12 CITY OF LAMAR DISABILITY INSURANCE SHORT-TERM DISABILITY (STD) Insured by Lincoln Financial Short-Term Disability insurance can provide employees with the peace of mind that a protected paycheck brings, if you are unable to work because of an illness or injury that occurs off the job. Lincoln’s Short-Term Disability plan provides income, after satisfying the elimination period, if you become disabled due to an injury or illness. The City of Lamar provides LTD coverage at no cost to you. Once enrolled in the plan, you can take advantage of the following benefits: Elimination Period: 14 days Benefit Amount: 60% of your weekly salary Benefit Maximum: Varies by employee class Benefit Duration: Varies by employee class LONG-TERM DISABILITY (LTD) Insured by Lincoln Financial Meeting your basic living expenses can be a real challenge if you become disabled. Your options may be limited to personal savings, spousal income and possibly Social Security. Long Term Disability insurance provides protection for your most valuable asset — your ability to earn an income. The City of Lamar provides LTD coverage at no cost to you. For Police and Fire Employees, with Lincoln Financial Group, you will receive a cash benefit of 60% of your monthly salary (up to $4,000) starting 90 days after you are out of work and continuing up to age 65 or Social Security Normal Retirement Age (SSNRA), whichever is later. Please note that if you are approved for the FPPA benefit and have received a benefit from Lincoln via short or long-term disability, for the same time period, you will be required to reimburse Lincoln for any benefit they paid since the Lincoln policy is offset by FPPA Benefit. For Police and Fire Employees, with the FPPA Benefit, you will receive up to 70% of your monthly salary (to no max) and must be expected to be disabled for a year or more. There is no elimination period. Please see the policy plan document for full list of benefits and exclusions.
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