Income Protection
Hi, Long introduction: One of the things I've been grappling with is going back to work. As my diagnosis came almost at the end of the school year and I work in the education sector, I'm off work for...
Forum Discussion
Thanks @SoldierCrab
@Sister like @Joannie I am in education and am currently on income protection through VicSuper. My 2yrs finishes on 9th of January 2018. It is with AMP and I only found it after I'd completed chemo so I had already served my 90 days waiting and was backpaid quite a few months. It is 75%, I however worked 3 days a week and they picked up 75% of the 2 days I didnt work. It just wasnt enough otherwise for me as am Education Support. They work it out on your predisability earnings 75% of that.
I recommend also do not go back to work if your GP has said, you do have to have been off work unpaid for 6 weeks. The beauty was in the 2yrs I did not use my sick leave if I needed a day off, income protection picked it up. What I didnt like about it was, they do a gross then deduct your super that was paid by your employer as I was working then also take a % of super from their payment. As I worked this income was like a 2nd job so I was taxed ridiculously! I relied on this as am a single parent, however in a 2 income family this would be more than fine.
Hugs Melinda xo
@Sister like @Joannie I am in education and am currently on income protection through VicSuper. My 2yrs finishes on 9th of January 2018. It is with AMP and I only found it after I'd completed chemo so I had already served my 90 days waiting and was backpaid quite a few months. It is 75%, I however worked 3 days a week and they picked up 75% of the 2 days I didnt work. It just wasnt enough otherwise for me as am Education Support. They work it out on your predisability earnings 75% of that.
I recommend also do not go back to work if your GP has said, you do have to have been off work unpaid for 6 weeks. The beauty was in the 2yrs I did not use my sick leave if I needed a day off, income protection picked it up. What I didnt like about it was, they do a gross then deduct your super that was paid by your employer as I was working then also take a % of super from their payment. As I worked this income was like a 2nd job so I was taxed ridiculously! I relied on this as am a single parent, however in a 2 income family this would be more than fine.
Hugs Melinda xo