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.
Appears in 2 contracts
Long-Term Disability (Employee. Effective June 1, 2012 2004 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 $550500/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- long-term disability will be similar to those of the currently present in the Salaried Long term Disability Plan.
Appears in 2 contracts
