Common use of Long Term Salary Indemnity Clause in Contracts

Long Term Salary Indemnity. All eligible employees shall participate in the Salary Indemnity Plan. Long Term Salary Indemnity is provided in accordance with the terms of the contract with the insuring company on the following general basis: Amount of Benefit: seventy percent (70%) of salary to a maximum of two thousand, nine hundred and fifty dollars ($2,950) per month.

Appears in 7 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Long Term Salary Indemnity. All eligible employees shall participate in the Salary Indemnity Plan. Long Term Salary Indemnity is provided in accordance with the terms of the contract with the insuring company on the following general basis: Amount of Benefit: seventy percent (70%) of salary to a maximum of two thousand, nine thousand two hundred and fifty seventy-five dollars ($2,9502,275) per month.

Appears in 2 contracts

Samples: Letter of Agreement, Letter of Agreement

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