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Paul McChesney (Admin)

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Posted on Wednesday, October 02, 2002 - 5:15 am:   
Jasper, most, but not all, long term disability policies provide for a Social Security offset. This means two things: first, that the amount of your long term disability check is reduced when you get Social Security. Second, that the long term disability insurance complany wants money back when you get your lump sum.

All employer sponsored long term disability programs that I have ever seen have such an offset provision; but you can buy a private policy that does not have an offset.

You should be careful not to spend any lump sum until this question is cleared up.

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This site is maintained by Paul McChesney, an attorney who has been practicing disability law for around 25 years in North and South Carolina.

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