LTD benefit definition

LTD benefit means the same as in R2-8-301
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LTD benefit means the amount of funds the member receives from the ASRS or the ASRS contracted LTD claims administra- tor, for the period of time a member has an eligible disability as described in A.R.S. § 38-797.07(A)(11).
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LTD benefit means the monthly income payable to a Totally Disabled Participant or to a Participant with a Progressive Disability in accordance with the terms of this Plan.
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Examples of LTD benefit in a sentence

  • The City, at its own cost, shall provide to employees a Long Term Disability (LTD) benefit that provides, after a one hundred and eighty (180) day elimination period, sixty percent salary (60%) (subject to integration) up to age sixty-five (65).

  • If the Plan involves a change in own occupation, the LTD benefit period will continue at least until the end of the first two (2) years of disability.

  • If approved as eligible for LTD under the Plan, the employees’ Worker’s Compensation benefit will be deducted from the employee’s LTD benefit as an approved offset.

  • The SFMTA, at its own cost, shall provide to employees a Long Term Disability (LTD) benefit that provides, after a one hundred and eighty (180) day elimination period, sixty percent salary (60%) (subject to integration) up to age sixty-five (65).

  • No dispute arising under the LTD benefit program shall be subject to the grievance and arbitration procedures set forth in this Agreement, except an allegation that the City has failed to pay required payments to the LTD benefit administrator.

  • The LTD benefit administrator shall provide a procedure for an employee to dispute claims and claim decisions.

  • The City, at its own cost, shall provide to employees a Long Term Disability (LTD) benefit that provides, after one hundred and eight (180) day elimination period, sixty percent (60%) salary (subject to integration) up to age sixty-five (65).

  • In many situations, an employee who returns to work by participating and cooperating in an Approved Rehabilitation Plan will be able to increase her monthly earnings above the LTD benefit amount.

  • During the 41st through the 60th calendar days of the deductible period, and during the period an employee is eligible to receive LTD insurance benefits, the employee shall use available sick leave (or other leave time if sick leave is not available) to supplement the LTD benefit at full salary.

  • In many situations, an employee who returns to work by participating and cooperating in an Approved Rehabilitation Plan will be able to increase his/her monthly earnings above the LTD benefit amount.


More Definitions of LTD benefit

LTD benefit means the monthly benefit payable to you under the terms of the Group Policy. Maximum Benefit Period means the longest period for which LTD Benefits are payable for any one period of continuous Disability, whether from one or more causes. It begins at the end of the Benefit Waiting Period. No LTD Benefits are payable after the end of the Maximum Benefit Period, even if you are still Disabled. See Coverage Features. Noncontributory means (a) insurance is nonelective and the Policyholder or Employer pay the entire premium for insurance; or (b) the Policyholder or Employer require all eligible Members to have insurance and to pay all or part of the premium for insurance.
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Related to LTD benefit

  • Accrued Benefit have the meanings specified in ERISA.

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Vested Benefits means amounts which are vested or which Executive is otherwise entitled to receive under the terms of or in accordance with any plan, policy, practice or program of, or any contract or agreement with, the Company or any of its subsidiaries, at or subsequent to the date of his termination without regard to the performance by Executive of further services or the resolution of a contingency.

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.