Income Protection Plan Sample Clauses

Income Protection Plan. 7.2.1 (a) All employees w ho are unable to perform their duties due to an illness or injury, other than one for w hich Workplace Safety and Insurance benefits are payable, shall be entitled to income protection in accordance w ith the follow ing schedule: Length of Service Full Salary 2/3' s Salary (Weeks) (Weeks) 3 months but less than 6 months 1 1 6 months but less than 12 months1 16 1 year but less than 2 years 2 15 2 years but less than 3 years 3 14 3 years but less than 4 years 4 13 4 years but less than 5 years 5 12 5 years but less than 6 years 7 10 6 years but less than 7 years 9 8 7 years but less than 8 years 11 6 8 years but less than 9 years 13 4 9 years but less than 10 years 15 2
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Income Protection Plan. A. Purpose Disability benefits are designed to provide cash income to any employee who is totally disabled by a non-job related injury or illness, and is therefore prevented from performing the duties of his or her occupation for a period in excess of seven (7) consecutive calendar days.
Income Protection Plan. The insurance policy known as the Income Protection Plan presently in force for City employees shall be maintained. The Insurance premium shall be waived for unit members with 100 days* or more of accrued sick leave (regardless of the number of sick days used in the past year). * In converting days to hours refer to Article 10, Section F, Subsection 1(A), 2(A) and 2(B).
Income Protection Plan. (A) The Board agrees to provide benefits in the amount of 60% of the employee’s regular salary for a period of two (2) years in the event of sickness, and five (5) years in the event of accident, beginning on the 61st day of disability, not to exceed $5,000 maximum per month.
Income Protection Plan. See Letter of Understanding Number #8
Income Protection Plan. 35.01 If during the term of this Agreement, the Company notifies the Union in writing technological change (defined as changes in equipment or methods of operation) has or will create a surplus of any job title in any work location which will necessitate layoffs or involuntary permanent reassignments of regular employees to different job titles involving a reduction in pay or to work locations requiring a change of residence, or if a force surplus necessitating any of the above actions exists for reasons other than technological change and the Company deems it appropriate, regular employees in the affected job titles and work locations may elect, in the order of seniority, and to the extent necessary to relieve the surplus, to leave the service of the Company and receive Income Protection payments described in this Article subject to the following conditions:
Income Protection Plan. 6.2.1 (a) All employees who are unable to perform their duties due to non-occupational illness or injury shall be entitled to income protection in accordance with the following schedule: Length of Service Full Salary (Weeks) 66 2/3% Salary (Weeks) 1 year but less than 2 years 2 15 2 years but less than 3 years 3 14 3 years but less than 4 years 4 13 4 years but less than 5 years 5 12 5 years but less than 6 years 7 10 6 years but less than 7 years 9 8 7 years but less than 8 years 11 6 8 years but less than 9 years 13 4 9 years but less than 10 years 15 2 10 years and over 17 0
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Income Protection Plan. Effective October 1, 1996 all existing sick leave banks were frozen, to be utilized in accordance with 7:02 (g), the Letter of Understanding pertaining to 7:02 (c), and Articles 8 and/or 9, whichever is applicable. The sick leave banking system was replaced with the following Income Protection Plan:
Income Protection Plan. The District shall provide an income protection benefit plan during the term of this Agreement.
Income Protection Plan. Part-time employees regularly scheduled to work at least fourteen (14) hours bi- weekly shall accumulate sick leave credits at the rate of 7% of the scheduled hours worked. It is understood that this is exclusive of any hours worked on a casual basis outside of regular scheduled hours.
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