Common use of Amount of Benefits Clause in Contracts

Amount of Benefits. All employees who are actively at work on the effective date of the plan or any amendments thereto shall be provided with LTD benefits equal to fifty percent (50%) of regular straight time (Schedule “A”) hourly rate multiplied by 2,080 and divided by twelve (12) up to a maximum monthly payment of thirty- five hundred dollars ($3500.00) The amount of benefits shall be reduced by any primary payments made under any Government disability plan, Workers' Compensation, or any other non-private disability income plans, such that disability benefits from all sources shall not exceed eighty-five percent (85%) of an employee’s regular straight time (Schedule “A”) hourly rate. The amount of benefit shall not be reduced by Disability Pension payments under War Veterans' or Workers' Compensation if the disability is unrelated. Employees should refer to the plan booklet for exclusions and other details.

Amount of Benefits. All employees who are actively at work on the effective date of the plan or any amendments thereto shall be provided with LTD benefits equal to fifty percent (50%) of regular straight time (Schedule “A”) ” hourly rate multiplied by 2,080 two thousand and eighty (2080) and divided by twelve (12) up to a maximum monthly payment of thirty- three thousand and five hundred dollars ($3500.00) 3,500.00). The amount of benefits shall be reduced by any primary payments made under any Government disability plan, Workers' Compensation’ Safety and Insurance plan, or any other non-private disability income plans, such that disability benefits from all sources shall not exceed eighty-five percent (85%) of an employee’s regular straight time (Schedule “A”) ” hourly rate. The amount of benefit shall not be reduced by Disability Pension payments under War Veterans' ’ or Workers' Compensation ’ Safety and Insurance Act if the disability is unrelated. Employees should refer to the plan booklet for exclusions and other details.

Amount of Benefits. All employees who are actively at work on the effective date of the plan or any amendments thereto shall be provided with LTD benefits equal to fifty percent (50%) of regular straight time (Schedule “A”) hourly rate multiplied by 2,080 and divided by twelve (12) up to a maximum monthly payment of thirty- five twenty-four hundred dollars ($3500.00) 2,400.00). The amount of benefits shall be reduced by any primary payments made under any Government disability plan, Workers' Compensation, or any other non-private disability income plans, such that disability benefits from all sources shall not exceed eighty-five percent (85%) of an employee’s regular straight time (Schedule “A”) hourly rate. The amount of benefit shall not be reduced by Disability Pension payments under War Veterans' or Workers' Compensation if the disability is unrelated. Employees should refer to the plan booklet for exclusions and other details.