OTIP definition

OTIP means the State Auto Financial Corporation One Team Incentive Plan.
OTIP has the meaning set forth in Section 7.11(f).
OTIP means the Ownership Transition Incentive Plan sponsored by Schmalbach and commenced January 1, 2001.

Examples of OTIP in a sentence

  • All OSSTF Teacher Bargaining Unit members who are permanent employees shall participate in the Long Term Disability Plan as a condition of their employment subject to the terms of the OSSTF LTD plan administered by OTIP.

  • All ETFO Teacher Bargaining Unit members who are permanent employees, including members who are on an approved leave of absence, are eligible and shall participate in the LTD Plan as a condition of their employment subject to the terms of the ETFO LTD plan administered by OTIP.

  • The process includes: Upon receipt of the appeal from the Employee, OTIP and Manulife have a unique appeal process.

  • The appeal committee is represented by a blend of the Manulife Operations Supervisor, medical consultant and OTIP Appeal Specialist that are independent of the Board and claims assessment process and would be responsible for rendering the decision.

  • Such data may include Appendix H, OTIP Secondment Funding Remittance forms, and other such forms reporting the amounts paid by the boards.

  • Benefits and conditions of the L.T.D. plan are those presently contained in the OTIP plan as chosen by the teachers.

  • The Board will administer the plan in the following manner as agreed to by E.T.F.O. and the Long Term Disability Insurance carrier O.T.I.P.: - Deduct and remit premiums for all eligible teachers enrolled in the plan to the insurance carrier of the Long Term Disability Insurance Plan.

  • As of September 1, 1999, OTIP plan #37029508, or equivalent, will apply to all members, being a non-integrated plan with 60% benefit payment, OTPP coverage while on LTD, and a 75 day waiting period.

  • The monies so deducted will be remitted by the Board to Ontario Teachers Insurance Plan (OTIP) as per the January 1981 Agreement between the Board and OTIP or to such other carrier as may lawfully be authorized by the Secondary Teachers.

  • In the event that a school board fails to implement the STLDP third party adjudication process with the Ontario Teachers’ Insurance Plan (OTIP) by September 1, 2012 all absences due to illness beyond the ten (10) sick leave days paid at 100% of salary shall be paid at 90% of regular salary.


More Definitions of OTIP

OTIP means the Ownership Transition Incentive Plan sponsored by ▇▇▇▇▇▇▇▇▇▇ and commenced January 1, 2001.

Related to OTIP

  • SIP means Session Initiation Protocol.

  • STIP means the Company’s short-term incentive plan under Section 8 of the Company’s 2007 Omnibus Incentive Plan, effective May 8, 2007, as may be amended from time to time, or any successor plan, program or arrangement thereto.

  • MIP has the meaning set forth in Section 3(b) of the Agreement.

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • Company Incentive Plan has the meaning set forth in Section 5.13.