Stephen Hayden - Page 5

                                        - 5 -                                         
          employment.  On January 12, 1995, petitioner filed a claim with             
          UNUM for monthly disability benefits.                                       
               Initially UNUM refused to pay petitioner’s disability claim            
          for lack of medical documentation establishing that petitioner              
          suffered a loss of function.  Petitioner filed an administrative            
          appeal.  UNUM eventually reversed its initial decision and approved         
          petitioner’s disability claim.                                              
               On June 19, 1997, UNUM paid petitioner a lump sum of                   
          $237,885.69 for benefits owed from March 21, 1995 to June 18, 1997.         
          In addition to the lump-sum payment, on July 20, 1997, petitioner           
          began receiving monthly disability payments of $9,333.33.                   
          Petitioner received benefits totaling $286,931.22 in 1997 and               
          $115,597.08 in 1998.                                                        
               On his 1997 and 1998 Federal tax returns, petitioner reported          
          the $286,931 (rounded) received from UNUM in 1997 and the $115,597          
          (rounded) received in 1998 as non-taxable sick pay.  Petitioner             
          filed both his 1997 and 1998 tax returns in December 1999.                  
               Although UNUM paid petitioner the disability payments in 1997          
          and 1998, petitioner disputed the amount of the monthly benefit he          
          was entitled to receive.  While UNUM paid petitioner $9,333.33 per          
          month in 1997 and 1998, petitioner demanded monthly benefits of             
          $10,000.  Petitioner filed suit against UNUM in State court on              
          September 17, 1998.  Petitioner and UNUM settled their dispute, and         
          the suit was dismissed on November 15, 2000.  The State court               






Page:  Previous  1  2  3  4  5  6  7  8  9  10  11  12  Next

Last modified: May 25, 2011