Long Term Disability Benefit. In the event an employee, while covered under this plan, becomes totally disabled as a result of an accident or a sickness, then, after the employee has been totally disabled for seven (7) months, including periods approved in Section 1.3(a) and (c), he/she shall be eligible to receive a monthly benefit as follows:
Long Term Disability Benefit. Long term disability (LTD) benefits become payable only after you have received weekly indemnity benefits for the maximum period, or when you have received WSIB payments for a continuous period of 26 weeks. During the first 78 weeks of LTD benefits, your benefit will be payable weekly at 66-2/3% of your basic weekly earnings rate in effect during that period. At the end of the first 78 weeks, your LTD benefit will be fixed at 66-2/3% of your basic weekly earnings rate in effect in the 78th week of the LTD benefit period and thereafter your LTD benefit will be payable in an equivalent monthly amount at the end of each month. For example, if your earnings rate in the 78th week is $35.44 per hour:
Long Term Disability Benefit. The Commission agrees to provide all employees on Long Term Disability, benefits in accordance with the Letter of Understanding dated September 23, 1987. Effective January 1, 2011 the LTD benefit monthly cap increases from $2,500 to $2,550 for claimants who complete the qualifying period on or after January 1, 2011. In addition, the disability benefit to recipients whose Long Term Disability Benefits are based on wage rates in effect prior to December 31, 2010, shall be increased by $50.00 per month, not to exceed the plan maximum of $2,550 per month.
Long Term Disability Benefit. Schedule: The Long Term Disability Benefit insures 66.67% of monthly earnings to a maximum benefit of $3,000 per month, payable upon Total Disability, and with no CPP Offsets. The maximum income from all sources during disability will not exceed 85% of the pre-disability gross monthly earnings. The benefit payable is taxable upon receipt. Elimination Period: Payment of benefits will begin after being Totally Disabled for 26 weeks or after the Weekly Disability Benefit period, if longer. Definition of Total Disability: During the Elimination Period and the first 24 months following the Elimination Period a Member is considered Totally Disabled if they are unable to perform the essential duties of his or her own occupation and earn at least 80% of his or her indexed pre- disability gross monthly earnings due to an illness or injury. After that time a Member will be considered Totally Disabled if they are not able to perform the essential duties of his or her own occupation or any occupation for which he or she is or could become reasonably qualified by training, education, and experience and earn at least 70% of his or her indexed pre-disability gross monthly earnings due to the same illness or injury. Maximum Benefit Period: Payments will terminate upon the earliest of the member’s 65th birthday, retirement, or recovery. EXTENDED HEALTH CARE PLAN Eligible expenses are covered at 100% to a lifetime maximum of $1,000,000 per covered person. Eligible expenses include the usual major medical supplies and appliances not covered by the Provincial Health Insurance Plan or any other government plan, including WSIB.
Long Term Disability Benefit. The Long Term Disability insurance provides income security should an Employee become totally disabled prior to age 65 due to a sickness or injury which totally disables the Employee over a long period of time. The Plan provides an Employee with coverage on and off the job.
Long Term Disability Benefit. Available to employees who suffer non-occupational injuries. Payments commence upon the expiration of Weekly Indemnity payments and continue until recovery, age sixty five (65) or death, whichever comes first. Benefits shall be the difference between the payment of one thousand five hundred dollars ($1,500.00) per month and the total of all payments made by the Government (calculated monthly) to such disabled employees. Employees shall be responsible for paying for the premiums associated with this Plan. The Company shall deduct the premiums from the employee’s pay each month and remit them to the insurance carrier. The Company will pay to the employee each month, an amount equal to the amount of the premium payable by the employee to this Plan.
Long Term Disability Benefit. (1) An employee in receipt of long-term disability benefits shall continue to be covered by the College Pension Plan, group life, extended health, dental and medical plans. Such employees shall also be covered by Clauses 11.5, 11.6 and 18.1(c) and shall, during the two (2) year period of disability re: own occupation, be eligible for Clauses 25.9 and 25.10. Employees shall not be covered by any other portion of the Collective Agreement but shall retain the right to the grievance procedure and the right of access to the Joint Committee established in the Collective Agreement.
Long Term Disability Benefit. The Long Term Income security should you become totally disabled prior to age due to a sickness or Injury which totally disables over a long period of The Plan provides you with coverage on and off the job. MONTHLY BENEFIT Your monthly benefit is equal to of your normal monthly earnings which are defined as your base rate times the regular hours per week and excludes overtime pay. This amount is reduced by an income payable to you as a result of your disability from any of the sources: Sick Pay from the Any other group insurance disability benefits arranged through the Employer or any professional association Retirement benefits from the or a governmental plan Governmental disability benefits Workmen's Compensation benefits
Long Term Disability Benefit. The Board will provide long term disability income benefit to cover all regular seniority employees under the age of 70 working at least twenty-five (25) hours per week after 364 calendar days of illness or disability. Such benefit shall not exceed payment of 2/3 of his/her regular salary, at time of illness or disability, subject to a maximum benefit of $2,100.00 per month and reduced by any amounts paid or payable under Workers Compensation, Social Security, or any other earned income. Said compensation, as described above, is subject to the terms of the contract with the respective benefit carrier.