The L. T.I.P. coverage will terminate at the end of the calendar month in which an employee ceases to be a regular employee. If the employee is totally disabled on the date his or her insurance terminates, he or she shall continue to be insured for that disability.
The L. T.I.P. benefit to which an employee is entitled under Article 70.2.1 shall be reduced by the total of other disability or retirement benefits payable under any other plan toward which the Employer makes a contribution except for Workplace Safety and Insurance benefits paid for an unrelated disability, and such benefits are payable until the earliest of recovery, death or the end of the month in which the employee reaches age sixty-five (65).
The L. P. The L.P. is a limited partnership formed under the Limited Partnerships Act (Ontario), a limited partner of which is only liable for any of its liabilities or any of its losses to the extent of the amount that the limited partner has contributed or agreed to contribute to its capital and the limited partner’s pro rata share of any undistributed income.