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David Geffen School of Medicine at UCLA Graduate Medical Education
Salaries & Benefits - LTD Plan Booklet
Benefit Offsets

Benefit Offsets means the following:
  1. sick pay from the Employer;
  2. salary continuation or severance pay from the Employer, excluding vacation pay;
  3. any amount you receive or are eligible to receive because of your Disability under any Workers' Compensation law or similar law, including amounts for vocational therapy or for partial or total disability, whether permanent or temporary;
  4. any amount you receive or are eligible to receive because of Disability under any state disability income benefit law or similar law;
  5. any amount you receive or are eligible to receive because of Disability under any group insurance coverage;
  6. any Disability or Retirement Benefits, sponsored or contributed to by the Employer on your behalf, that are received under the Employer's Retirement Plan (in addition, see Pension Plans, Retirement Plans, and Retirement Benefits in Section III - Definitions and List of Defined Terms);
  7. any amount you receive or are eligible to receive through the Veterans Administration (except from a National Service Life Insurance Policy) because of your Disability;
  8. any amount you receive by compromise, settlement, or other method resulting from a claim for any of the above, whether disputed or undisputed;
  9. if the Benefit Offsets are shown as Direct Primary on the Schedule of Insurance, then any amount you receive or are eligible to receive because of your Disability or retirement under any Federal Act or Plan;
  10. if the Benefit Offsets are shown as Direct Family on the Schedule of Insurance, then any amount you, your spouse, or children under age 18 receive or are eligible to receive because of your Disability or retirement under any Federal Act or Plan; and
  11. if the Benefit Offsets are shown as All Sources on the Schedule of Insurance, the LTD Monthly Benefit Amount equals the lesser of:
    1. Earnings multiplied by the LTD Benefit Percentage before reduction for Benefit Offsets;
    2. the LTD Maximum Monthly Benefit Amount; or
    3. the All Sources percentage multiplied by your Earnings less Benefit Offsets.
Federal Acts and Plans mean any of the following:

  1. the Federal Social Security Act;
  2. the Canada Pension Plan;
  3. the Quebec Pension Plan;
  4. the Railroad Retirement Act;
  5. the Jones' Act; or
  6. any similar plan or act.
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