Common use of Long Term Disability Benefit Clause in Contracts

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. 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 six hundred dollars ($1,500.001,600.00) 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. Available to employees who suffer non-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 seven hundred dollars ($1,500.001,700.00) 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.