Common use of Long Term Disability Benefit Clause in Contracts

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.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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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, 1998 the disability benefit to recipients whose Long Term Disability Benefits are based on wage rates in effect prior to December 31July 1, 20101992, shall be increased by $50.00 per month, not to exceed the plan maximum of $2,550 2,500 per month.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

Long Term Disability Benefit. The Commission agrees parties agree to provide all employees on Long Term Disability, benefits Benefits in accordance with the Letter of Understanding dated September Sep- tember 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, 20112001. 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.

Appears in 2 contracts

Samples: Agreement, Agreement

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, 1998 the disability benefit to recipients whose Long Term Disability Benefits are based on wage rates in effect prior to December 31July I, 20101992, shall be increased by $50.00 per month, not to exceed the plan maximum of $2,550 per month.

Appears in 1 contract

Samples: Agreement

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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, 1998 the disability benefit to recipients whose Long Term Disability Benefits are based on wage rates in effect prior to December 31July 1, 20101992, shall be increased by $50.00 per month, not to exceed ex- ceed the plan maximum of $2,550 2,500 per month.

Appears in 1 contract

Samples: Agreement

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