Weekly Sickness and Accident Benefit Sample Clauses

Weekly Sickness and Accident Benefit. The Weekly Sickness and Accident Benefit amount will be equal to sixty per cent (60%) of the employee’s regular weekly wage (gross) based on forty (40) hours per week. The foregoing maximum benefit level increases apply (going forward as of the date of ratification) to new claims established within twenty-six weeks of ratification. The maximum benefit duration remains at twenty-six weeks. Xxxx pay will commence on the 1st day of outpatient hospital care where the employee undergoes local or general anesthetic for a procedure prescribed by a physician. If an employee has filed a claim for weekly indemnity and has not received payment from the insurance company within fourteen (14) calendar days from the time that the claim is initiated, the Company, acting reasonably, will consider advancing an amount equal to the weekly indemnity that is owed to the employee.
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Related to Weekly Sickness and Accident Benefit

  • 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.

  • Workplace Safety Insurance Benefits (WSIB) Top Up Benefits If the employee is in a class of employees that, on August 31, 2012, was entitled to use unused sick leave credits for the purpose of topping up benefits received under the Workplace Safety and Insurance Act, 1997;

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  • Layoff Benefits All rights to which a certificated employee was entitled at the time of his/her layoff including unused accumulated sick leave and credits toward leave eligibility will be restored to the certificated employee upon his/her return to active employment, and the certificated employee will be placed upon the proper step of the salary schedule for the certificated employee's current position according to the certificated employee's experience and education.

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