Long-term Disability Insurance (LTD). Faculty Members may purchase on an after-tax basis either of two (2)
Long-term Disability Insurance (LTD). Faculty Members may purchase on an after-tax basis either of two (2) Long-term Disability Insurance Plans: Option 1 provides a benefit after four (4) months of 65% of base salary, up to a maximum monthly benefit of $4,000. Option 2 provides a benefit after six (6) months of 60% of base salary, up to a maximum monthly benefit of $4,000, and retirement annuity coverage if the Faculty Member becomes totally disabled. Participants in the Expanded “grandfathered” retirement plan receive retirement annuity coverage regardless of the LTD option chosen. Faculty Members whose annual base pay is $80,000 or more will be able to enroll in the same Supplemental Long Term Disability Plan which is available to unrepresented employees. Faculty Members who elect to enroll in the Supplemental LTD Plan will pay the full cost of the supplemental coverage on an after-tax basis.
Long-term Disability Insurance (LTD). A. The District will provide long-term disability insurance coverage options for eligible unit members.
Long-term Disability Insurance (LTD). (a) The Employer will contribute for regular full-time employees and regular term employees an amount equal to sixty percent (60%) of the insurance premium towards a Long-Term Disability Insurance Plan (as may be selected by the Employer), subject to the terms and conditions of such Plan, provided that the employee shall pay the remaining forty percent (40%) of such insurance premiums through standard payroll deductions. Any claim for benefits under such insurance plan shall be a matter exclusively between such employee and the insurance carrier in accordance with the terms and conditions of such Plan. Such claim for benefits shall not be the subject of a grievance or grievance arbitration under this agreement.
Long-term Disability Insurance (LTD). Employees are eligible to participate in the City’s LTD Plan. LTD premiums will be paid by the City on behalf of all Marine Safety employees.
Long-term Disability Insurance (LTD). The Employer will provide for each employee, at no cost to the employee, long term disability insurance (66 2/3% of wages, 60 day wait, $2,500 per month maximum benefit level).
Long-term Disability Insurance (LTD). 501.0 RCS shall purchase LTD Insurance for all Bargaining Unit Members. This plan shall pay 66 2/3% of the member's daily salary. Qualification will be after 90 calendar days from the onset of the disability. There shall be a coordination of LTD benefits and social security disability benefits so that the member receives 66 2/3% of the member's daily salary during the entire period of the covered disability.
Long-term Disability Insurance (LTD). 66.7% of first $2250 of monthly basic earnings plus 50% of the balance to a maximum monthly benefit of $5000. Payments commence following a 4 month waiting period ceasing at age 65.
Long-term Disability Insurance (LTD). Full-time employees will be entitled to coverage under a Board approved LTD plan. Permanent part-time employees are entitled to prorated benefits.
Long-term Disability Insurance (LTD). The District will contribute the entire premium cost of the District Long-Term Disability Insurance for eligible teachers as defined in Section 7.1.4.
