SECTION 4 - DISABILITY INCOME BENEFITS (Continued)
LONG TERM DISABILITY COVERAGE (Continued) Partial Disability (Continued)
How is Your Loss of Earnings Partial Disability Benefit Figured using the Proportionate Loss with Work Incentive Monthly Calculation (Continued) On the first anniversary of benefit payments and each anniversary thereafter, for the purpose of calculating the benefit, the term "Basic Monthly Earnings" is: 1. replaced by "Indexed Basic Monthly Earnings"; and 2. increased annually by 7.00%, or the current annual percentage increase in the Consumer Price Index, whichever is less. The Monthly Benefit payable will not be less than the Minimum Monthly Benefit shown in the Schedule of Benefits. However, if an overpayment is due to Lincoln, the Minimum Monthly Benefit otherwise payable under this provision will be applied toward satisfying the overpayment.
Long Term Partial Disability with Work Incentive
ADOC-LTD-8
Proportionate Loss
Made with FlippingBook - Online Brochure Maker