Long-Term Disability (Employee. Paid Plans)
Long-Term Disability (Employee. Effective June 1, 2012 the company will provide a long-term disability plan to all seniority employees that covers fifty percent (50%) of the employees base hourly pay rate for a standard scheduled week with a maximum benefit of $550/week. Payment commences following a twelve (12) month waiting period and is subject to the terms and conditions of the master contract. Employees will co-pay 50% of the premium. Save as noted above, the eligibility guidelines of the long- term disability will be similar to those of the currently present in the Salaried Long term Disability Plan.
Long-Term Disability (Employee. Paid Plans) All permanent Teachers shall participate in the long term disability plan (LTD Plan) as a condition of employment, subject to the terms of the LTD plan. The Board shall cooperate in the administration of the LTD Plan. It is understood that administration means that the Board will co-operate with the enrolment and deduction of premiums and provide available necessary data to the insurer, upon request. The Board will remit premiums collected to the carrier on behalf of the Teachers. Where the plan administrator implements changes in the terms and conditions of the LTD Plan or the selection of an insurance carrier, the Board shall, for administrative purposes, be advised of changes at least thirty (30) days prior to the date the changes are to be implemented.
Long-Term Disability (Employee. Paid Plans) All permanent Teachers, including Teachers who are on an approved leave of absence, are eligible and shall participate in the long term disability plan (LTD Plan) as a condition of employment, subject to the terms of the LTD plan. The Board shall cooperate in the administration of the LTD Plan. It is understood that administration means that the Board will co-operate with the enrolment and deduction of premiums and provide available necessary data to the insurer, upon request. The Board will remit premiums collected to the carrier on behalf of the Teachers. Where the plan administrator implements changes in the terms and conditions of the LTD Plan or the selection of an insurance carrier, the Board shall, for administrative purposes, be advised of changes at least thirty (30) days prior to the date the changes are to be implemented.
