Common use of Benefit Levels Clause in Contracts

Benefit Levels. Short Term Disability Benefit payments for claims which originate on or after January 1, 2006, 75% of base pay to a maximum benefit of: $800.00. If the employee qualifies for Employment Insurance Sickness benefits, it is understood that the combined weekly payments received under this article and the weekly rate of employment insurance benefits will not exceed 75% of an employee’s weekly base pay. An employee has no vested rights to payments under the Employment Insurance Sickness Benefits Plan approved by the HRDC except to payments during a period of unemployment recognized as such by Human Resources Development Canada. Payments in respect of guaranteed annual remuneration or in respect of deferred remuneration or severance benefits are not reduced or increased by Employment Sickness Benefits Program.

Appears in 3 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement