AMOUNTS OF BENEFITS. 4.01 A participant may elect out of participation in the employer's medical insurance program and receive instead a payment of an amount per month negotiated. This benefit shall be paid from the general assets of the Employer. This benefit shall be payable only for those months in which the Participant would otherwise be eligible for 100% of the Employer-paid medical premium amount in the Employer's medical insurance program (solely on the basis of eligibility determined with respect to regularly scheduled hours of work under Article 17., B., 6.). The terms and conditions of the Medical Insurance Waiver Allowance Election Form are incorporated herein by reference.
AMOUNTS OF BENEFITS. 4.01 A participant may elect out of participation in the employer's medical insurance program and receive instead a payment of an amount per month as specified in attached Exhibit A. This benefit shall be paid from the general assets of the Employer. This benefit shall be payable only for those months in which the Participant would otherwise be eligible for Employer-paid participation in the Employer's medical insurance program. The terms and conditions of the Medical Insurance Waiver Allowance Election Form are incorporated herein by reference.
AMOUNTS OF BENEFITS. All employees who are actively at work on the effective date of the Plan or any amendments thereto shall be provided with a Long Term Disability Benefit equal to fifty percent (50%) of regular straight time (Schedule “A”) hourly rate multiplied by 2080 and divided by twelve (12) up to a maximum monthly payment of $3,500. 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 LTD benefit shall be increased throughout the year in correlation with increases in the Consumer Price Index as outlined in the plan documents. 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
AMOUNTS OF BENEFITS. (a) Employees hired before January 22, 2006 (not including PA1s)-
(b) For Employees hired on or after January 22, 2006 in the Journeypersons and PA2 classifications
(c) For MROs hired on or after January 22, 2006 and all PA1s
AMOUNTS OF BENEFITS. The amount of benefits shall be $200 per week. If the employee draws workers’ compensation benefits for the disability, the amount of the weekly benefits shall be reduced by the amount of the weekly worker’s compensation benefits.
AMOUNTS OF BENEFITS. (a) Benefits will be paid at the rate of 100% of the contract day rate for the disabled employee for a maximum of 26 weeks. Thereafter, if eligible, benefits will be paid to regular employees by the insurer with two or more years of continuous service at the rate of 60% of the contract day rate in effect on the last day of his/her 26th week of disability until age 65, and such benefits will be paid monthly.
(b) If an employee who is a contributory member of the Toronto Star Pension Plan is disabled and becomes entitled to benefits at the 60% rate in accordance with the foregoing paragraph and Long Term Disability Plan, payment representing that employee's contribution will be made by the Employer directly to the Toronto Star Pension Plan from the beginning of the Long Term Disability period which commences after the first 26 weeks of disability. The employee's rate of pay for pension plan purposes will be assumed to be the rate paid at the end of the initial 26 weeks' period of disability. Benefits in either period will be reduced by any amount paid under Workplace Safety & Insurance Board regulations. Effective January 1, 1990, employees who had five or more years of continuous service prior to going on Long Term Disability and who have been on Long Term Disability for a period of time in excess of three years shall be entitled to a special annual compensation adjustment on the follo wing basis: Three-quarters of 1% for each full percentage point of increase in the Canada C.P.I. for the 12 months previous (January to January comparison) to a maximum of 5% to be added to the difference between income received from a Canada Pension Plan and/or Workplace Safety & Insurance Board Disability pension (if any) and the amount of the insured benefit.
AMOUNTS OF BENEFITS. Benefits will be paid at the rate of 75% of the contract day rate for the disabled employee for a maximum of 26 weeks of absence, including any unpaid days of absence.
AMOUNTS OF BENEFITS. All employees who are actively at work on the effective date of the plan or any amendments thereto shall be provided with a Long Term Disability Benefit equal to fifty percent (50%) of regular straight time hourly rate multiplied by 2080 and divided by twelve (12) up to a maximum monthly payment of $3,000.00 The regular straight time hourly rate shall be the classified rate of the employee used to determine Weekly Indemnity benefits. 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. 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.
AMOUNTS OF BENEFITS. (a) Benefits will be paid at the rate of 100% of the contract day rate for the disabled employee for a maximum of 26 weeks. Thereafter, if eligible, benefits will be paid to regular employees by the insurer, with two or more years of continuous service at the rate of 60% of the contract day rate in effect on the last day of his/her 26th week of disability until age 65, and such benefits will be paid monthly.
(b) If an employee who is a contributory member of the Toronto Star Pension Plan is disabled and becomes entitled to benefits at the 60% rate in accordance with the foregoing paragraph and the Long Term Disability Plan, payment representing that employee’s contribution will be made by the Employer directly to the Toronto Star Pension Plan from the beginning of the Long Term Disability period which commences after the first twenty-six (26) weeks of disability. The employee’s rate of pay for pension plan purposes will be assumed to be the rate paid at the end of the initial twenty-six
AMOUNTS OF BENEFITS. Benefits will be paid at the rate of 100% of the contract rate for the disabled employee for a maximum of 26 weeks. Thereafter, if eligible, for employees with two or more years of continuous service, benefits will be paid monthly by the insurer at the rate of 60% of the current day rate in effect on the last day of his/her 26th week of disability until the age of 65. If an employee who is a contributory member of the Toronto Star Pension Plan is disabled and becomes entitled to benefits at the 60% rate in accordance with the foregoing paragraph, payments representing that employee's contribution will be made by the Employer directly to the Toronto Star Pension Plan from the beginning of the Long Term Disability period which commences after the first 26 weeks of disability. The employee's rate of pay for pension plan purposes will be assumed to be the rate paid at the end of the initial 26 weeks period of disability. Benefits in either period will be reduced by any amounts paid under Workplace Safety & Insurance Board' regulations. Effective January 1, 1990, employees who had five or more years of continuous service prior to going on Long Term Disability and who have been on Long Term Disability for a period of time in excess of three years shall be entitled to a special annual compensation adjustment on the following basis: Three-quarters of 1% for each full percentage point of increase in the Canada C.P.I. for the 12 months previous (January to January comparison) to a maximum of 5% to be added to the difference between income received from a Canada Pension Plan and/or Workplace Safety & Insurance Disability pension (if any) and the amount of the insured benefit.
