EMPLOYEE BENEFITS 2
Employee Benefits
1. MEMORANDUM
To: Senior Management
From: Human Resources Manager
Date: 20 September 2019
Subject: EXPLANATION OF THE LTD PROPOSAL
This memorandum explains the Long Term Disability insurance policies being proposed
by Macewan Manufacturing Limited. The company recently made this proposal. After receiving
the proposal, I feel honored to explain to you the features proposed in it as the Human Resource
Manager. Macewan Manufacturing Limited`s LTD Insurance proposal comprises of several
design features. First, the proposal defines a disabled employee as one who is incapable of
working due to non-work related illness or injury. According to the proposal, a disabled
employee qualifies to receive the disability benefits if he or she is medically unable to carry out
his or her duties of his or her occupation during the first 24 months and the qualifying period.
The proposal states a qualifying period as a period in which the company determines whether the
employee is disabled or not; that is to say, he or she gets employee benefits if his or her disability
lasts for more than 26 weeks. In the proposal, a benefit amount of 55% of the basic earnings of
an employee is to be provided which is bound to be reduced by any indirect offset income which
may cause a rise in one`s total income above 85% of his or her monthly basic earnings.

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