Common use of Term Plan Clause in Contracts

Term Plan. All employees other than Casual, who are employed on the basis of seventeen and a half hours per week or more, upon the completion of three months’ service, shall be included in a Long Term Disability Plan, providing protection against total loss of earnings due to health reasons, with the being paid by the employee. Employees are entitled to fifty percent of their basic wage after six months of continuous absence.

Term Plan. All employees other than Casual, who are employed on the basis of seventeen and a half hours per week or more, upon the completion of three months’ service, shall be included in a Long Term Disability Plan, providing protection against total loss of earnings due to health reasons, with the cost being paid by the employee. Employees are entitled to fifty percent of their basic wage after six three months of continuous absence.