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John Hiatt Sawyer was OCEA's first general manager. Sawyer, a graduate of the University of Michigan, joined OCEA in 1960 and turned it from a fraternal organization into the professional labor union it is today. During Sawyer's tenure at OCEA, the union negotiated health insurance for retired workers.
High-limit disability insurance is designed to keep individual disability benefits at 65% of income regardless of income level. Coverage is typically issued supplemental to standard coverage. With high-limit disability insurance, benefits can be anywhere from an additional $2,000 to $100,000 per month.
What Is Disability Insurance? Disability insurance protects you when you can no longer work because of an illness or injury. This coverage requires you to pay disability insurance premiums at ...
Some fringe benefits (for example, accident and health plans, and group-term life insurance coverage up to $50,000) may be excluded from the employee's gross income and, therefore, are not subject to federal income tax in the United States. Some function as tax shelters (for example, flexible spending, 401(k), or 403(b) accounts).
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Disability insurance: Disability insurance pays a portion of your income if you are disabled and unable to work. There are two forms: short- and long-term, which come with different amounts of ...
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