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SUNNYISLES 1703779 City of Sunny Isles Beach The Partial Disability Monthly Benefit equals the lesser of A, B or C below: • A) The total disability benefit which would be payable if the employee I disability employment: predisability income (times) benefit percentage; B) The employee's predisability income minus other income benefits, a earnings from partial disability employment. C) The plan's maximum benefit. Example: Benefit Percentage: 60% Maximum Monthly Benefit: $5,000 Predisability Income: $3,000 Partial Disability Employment Earnings: $1,450 Other Income Benefits: $0 The partial disability benefit payable is the lesser of: A) 60% of Predisability Income B) Predisability Income less less Other Income Benefits: Partial Disability Employment Earnings and Other Income Benefits: $3,000 $3,000 x 60% - $1,450 $1,800 $1,550 �ceived no earnings from partial minus other income benefits. defined in the policy, including C) Maximum Monthly Benefit: $5,000 With Back On Track ®, income the employee receives from all sources would equal $3,000. (The LTD Plan's monthly partial disability benefit payment would equal $1,550, the lesser of A, B and C. Partial disability employment earnings of $1,450 + partial disability benefit of $1,550 = $3,000.) The partial disability benefit payable will never be more than the total disability monthly benefit or less than the minimum monthly benefit payable under the policy. C Jefferson Pilot Financial Insurance Company FL 19 11/02/01