It’s time for a rethink around LTD coverage for older employees

Plans that only pay benefits for workers under 65 could face age-discrimination claims

Employers and unions should re-think long-term disability (LTD) benefits for employees over age 65 because a common provision — only paying benefits to those younger than 65 — may be susceptible to age-discrimination claims. Sponsors and unions should proactively consider plan options to avoid reacting later.

To read the full story, login below.

Not a subscriber?

Start your subscription today!