Common use of Long Term Disability (LTD Clause in Contracts

Long Term Disability (LTD. SICK LEAVE BANK Effective July 1, 1996, Corrections bargaining unit members may donate up to fifty (50) percent of their annual leave entitlement and up to all of their accrued personal leave entitlement to a Long-Term Disability Sick Leave Bank, provided that each member retains at least ten (10) annual leave days after such donation is made. The LTD Sick Leave Bank is for the benefit of a Corrections Unit member who is absent on account of non-job related, long-term disability and who has used all his or her sick leave, whether or not such employee has contributed to the bank or is expected to return to work. This Section shall not enlarge an employee’s right to continue employment under preexisting statute, contract provision, or regulation. The Bank will operate on a fiscal year basis from July 1, 1996, and will be administered by a joint Labor-Management Committee selected by the VSEA and the State. Bargaining Unit members will be notified of the months in which donations may be made, twice per fiscal year. Not more than one hundred fifty (150) unused bank days may be carried over from fiscal year to fiscal year.

Long Term Disability (LTD. SICK LEAVE BANK Effective July 1, 1996, Corrections bargaining unit members may donate up to fifty (50) percent of their annual leave entitlement and up to all of their accrued personal leave entitlement to a Long-Term Disability Sick Leave Bank, provided that each member retains at least ten (10) annual leave days after such donation is made. The LTD Sick Leave Bank is for the benefit of a Corrections Unit member who is absent on account of non-job related, long-term disability and who has used all his or her sick leave, whether or not such employee has contributed to the bank or is expected to return to work. This Section shall not enlarge an employee’s right to continue employment emp nt under preexisting statute, contract provision, or regulation. The Bank will operate on a fiscal year basis from July 1, 1996, and will be administered by a joint Labor-Management Committee selected by the VSEA and the State. Bargaining Unit members will be notified of the months in which donations may be made, twice per fiscal year. Not more than one hundred fifty (150) unused bank days may be carried over from fiscal year to fiscal year.