Social Security disability benefits in 2008. |
Program Overview
FEDERAL FIRST's Long Term Disability (LTD) Program Underwritten by Metropolitan Life Insurance Company (MetLife)
Who is Eligible?
An eligible member is an
- Active, benefited employee working at least 20 hours a week for one of the following:
- Department of Justice,
- Department of Veterans Affairs,
- Federal Judiciary; and
- A member of one of these sponsoring associations: Department of Justice Recreation Association, Nurses Organization of the Veteran Affairs, National Conference of Bankruptcy Clerks.
Program Benefits*
FEDERAL FIRST’s LTD Insurance Program offers 3 benefit choices:
| Option 30 | Option 60 | Option 90 |
|---|---|---|
| Covers 50% of your most recently reported monthly salary | Covers 60% of your most recently reported monthly salary | Covers 70% of your most recently reported monthly salary |
| Maximum monthly benefit is $3,500 | Maximum monthly benefit is $5,000 | Maximum monthly benefit is $10,000 |
| Minimum monthly benefit is $100 | Minimum monthly benefit is $100 | Minimum monthly benefit is $100 |
| Benefit payments begin after you are unable to work for 30 days (the elimination period) due to your disability | Benefit payments begin after you are unable to work for 60 days (the elimination period) due to your disability | Benefit payments begin after you are unable to work for 90 days (the elimination period) due to your disability |
| *These program benefits are effective as of April 1, 2010. | ||
- Option 90 gives you a cost of living increase – two percent each year for up to 5 years you’re on disability. It starts in January after 12 months of a continuous disability.
- Benefit payments are made on a monthly basis and are generally not subject to federal income taxes since premiums are paid with after-tax dollars.
- MetLife will waive your premium payment while you are disabled after your elimination period has been satisfied, and you are eligible to receive benefits.
- This program covers disabilities on or off the job.
- Pregnancy related disabilities are covered as any other disability.
- Benefits can continue up to the Normal Social Security Retirement age currently in effect if you remain disabled under the policy. Benefits may be subject to pre-existing condition exclusions.
- Coverage begins the first day of the pay period from which your allotment is made.
This long term disability insurance program contains exclusions and limitations. Click here to learn more about Limitations and Exclusions and/or Pre-Existing Conditions provision.
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