Common use of Long Term Disability (LTD Clause in Contracts

Long Term Disability (LTD. The Long-term Disability Plan provides protection against total loss of earnings due to health reasons. The Board’s share of premiums shall be seventy-five percent (75%) and the Employee’s share shall be twenty-five percent (25%) or as per Section 9.01(b)(iv). The benefit shall be based on fifty percent (50%) of the Employee's salary or wage at the time absence commences, subject to the terms of the Policy. Age sixty-five (65) or over – coverage and benefits terminate at age sixty-five (65).

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

Long Term Disability (LTD. The Long-term Disability Plan provides protection against total loss of earnings due to health reasons. The Board’s share of premiums shall be seventy-five percent (75%) and the Employee’s share shall be twenty-five percent (25%) ), or as per Section 9.01(b)(iv7.01(b)(iv). The benefit shall be based on fifty percent (50%) of the Employee's salary or wage at the time absence commences, subject to the terms of the Policy. Age sixty-five (65) or over – coverage and benefits terminate at age sixty-five (65).

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Long Term Disability (LTD. The Long-term Disability Plan provides protection against total loss of earnings due to health reasons. The Board’s share of premiums shall be seventy-five percent (75%) and the Employee’s share shall be twenty-five percent (25%) ), or as per Section 9.01(b)(iv7.01 (b)(iv). The benefit shall be based on fifty percent (50%) of the Employee's salary or wage at the time absence commences, subject to the terms of the Policy. Age sixty-five (65) or over – coverage and benefits terminate at age sixty-five (65).

Appears in 1 contract

Samples: Collective Agreement

Long Term Disability (LTD. The Long-term Disability Plan provides protection against total loss of earnings due to health reasons. The Board’s share of premiums shall be seventy-five percent (75%) and the Employee’s share shall be twenty-five percent (25%) or as per Section 9.01(b)(iv9.01 (b)(iv). The benefit shall be based on fifty percent (50%) of the Employee's salary or wage at the time absence commences, subject to the terms of the Policy. Age sixty-five (65) or over – coverage and benefits terminate at age sixty-sixty- five (65).

Appears in 1 contract

Samples: Collective Agreement

AutoNDA by SimpleDocs

Long Term Disability (LTD. The Long-term Disability Plan provides protection against total loss of earnings due to health reasons. The Board’s share of premiums shall be seventy-five percent (75%) and the Employee’s share shall be twenty-five percent (25%) or as per Section 9.01(b)(iv9.01 (b)(iv). The benefit shall be based on fifty percent (50%) of the Employee's salary or wage at the time absence commences, subject to the terms of the Policy. Age sixty-five (65) or over – coverage and benefits terminate at age sixty-five (65).

Appears in 1 contract

Samples: Collective Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.