As most of you know, your Disability Program (ILIP) pays a Short and Long-Term disability benefit when you’re unable to continue working due to disability. The Plan continues to support you and your family financially on your path to recovery.
The primary fiduciary responsibility of your Trustees is to ensure the long term viability of the plan on an ongoing basis. During the past two years the ILIP Plan has experienced a significant increase in utilization. This has made it necessary to make some prudent financial decisions in order to maintain your current benefit level and keep the ILIP Plan properly funded. Read Bulletin here…
