On LTD Sample Clauses

The "On LTD" clause defines the terms and conditions that apply when an individual is on Long-Term Disability (LTD) leave. Typically, this clause outlines how employment status, benefits, and compensation are handled during the period an employee is unable to work due to a qualifying disability. For example, it may specify whether health insurance continues, if salary is partially paid, or how job protection is maintained. The core function of this clause is to provide clarity and security for both the employer and employee regarding rights and obligations during extended disability absences.