MMC Benefits Handbook
Disability Payment Details
How is the Long Term Disability Bonus Income Plan benefit payment determined?
The Long Term Disability Bonus Income Plan benefit payment is determined by taking 60% of your covered benefit amount up to $15,000 per month. The covered benefit amount is determined by applying the coverage option percentage you elect to your eligible bonus. The 100% coverage option is subject to a maximum of $300,000. The 50% coverage option is subject to a minimum of $50,000 and a maximum of $150,000.
The Plan's maximum benefit amount is $15,000 per month.