LTD & COLA Option

Paige

I have 2 questions:

How many of you, that have an LTD benefit for your employees, have a COLA rider included in your benefit?

How many of you, that PAY for the LTD benefit for your employees, gross up their salaries in order to avoid employee taxation should they need the benefit?

Thanks.
Paige

marc

We do not have COLA in our LTD policy. It is an EE option to have the coverage or not and is paid for with after tax dollars so the benefits are not taxed.