INCOME PROTECTION SCHEME. Principles
INCOME PROTECTION SCHEME. CLAUSE 5.11 ........................................................ 25 INTENT AND OBJECTIVES – CLAUSE 1.6 .................................................................... 2
INCOME PROTECTION SCHEME. It is recognised by both Parties that long term sickness or injuries can happen to anyone and can have a devastating affect on the individual’s personal and financial affairs. One way of addressing this is to provide some form of income protection at a reasonable cost. This cost will be borne by the employer.
INCOME PROTECTION SCHEME. Company employees may elect to contribute to a scheme of income protection available through any one of the unions party to this Agreement. Upon receipt of written authority form from an employee, the Company will deduct the appropriate contribution from the employee's pay and remit it to the Scheme Manager an a regular basis.
INCOME PROTECTION SCHEME. 36.1 All employees who are members of the Automotive, Food, Metals, Engineering, Printing and Kindred Industries Union to whom this enterprise agreement applies, shall be covered by a Sickness and Accident Income Protection Plan, approved and endorsed by the Automotive, Food, Metals, Engineering, Printing and Kindred Industries Union.
INCOME PROTECTION SCHEME. 5.2.1 The Corporation agrees to continue contributing to a Sickness and Accident Plan
INCOME PROTECTION SCHEME. The parties shall identify an appropriate provider of an income protection scheme. It is a term of the Agreement that the Company will pay Top-up/24 Hour Accident/Sick Insurance under an agreed fund from the date of agreement, provided the cost of same is neutral to the Company.
INCOME PROTECTION SCHEME. The company will facilitate payroll deductions for the purpose of Income Protection.
INCOME PROTECTION SCHEME. The Employer agrees to enter into and fund an Income Protection Insurance Policy to cover all Employees covered by this Agreement at the prevailing market rate. The preferred insurance policy is PayCover by CoverForce Pty. Ltd, no other policy will be accepted by the parties unless it provides Employees with the same or superior benefits.
INCOME PROTECTION SCHEME. 5.2.1 The Corporation agrees to continue contributing to a Sickness and Accident Plan for all employees covered by this Agreement, which will provide journey insurance, income protection in the event of injury or sickness and a Workers
