Common use of Income Protection Plan Clause in Contracts

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.

Appears in 3 contracts

Samples: Agreement, www.scasd.org, www.scasd.org

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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 61stday of disability, not to exceed $5,000 maximum per month.

Appears in 2 contracts

Samples: Agreement, Agreement

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 years, in the event of sickness, and five (5) years years, in the event of accident, beginning on the 61st day 31st of disability, not to exceed $5,000 3,500 maximum per month.

Appears in 1 contract

Samples: Agreement

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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.

Appears in 1 contract

Samples: www.scasd.org

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