LONGTERM DISABILITY Sample Clauses

LONGTERM DISABILITY. Full-time and regular part-time employees shall be covered by the Co-operators Long Term Disability Plan - "C" option 2 in accordance with the bylaws and regulations of the Plan. The cost of the premium shall be shared equally by the Co-operative and the employees.
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LONGTERM DISABILITY. The Board shall pay the full cost of long­term disability insurance for all employees that are employed thirty or more hours per week.
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LONGTERM DISABILITY a) The Company will provide a Long Term Disability program based on fifty-five percent (55%) of an employee’s normal annual earnings, less offsets, to a maximum monthly benefit of nineteen hundred dollars ($1900) from the date of expirationof weekly indemnity coverage to age Normal annual is defined as an employee’s regular straight time hourly rate multiplied by hours. Insurance coverage from private sources will not be included as an offset to the payment of Long Term Disability benefits. EffectiveSeptember an employee who is under years of age and has previously reached year anniversary on long term will have her future disabilitybenefitrecalculatedusingthe greater of existing long term disability benefit or a recalculation using the base rate effective September An employee who reaches year anniversary on long term disability on September or later, and is under sixty years of age at that time, will have future long term disability benefit recalculated using the greater of their existing long term disability benefit or a recalculationusingthe base rate effective on the date of that 10th anniversary. The Company will provide group life insurance coverage, insuring each employee for twice his annual earnings, as defined in above. this, effective September the level of insurance for pieceworkers will be the greater of their previous years annual earnings or hours x the Power Saw Operator's rate.
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LONGTERM DISABILITY. Upon receipt and approval by the insurer of due proof that an insured employee has become totally and continuously disabled for a period of twenty-six weeks, a monthly benefit shall be paid to the employee until the earliest of the following dates: the date on which the employee shall cease to be totally disabled, the date on which the employee attains normal retirement age;
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LONGTERM DISABILITY. 14.1 The City will continue to offer employees the option to purchase long­term disability insurance which will subsidize their income in the event of a non­work related injury or illness. The City does not participate in the State Disability Insurance plan. Therefore, if an employee suffers a non­work related injury or illness and is unable to work, the employee would not receive any City compensation.
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LONGTERM DISABILITY. The Company will arrange for a Long Term Disability benefit for all seniority employees as follows: month No Offsets Week Qualifying Period The employees will pay the premiums for this benefit through a weekly payroll deduction that will mean that any benefit received will be non- taxable. The deduction will be per week per employee for the life of this agreement. The Company agrees to the establishment of a plan in which representatives of both the Company and Union are the plan sponsorfor the LongTerm Disability benefit. SUPPLEMENTARYHEALTHCARE of the premium cost for eligible employees and their eligible dependents for the following benefits:
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Related to LONGTERM DISABILITY

  • Long Term Disability The Employer agrees to provide Long Term Disability benefits for active full-time employees after fifty-two (52) weeks if an Employee is unable to perform any occupation (reasonably suited by means of training, education or experience). The Plan will provide for sixty-six and two thirds percent (66 2/3%) of an Employee's basic monthly earnings to a maximum of $1,500.00. Coverage would cease the date an Employee attains normal retirement age.

  • Long Term Disability (LTD 4.7.1 The school board shall cooperate in the administration of the LTD Plan. It is understood that administration means that the school board will co-operate with the enrolment and deduction of premiums and provide available necessary data to the insurer, upon request. The school board will remit premiums collected to the carrier on behalf of the teachers.

  • Long Term Disability Plan The Welfare Plan will include a Long Term Disability Plan summarized in Appendix “2”.

  • Long-Term Disability (Employee Paid Plans)

  • Short Term Disability The Employer agrees to provide Short Term Disability benefits to all active full-time employees from the first (1st) day of an accident or the first (1st) full-time day of hospitalized or the fourth (4th) day of sickness. The Plan will pay sixty-six and two thirds percent (66 2/3%) of basic earnings for the first two (2) weeks, then Unemployment Insurance will pay fifteen (15) weeks, then the Plan will resume payments for thirty-five (35 weeks).

  • Disability If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of Other Benefits, the term Other Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and its affiliated companies and their families.

  • SICK LEAVE AND LONG-TERM DISABILITY (Articles 12.01 to 12.11 apply to full-time nurses only)

  • Long Term Disability Benefits A benefit level of seventy percent (70%) of monthly earnings shall apply. Benefits would commence after a waiting period of seventeen (17) weeks, when Short Term Disability Benefits terminate. Terms of the Master Policy with the Insurance Company shall apply. Statement of Intent In order to go on LTD, the person must:

  • Long-term Disability Coverage New employees may enroll in long-term disability insurance by their initial effective date of coverage. Employees who become eligible for insurance may enroll in long-term disability insurance within thirty (30) days of their initial effective date as defined in this Article, Section 5C. An employee who is insurance eligible and moves from a temporary position to a permanent position will be allowed to enroll in long-term disability coverage within thirty (30) days of the event without providing evidence of insurability. The terms are the same as for employees who wish to add/increase during the annual open enrollment. During open enrollment only, an employee may purchase long-term disability coverage that provides benefits of from three hundred dollars ($300) to seven thousand dollars ($7,000) per month, based on the employee's salary, commencing on the 181st calendar day of total disability, and not subject to evidence of insurability but with a limited term pre-existing condition exclusion. Employees should be aware that other wage replacement benefits, as described in the certificate of coverage (i.e., Social Security Disability, Minnesota State Retirement Disability, etc.), may result in a reduction of the monthly benefit levels purchased. In any event, the minimum is the greater of three hundred dollars ($300) or fifteen (15) percent of the amount purchased. The minimum benefit will not be reduced by any other wage replacement benefit. In the event that the employee becomes totally disabled before age seventy (70), the premiums on this benefit shall be waived.

  • Long Term Disability Benefit In the event an employee, while covered under this plan, becomes totally disabled as a result of an accident or a sickness, then, after the employee has been totally disabled for seven (7) months, including periods approved in Section 1.3(a) and (c), he/she shall be eligible to receive a monthly benefit as follows:

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