Xxxx Term Disability Insurance. The Board shall provide Long Term Disability Insurance. LTD premiums are a taxable income to the teachers; benefits received are non-taxable according to the Internal Revenue Code. The policy shall include a maximum benefit of 66 2/3 percent of salary to age sixty-five after a 90 day waiting period and a cost-of-living adjustment.
Xxxx Term Disability Insurance. The Employer agrees to offer group long term disability insurance for bargaining unit employees at employee cost.
Xxxx Term Disability Insurance. After an employee has been totally disabled for a continuous period of ninety (90) days or the expiration of accumulated sick leave whichever comes later, the plan pays a monthly benefit of two-thirds (2/3) of basic monthly earnings to a maximum benefit of $5,000 per month. The benefit duration is as set forth in the long-term disability insurance policy. If the School District changes the long term disability insurance carrier or plan, the new carrier or plan shall have the same or better benefits. Each member of the bargaining unit shall be provided a copy of the long term disability policy.
Xxxx Term Disability Insurance. The Employer shall provide long-term disability insurance for all full-time employees and pay one-hundred percent (100%) of all premiums (employer and employee share) for long-term disability insurance.
Xxxx Term Disability Insurance. The school employer shall pay up to the amount specified below toward the costs of a long-term disability insurance plan per full-time teacher employed under regular or temporary contract and enrolled in the school corporation's group plan, with the teacher paying not less than one dollar ($1.00). ∙ up to $280.00 in 2022-20232021-2022 The insurance company will be selected by the school employer. The school employer and the Association will mutually agree upon the coverage provided.
Xxxx Term Disability Insurance. The Board of Education will pay 100% of the premium for a long term disability insurance program. The plan shall be the same as in the district administrator’s contract in effect for the duration of this contract.
Xxxx Term Disability Insurance. A long-term disability program shall be offered as follows:
Xxxx Term Disability Insurance. The City shall pay for the premium for a long-term disability plan for safety employees as implemented in the Standard Insurance Long Term Disability Plan.
Xxxx Term Disability Insurance. An eligible employee may purchase Long Term Disability Insurance which will provide for 65% of income replacement if the employee becomes totally disabled. The benefits are payable after a four (4) month waiting period. The plan includes a twelve (12) month pre-existing condition limitation, a twelve (12) month limit on mental/nervous and/or substance abuse disabilities, a twelve (12) month change of occupation limitation and no pension contribution. The University will contribute 50% of the cost of the premium with the remainder paid by the employee through after-tax payroll deduction. Employees who waive LTD coverage will not receive any additional credits. The Center is to assure that at no time a general professional exclusion from coverage is enforced against the nurse employees.
Xxxx Term Disability Insurance. The employer will pay LTD to equate to 2/3 base salary, like current practice for Sergeants. Plan description to be provided to employees upon request.
