Long-Term Disability Income Protection. The School District will pay the full premium for teacher coverage in the existing long-term disability income protection plan of the School District for teachers who qualify for and enroll in such coverage. This coverage will apply to the base annual salary. See MOU Long-Term Disability Coverage for Mental Health & Chemical Dependency.
Long-Term Disability Income Protection. The Board shall provide this insurance plan at no cost to the employee. The maximum monthly benefit for qualified teachers shall be equal to two-thirds of current annual salary not including extra services compensation.
Long-Term Disability Income Protection. 22.1. Effective the first day of the month following the date of hire, an Employee shall be eligible for long-term income protection to age 70 for disability
Long-Term Disability Income Protection. The School District will pay the full premium per year for employee coverage in the existing long-term disability income protection plan of the School District for all eligible employees who qualify for and enroll in such coverage. Eligible employees will include any employee who is scheduled to work 32 hours or more per week. This coverage will apply to base annual salary. See LTD MOU.
Long-Term Disability Income Protection. The School Board shall pay $5.64 per year per $1,000 coverage toward the premium for employee coverage in the existing long-term disability income protection plan of the School Board for all full-time employees employed by the School Board who qualify for and enroll in such coverage. This coverage shall apply to base annual salary.
Long-Term Disability Income Protection. The School Board shall pay the full premium in the existing long-term disability income protection plan of the School Board for all Principals employed by the School Board who qualify for and enroll in such coverage. This coverage shall apply to total annual salary. Principals who have qualified for long term disability insurance and who previously qualified for the District's health and hospitalization insurance benefits shall have these benefits maintained for a period of one (1) year from the date of disability. Thereafter, these benefits will be available to the Principal at their expense. See MOU Long-Term Disability Coverage for Mental Health & Chemical Dependency.
Long-Term Disability Income Protection. All wages shall be paid by the Board during the qualifying period of twenty-six (26) weeks; thereafter all benefits of the long-term disability insurance will provide a long-term disability plan that provides for 70% of the monthly income replacement as per the Terms and Conditions of the employer’s contract with the carrier.
Long-Term Disability Income Protection. The School District will pay the full premium in the existing long-term disability income protection plan of the School Board for employees who qualify for and enroll in such coverage. This coverage will apply to total annual salary. Employees who have qualified for long term disability insurance and who previously qualified for the School District's health and hospitalization insurance benefits will have these benefits maintained for a period of one (1) year from the date of disability. Thereafter, these benefits will be available to the employee at their expense.
Long-Term Disability Income Protection. In the event the Executive becomes disabled, the Corporation will continue to compensate the Executive at a rate equal to 70% of the Executive's salary at the time of the disability and most recent bonus received prior to the disability for the duration of the disability period or age 65, whichever occurs first. The corporation may choose to secure insurance policies for this obligation and the Executive will submit to any examinations required to secure such insurance coverage.
Long-Term Disability Income Protection. Long-term disability income protection will be provided to those employees that work 20 (twenty) hours or more per week.
