MMC Benefits Handbook
Disability Payment Details
What is considered pre-disability earnings for determining the amount of my disability benefit?
Pre-disability earnings for the purpose of this Plan is your annual base salary (excluding overtime, bonuses, commissions, and other extra compensation) in effect prior to your date of disability, up to a maximum of $520,000 per year, or $43,333 per month. The maximum monthly benefit payment amount for the Plan is $17,333 ($43,333 x 40%).*
* If you are employed by any entity in Bermuda, the maximum monthly benefit payment amount for the Plan is $26,000.
Maximum Benefit
The Plan's maximum monthly benefit amount is $17,333*.
* If you are employed by any entity in Bermuda, the maximum monthly benefit amount is $26,000.