Extended Disability Benefit Sample Clauses

Extended Disability Benefit. An employee who has exhausted weekly Indemnity Ben- efits and continues to be disabled so as to be unable to en- gage in any gainful occupation or employment with the Com- pany for which he/she is reasonably qualified by education, training or experience shall receive a monthly disability ben- efit. Such benefit shall be payable for a period equal to such employee’s seniority at the date of disability or until the date of recovery, death or age 65. The amount of benefit shall be: - effective June 1, 1999. $2,010 Per month - effective June 1, 2000. $2,060 Per month - effective June 1, 2001. $2,100 Per month Such benefit shall be offset by the monthly equivalent of the total of the following benefits for which the employee is eligible:
Sample 1
AutoNDA by SimpleDocs
Extended Disability Benefit. If you should become totally disabled prior to age 65 and remain disabled for at least 6 months, your Life Coverage will remain in force. Satisfactory proof of disability must be submitted within 12 months of the commencement of disability and when requested thereafter. The termination of the policy will not affect the continuation of your insurance under the Extended Disability Benefit.
Sample 1
Extended Disability Benefit. If you qualify for the Extended Disability Benefit under the Life Insurance coverage, your Dependents Life Insurance will also be continued.
Sample 1
Extended Disability Benefit. An employee who has exhausted weekly Indemnity Bene- fits and continues to be disabled so as to be unable to engage in any gainful occupation or employment with the Company for which he is reasonably qualified by educa- tion, training or experience shall receive a monthly disabil- ity benefit. Such benefit shall be payable for a period equal to such employee’s seniority at the date o or until the date of recovery, death or age The amount of benefit shall be: -effective June Per month effective June . . . . . . . . . . . . . . . Per month effective June . . . . . . . . . . . . . . . Per month Such benefit shall be offset by the monthly equivalent f the total of the following benefits for which the employ e is eligible: lost time benefits under Worker’s Compensation Laws or other laws providing benefits for occupa- tional injury or disease, including lump-sum but excluding specific allowances for loss, loss of use of a body member; disability or old-age benefits to which the person is entitled under any existing or future Provincial or Federal legislation which becomes payable, except old-age benefits, reduced because of the age at which received, or benefits payable on a “needs” ba- sis; benefits under any provincial or federal law provid- ing benefits for working time lost because of disabil- ity; and no deduction on portion of benefits under any other Company-sponsored bene- fit or pension program. No benefit shall be payable for any period during which a female employee is on a pregnancy leave of absence as ar- ranged with the Company, or for any disability resulting from service in the armed services. Ontario Health Insurance Plan Prescription Drug Plan with a deductible prescription. Semi-Private Hospital. Major Medical Insurance: , Benefits are subject to a annual deductible per individual with an annual maximum deductible of per family. Benefits include nursing care, tic services, excess charges outside of Ontario and certain other miscellaneous expenses. Prosthetic Appliance and Durable Medical Equipment Benefit. Benefits will be paid on a reasonable and customary basis for prosthetic appliances and durable medical equipment where prescribed by a licensed physician. Nursing Home Benefit: Benefits provide payment for that portion of Nursing Home charges not paid by the Government of Ontario, to the Semi-Private level. Vision Care Benefit: Benefits for the cost and maintenance of eyeglasses are payable with respect to an employee or individual de- pen...
Sample 1
Extended Disability Benefit. If a new hire has attained insurance benefits, and is subsequently laid off, medical benefits will continue for six months following the month of lay off. Dental Insurance will cease at the end of the month the employee was laid off. No COLA All other terms and conditions of the collective bargaining agreement will apply.
Sample 1

Related to Extended Disability Benefit

  • Long Term Disability Benefit In the event an employee, while covered under this plan, becomes totally disabled as a result of an accident or a sickness, then, after the employee has been totally disabled for seven (7) months, including periods approved in Section 1.3(a) and (c), he/she shall be eligible to receive a monthly benefit as follows:

  • Long Term Disability Benefits A benefit level of seventy percent (70%) of monthly earnings shall apply. Benefits would commence after a waiting period of seventeen (17) weeks, when Short Term Disability Benefits terminate. Terms of the Master Policy with the Insurance Company shall apply. Statement of Intent In order to go on LTD, the person must:

  • Disability Benefits Technology Errors and Omissions Not less than $1,000,000 each claim Not less than $2,000,000 in aggregate At the time of the first transaction with an Authorized User and updated in accordance with Contract Crime Insurance Not less than $50,000 Lot 3 Insurance Type Proof of Coverage is Due Commercial General Liability Not less than $5,000,000 each occurrence Updated in accordance with Contract General Aggregate $2,000,000 Products – Completed Operations Aggregate $2,000,000 Personal and Advertising Injury $1,000,000 Business Automobile Liability Insurance Not less than $5,000,000 each occurrence Workers’ Compensation

  • Short Term Disability Benefits Paragraph 1: The Board shall provide short term disability benefits as set forth in the Short Term Disability Summary Plan Description. Short term disa- bility benefits for disabilities resulting from non-occupational illness or injury, shall be paid at the rate of 70% of the teacher’s regular daily rate, subject to all applicable deductions. A teacher may choose to save up to five (5) accumulat- ed temporary leave days. Following the exhaustion of temporary leave, there is a five day waiting period before short term disability benefits begin. The five day waiting period will be waived for absences greater than 30 calendar days and short term disability payments shall be paid retroactively.

  • Disability Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • 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.

  • Death or Disability The Executive's employment shall terminate automatically upon the Executive's death during the Employment Period. If the Company determines in good faith that the Disability of the Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to the Executive written notice in accordance with Section 12(b) of this Agreement of its intention to terminate the Executive's employment. In such event, the Executive's employment with the Company shall terminate effective on the 30th day after receipt of such notice by the Executive (the "Disability Effective Date"), provided that, within the 30 days after such receipt, the Executive shall not have returned to full-time performance of the Executive's duties. For purposes of this Agreement, "Disability" shall mean the absence of the Executive from the Executive's duties with the Company on a full-time basis for 180 consecutive business days as a result of incapacity due to mental or physical illness which is determined to be total and permanent by a physician selected by the Company or its insurers and acceptable to the Executive or the Executive's legal representative.

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Duty Disability (1) For Calendar Year 2018, 2019, and 2020 Depending on the individual's single/family enrollment status, the cost of coverage for individuals receiving a duty disability retirement allowance shall be as provided in subsection 3.a.(1) of this Article, above.

Time is Money Join Law Insider Premium to draft better contracts faster.