CONDITIONS FOR IMPLEMENTING THE PLAN. a) The Long Term Disability Plan is payment in kind of the employee's share of the reduction in the employment insurance premium resulting from the qualification of the weekly indemnity plan under the unemployment insurance regulations. The full E.I. premium reduction including the employee 5/12 share will be retained by the employer. b) When an employee becomes totally disabled under this plan they shall have the option of taking all outstanding earned time off with pay, such as vacations, supplementary vacations, statutory holidays and any portion of banked overtime. Upon commencement of L.T.D. benefits, all terms and conditions of the collective agreement will become inoperative except where provided for in Section xiii c), ii), iii) and iv) of this plan summary. c) The following will also pertain:
Appears in 2 contracts
Sources: Collective Agreement, Collective Agreement
CONDITIONS FOR IMPLEMENTING THE PLAN. a) The Long Term Disability Plan is payment in kind of the employee's share of the reduction in the employment insurance premium resulting from the qualification of the weekly indemnity plan under the unemployment insurance regulations. The full E.I. premium reduction including the employee 5/12 share will be retained by the employer.
b) When an employee becomes totally disabled under this plan they shall have the option of taking all outstanding earned time off with pay, such as vacations, supplementary vacations, statutory holidays and any portion of banked overtime. Upon commencement of L.T.D. benefits, all terms and conditions of the collective agreement will become inoperative except where provided for in Section xiii c), ii), iii) and iv) of this plan summary.
c) The following will also pertain:
i) Negotiated wage increases or subsequent increases in plan benefits will not affect employees on L.T.D. benefits.
Appears in 1 contract
Sources: Collective Agreement