Common use of Employer Contribution to Long Term Disability Plan Clause in Contracts

Employer Contribution to Long Term Disability Plan. The Employer shall pay one hundred percent (100%) of the premium for a mutually agreeable Long Term Disability Plan, which shall provide coverage for sixty-six and two-thirds percent (66 2/3%) of an Employee's annual salary, up to a maximum of two thousand dollars ($2,000) per month. This shall commence four (4) months after her initial date of disability. The Glebe Parents Day Care Centre Inc. shall continue to provide its present coverage, provided it is at least equal to the above. In the case of absence for illness or disability, the Employer's contribution will be paid to the above Plan for a maximum of one (1) year from the commencement of absence. Thereafter, the Employee may pay the full premiums through the Employer. The Employee shall continue to accumulate sick leave and vacation credits for a maximum of one year following the date of illness / injury / or inability to work. The Employee shall have the right to accumulate seniority.

Employer Contribution to Long Term Disability Plan. The Employer shall pay one hundred percent (100%) of the premium for a mutually agreeable Long Term Disability Plan, which shall provide coverage for sixty-six and two-thirds percent (66 2/3%) of an Employee's annual salary, up to a maximum of two thousand dollars ($2,000) per month. This shall commence four (4) months after her initial date of disability. The Glebe Parents Day Care Centre Inc. shall continue to provide its present (Cont’d.) coverage, provided it is at least equal to the above. In the case of absence for illness or disability, the Employer's contribution will be paid to the above Plan for a maximum of one (1) year from the commencement of absence. Thereafter, the Employee may pay the full premiums through the Employer. The Employee shall continue to accumulate sick leave and vacation credits for a maximum of one year following the date of illness / injury / or inability to work. The Employee shall have the right to accumulate seniority.