Please contact your employer to determine if you can continue receiving coverage for the following benefits while you are on long term disability:
- group life insurance;
- dental plan coverage; and
- medical plan coverage.
A power of attorney is a legal document that allows you to appoint someone else to look after your affairs should you become unable to look after them on your own.
If you currently have assigned a power of attorney to look after your affairs, which includes your long term disability benefits, a copy must be on file with Möbius Benefit Administrators Inc. so that we may act in a timely manner on any requests received by your attorney. If you have not already provided a copy of your power of attorney, please do so as soon as possible.
There are different types of power of attorney. For information specific to your own personal circumstances, you should consult a lawyer.
Disability benefits are considered taxable income. Tax will be withheld from each payment you receive and remitted to the government on your behalf.
Each year you will be issued a T4A form which lists the total taxable benefit you received for the year and the amount of tax withheld. The government permits you to deduct contributions made to the Plan since January 1, 1992 from any benefit received, provided you did not claim the contribution on a previous year's tax return. Therefore, you should include the T4A form you receive when calculating and filing your income tax return.