The Long Term Disability (LTD) plan is designed to provide you income if you are unable to work for a period longer than 26 weeks due to injury or illness.
| Who pays for the benefit |
Avista |
| Administrator |
Unum |
| Elimination period |
Benefits begin after 26 weeks of continuous disability |
| Amount of the benefit |
- 60% of your pre-disability earnings until you qualify as eligible for retirement benefits
- 50% of your pre-disability earnings when you are eligible for retirement (when you reach age 55 and have at least 15 years of service with Avista)
|
| Maximum benefit period |
- Employees with 1 to 10 years of service: 1 year of benefits for each completed year of service
- Employees with 10 or more years of service: until they reach the limiting age as defined by the Plan
- Benefits continue for eligible employees until they retire or reach their Normal Retirement Age, whichever comes first
|
| Taxation of benefit |
Any benefits you receive will be taxable to you |
*Temporary employees are not eligible for this benefit.
