Disability Pensions Sample Clauses

Disability Pensions. Disability pensions will be provided at 50% of earnings base.
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Disability Pensions. Disability pensions will be provided at 60% of the average salary for the last 2 years.
Disability Pensions. The Duty disability rate is 72%. Non Duty Disability pension rates are provided in the following schedule: Non Duty Disability Pension Rates (Effective July 1, 2016) Years of Service Disability Pension Rate 1-5 years 24% 6 years 28.8% 7 years 33.6% 8 years 38.4% 9 years 43.2% 10-19 years 48%
Disability Pensions. Effective August 1, 1982 the Authority shall discontinue the previous practice of additional pension payments to those employees who will become eligible for a disability pension for the Public Employees' Retirement System. Any person presently qualified to receive additional pension benefits shall continue to receive those benefits. The Authority shall have the right to administer this program through lump sum payments, annuities, or other financial instruments, which provide qualified participants with the benefits of equal economic value.
Disability Pensions. Eligibility If a member has en partially or totally disabled for at least weeks, he, or she may apply for a disability pension. Pension Payable If a member is totally disabled the pension is based on the pension earned or which could have been completed to age in addition to benefits payable by or weekly Indemnity with a supplement as required. The minimum guarantee is of the average salary in the pay periods prior to becoming disabled. The maximum benefit is of the average salary. Benefits increase in proportion to increases in the regular salary for the position.

Related to Disability Pensions

  • Long Term Disability Benefits A benefit level of seventy percent (70%) of monthly earnings shall apply. Benefits would commence after a waiting period of seventeen (17) weeks, when Short Term Disability Benefits terminate. Terms of the Master Policy with the Insurance Company shall apply. Statement of Intent In order to go on LTD, the person must:

  • Disability Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

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