Long Term Disability (LTD) Plan. The Corporation will provide an insured Long Term Disability plan for eligible full-time employees, and for new full-time employees on the first day of the month following completion of the probationary period, that will provide seventy five (75%) of normal straight time pay, taxable, from the 76th working day of absence due to illness or non-work related injury, inclusive of Workplace Safety and Insurance and Canada Pension Plan benefits (exclusive of dependent benefits). Long Term disability will be available, and/or coverage will be provided, until the sooner of:
Long Term Disability (LTD) Plan. A. Effective August 28, 1995 the BOARD shall make payment of insurance premiums for each administrator to provide a Long Term Disability (LTD) policy which at a minimum shall provide:
Long Term Disability (LTD) Plan. 2.13.1 The full premium cost of the plan shall be paid by the employee. The City w ill pay to each employee a monthly cash sum equivalent to the monthly premium.
Long Term Disability (LTD) Plan. The City will provide a long-term disability policy for all full-time employees covered by this agreement, issued by a company of the City’s sole and unrestricted choice. Such policy shall provide for payment of 70% of the employee’s base salary for a non-duty related injury or illness and in accordance with the provisions provided for in the LTD policy. Payment will be made following a sixty (60) calendar day benefit waiting period that begins on the first day of the disability. Employees are required to use their own sick time or any other paid time provision they have available to satisfy the sixty (60) calendar day benefit waiting period. Current employees will receive the LTD benefit effective, February 1, 2020. New hires will receive the LTD benefit within 90-days from date of hire and in conjunction with the effective date of their healthcare benefits. Plan Highlights: • Benefit: 70% of base wage • Benefit waiting period: 60 calendar days • Maximum monthly benefit: $6,000 • Own Occupation Period: The first 24 months LTD benefits are paid • Any Occupation Period: From the end of the Own Occupation period to age 65 See Long Term Disability (LTD) Policy for additional information.
Long Term Disability (LTD) Plan. The Corporation will provide an insured Long Term Disability (LTD) Plan for employees, and for new employees on the first day of the month following completion of the probationary period, that will provide seventy-five percent (75%) of normal straight time pay, taxable, from the 76th working day of absence due to illness or non- work related injury, inclusive of any Workplace Safety and Insurance and Canada Pension Plan benefits (exclusive of dependent benefits) until the sooner of recovery or retirement. Employees in receipt of Long Term Disability (LTD) benefits, exclusive of Animal Control Employees, shall receive an increase to those benefits of either (1) the average percentage increase negotiated by the Union for its members, or (2) the annual all Canada (C.P.I.) increase whichever is lesser, up to a five percent (5%) annual maximum increase. Effective April 1, 1996, the Long Term Disability (LTD) index provision will apply to Animal Control Employees. The insured sick leave plan adjudicator will require appropriate medical documentation from a qualified medical practitioner to process an LTD claim.
Long Term Disability (LTD) Plan. 30.01 The Employer will provide and maintain a Long Term Disability ( LTD) Plan through a policy in the name of the Employer, with a private Insurance Company, to insure all applicable eligible Employees covered by this Agreement.
Long Term Disability (LTD) Plan. The City will provide a paid for LTD insurance plan at no cost to all employees covered under this MOU. The City shall contribute up to one Dollar and Twenty Cents ($1.20) per One Hundred Dollars ($100.00) of an employee’s monthly salary up to Twenty-five Dollars ($25) per month per employee to provide the Long Term Disability Insurance Program.
Long Term Disability (LTD) Plan. All permanent employees who are employed on the basis of fifteen (15) hours per week or more, upon the completion of three (3) months' service, shall be included in a Long Term Disability Plan, providing protection against total loss of earnings due to health reasons.
Long Term Disability (LTD) Plan a) The Board shall administer the Long Term Disability plan as purchased by the teachers.
Long Term Disability (LTD) Plan. The Employer will continue to provide employees the Disability Income Plan provided through MEBP, with contribution costs being shared 50/50 between the Employer and the employees. Enrolment, coverage, contributions and benefits payable are subject to the limitations of the plan.
