Details

Autor(en) / Beteiligte

• Nancy Hatch Woodward

Titel

Supplemental LTD plans can reduce executive discrimination

Ist Teil von

• HR Magazine (Alexandria, Va.), 1998-12, Vol.43 (13), p.68

Ort / Verlag

Alexandria: Society for Human Resource Management

Erscheinungsjahr

1998

Quelle

BSC - Ebsco (Business Source Ultimate)

Beschreibungen/Notizen

• Most long-term disability plans are designed to provide replacement income coverage for the average employee. As a result, they do not provide enough income to executives and other high-wage earners, who can suffer catastrophic drops in income if they become disabled. One way to level the playing field for highly compensated employees is to boost the maximum of the LTD plan for all employees. A better solution - and one that can help keep down costs - is to stick with the original LTD and provide additional, supplemental coverage.