Changes to Disability Benefit Plans Effective January 1, 2018
December 7, 2017
The Department of Employee Trust Funds (ETF) is making changes to the disability benefit plans offered, Long-Term Disability Insurance (LTDI) and Disability Retirement. Both plans provide income if a Wisconsin Retirement System (WRS) participant becomes totally and permanently disabled. The plans have different eligibility requirements and different benefit calculations.
As of January 1, 2018, the LTDI benefit plan will close to new claims. Current recipients will continue to receive LTDI benefits. Employees with pending LTDI claims will be allowed to finish the claims process into 2018.
The Disability Retirement plan will be available to all eligible WRS participants effective January 1, 2018. Currently, the plan is only available to participants who have been working in WRS-covered employment continuously since October 15, 1992 until the date of disability.
Learn more about WRS Disability Benefit Plans.
Source: UW Service Center
Categories: Insurance