SICK PAY BENEFIT Sample Clauses

SICK PAY BENEFIT. 8.01 Full-time employees, after 90 days of employment, shall receive sick pay benefits according to the following:
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
SICK PAY BENEFIT. The effective date the sick pay benefit will be the day the nurse has completed 3 months of service. When a nurse becomes totally disabled from illness or injury, excluding compensable accidents such as those covered by Workers’ Compensation, she will receive sick pay benefit which will be paid by one of the following: - The Home - Insurance Carrier
Sample 1Sample 2Sample 3See All (4)
SICK PAY BENEFIT. The Company will arrange for a sick pay benefit for full-time employees if the employee is unable to work as a result of a non-work related personal disability. Qualified employees will be paid 100% of regular earnings to a maximum of 52 weeks. Benefits are paid in the form of salary continuance and all normal payroll deductions will continue. It is the employee’s responsibility to provide satisfactory medical evidence in order to be eligible for this benefit. If an employee returns to work and within 12 months becomes disabled again from the same or related causes, the disability is considered to be a continuation of the initial absence. If an employee returns to work and subsequently becomes disabled from a totally unrelated disability, then the full sick pay benefit entitlement is applicable. The amount of sick pay benefit to be paid will be reduced by disability income payable under a government plan after becoming totally disabled, including the disability pension to which you are entitled under Canada/Quebec Pension Plan (excluding benefits payable for dependent children) and an auto insurance policy, where permitted by law. Casual employees hired for a stated work term in excess of three months on a 37.5 hour work schedule who have completed a minimum of 13 weeks of the stated work term will be eligible for up to 5 paid sick days during the balance of the stated work term but in no event shall any paid days extend beyond the end of the stated work term. Satisfactory medical evidence of a non-work related personal disability must be provided prior to any sick pay benefit being paid.
Sample 1Sample 2

Related to SICK PAY BENEFIT

  • Accrued Benefit 1.05 1.16 Nonforfeitable ............................................. 1.05 1.17 Plan Year/Limitation Year .................................. 1.05 1.18 Effective Date ............................................. 1.05 1.19 Plan Entry Date ............................................ 1.05 1.20

  • Fringe Benefit The benefits provided by this Agreement are granted by the Employer as a fringe benefit to the Executive and are not a part of any salary reduction plan or any arrangement deferring a bonus or a salary increase. The Executive has no option to take any current payments or bonus in lieu of the benefits provided by this Agreement.

  • Normal Retirement Benefit Upon Termination of Employment on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Agreement.

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Retirement Bonus 22:01 Employees retiring in accordance with the following:‌

  • Early Retirement Benefit If the Executive terminates employment after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death or Disability, the Bank shall pay to the Executive the benefit described in this Section 2.2.

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

  • Disability Benefit If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.

  • Early Retirement Benefits If elected in the Adoption Agreement, an Early Retirement benefit may be available to individuals who meet the age and Service requirements that are specified in the Adoption Agreement. A Participant who attains his or her Early Retirement Date will become fully vested, regardless of any vesting schedule which otherwise might apply. If a Participant separates from Service with a nonforfeitable benefit before satisfying the age requirements, but after having satisfied the Service requirement, the Participant will be entitled to elect an Early Retirement benefit upon satisfaction of the age requirement.

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