Long Term Disability Benefit Sample Clauses

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:
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Long Term Disability Benefit. The Long Term Disability insurance provides income security should you become totally disabled prior to age 65 due to a sickness or injury which totally disables you over a long period of time. The Plan provides you with coverage on and off the job.
Long Term Disability Benefit. Long term disability (LTD) benefits become payable only after you have received weekly indemnity benefits for the maximum period, or when you have received WSIB payments for a continuous period of 26 weeks. During the first 78 weeks of LTD benefits, your benefit will be payable weekly at 66-2/3% of your basic weekly earnings rate in effect during that period. At the end of the first 78 weeks, your LTD benefit will be fixed at 66-2/3% of your basic weekly earnings rate in effect in the 78th week of the LTD benefit period and thereafter your LTD benefit will be payable in an equivalent monthly amount at the end of each month. For example, if your earnings rate in the 78th week is $35.44 per hour:
Long Term Disability Benefit. The Commission agrees to provide all employees on Long Term Disability, benefits in accordance with the Letter of Understanding dated September 23, 1987. Effective January 1, 2011 the LTD benefit monthly cap increases from $2,500 to $2,550 for claimants who complete the qualifying period on or after January 1, 2011. In addition, the disability benefit to recipients whose Long Term Disability Benefits are based on wage rates in effect prior to December 31, 2010, shall be increased by $50.00 per month, not to exceed the plan maximum of $2,550 per month.
Long Term Disability Benefit. A-11.01 The Long Term Disability Plan will pay 66.7% of monthly earnings to a maximum of two ($2000.00) thousand dollars per month. There is a one hundred and nineteen (119) day qualifying period. The LTD benefit is payable to age 65 or retirement, whichever is earlier. A-11.02 The long term disability benefit is non-taxable as the employee pays the entire premium cost for the benefit.
Long Term Disability Benefit. 6.1 The provisions of this Article 6, “Long Term Disability Benefit”, apply to the Northwest and Gardnerville bargaining units only. Applicable Long Term Disability provisions for the Blythe/Xxxxxx bargaining unit are contained in Article 20, “Disability Benefits”, of the Blythe/Xxxxxx appendix to the MIFA # 3 Agreement.
Long Term Disability Benefit. In the event a team member, while covered under this plan, becomes totally disabled as a result of an accident or a sickness, then, after the team member has been totally disabled for seven months, including periods approved in Section 1.3(a) and (c), they shall be eligible to receive a monthly benefit as follows:
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Long Term Disability Benefit. Available to employees who suffer non-occupational injuries. Payments commence upon the expiration of Weekly Indemnity payments and continue until recovery, age sixty five (65) or death, whichever comes first. Benefits shall be the difference between the payment of one thousand five hundred dollars ($1,500.00) per month and the total of all payments made by the Government (calculated monthly) to such disabled employees. Employees shall be responsible for paying for the premiums associated with this Plan. The Company shall deduct the premiums from the employee’s pay each month and remit them to the insurance carrier. The Company will pay to the employee each month, an amount equal to the amount of the premium payable by the employee to this Plan.
Long Term Disability Benefit. The County shall provide and pay the premium for a Long-Term Disability (LTD) benefit as described in the applicable plan document for all full and part-time employees (0.40 FTE minimum) who meet the eligibility requirements. The benefit waiting period is the longer of 60 days, or the period you elect to receive paid leave. Employees eligible to receive LTD benefits are not required to exhaust sick leave before receiving LTD benefits, but an employee who chooses to use sick leave or other paid leave after the sixtieth (60th) day of disability is not eligible to receive any LTD benefits until the employee stops using paid leaves. LTD benefits cannot be supplemented with any paid leave. LTD benefits will be offset by any applicable income, such as short-term disability benefits, social security and social security disability benefits, etc.
Long Term Disability Benefit. (1) An employee in receipt of long-term disability benefits shall continue to be covered by the College Pension Plan, group life, extended health, dental and medical plans. Such employees shall also be covered by Clauses 11.5, 11.6 and 18.1(c) and shall, during the two (2) year period of disability re: own occupation, be eligible for Clauses 26.9 and 26.10. Employees shall not be covered by any other portion of the Collective Agreement but shall retain the right to the grievance procedure and the right of access to the Joint Committee established in the Collective Agreement.
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