Benefit Payment Period Sample Clauses

Benefit Payment Period. An eligible employee shall be entitled to the benefits of this short-term disability leave for a maximum of three (3) months. After an employee's benefits pursuant to this section have been exhausted, the employee may continue to exhaust his/her accumulated sick, vacation, holiday or other time which he/she had accumulated before receiving benefits pursuant to this section. An employee granted a disability retirement by the City's Retirement Board may not receive benefits under this section after the date of the disability retirement.
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Benefit Payment Period. 44 Benefits begin after a waiting period of 7 consecutive days and continue while you are totally disabled, 45 through the 26th week of disability. Benefits stop when you no longer are disabled, at the end of your 46 maximum benefit period, or when you die. 47
Benefit Payment Period. An employee will be eligible for a first income payment from the plan after having been totally disabled throughout the qualifying period of one hundred and four (104) days. Payments will be made at the end of each calendar month. If after a period of disability during which benefits are received from this plan, an employee returns to work on a full-time and full-pay basis and then again becomes totally disabled, by the same cause, within six (6) months of returning to work, the later period of disability will be considered as a continuation of the previous period of disability. If, however, a subsequent disability occurs which is unrelated to the previous disability a new period of disability will be established requiring a one hundred and four (104) day qualifying period. The benefit is payable each month for as long as total disability lasts, but not beyond age sixty-five (65). If this insurance terminates -- for any reason -- while an employee is totally disabled, eligibility for income benefits will continue. During the first two (2) years of benefit payments, total disability is defined as an employee's inability, because of sickness or bodily injury which requires the regular and personal attendance of a physician, to perform the duties of his/her occupation. After having received benefits for two (2) years a total disability is defined as the inability to perform any duties of any occupation for which an employee is reasonably qualified by education, training or experience. Proof that an employee continues to be totally disabled will be required at reasonable intervals by the Insurance Company. If an employee fails to furnish such proof, or if an employee refuses to be examined by a physician, an employee will no longer be considered to be totally disabled.

Related to Benefit Payment Period

  • Benefit Payments Benefit Payments, as referred to in this Agreement, means the sum of (i) Claims, as described in Xxxxxxxxx 0 xxxxx, (xx) Cash Surrender Values, as described in Paragraph 3 below, and (iii) Annuity Payments, as described in Paragraph 7 below.

  • Payment Period Whenever a payment under this Agreement specifies a payment period with reference to a number of days, the actual date of payment within the specified period shall be within the sole discretion of Company.

  • Benefit Period Following the Qualifying Period you will receive a monthly income until the earlier of: (i) Attainment of age 65 (ii) Cessation of total disability (iii) Attainment of date of retirement

  • Severance Period For purposes of this Agreement, “Severance Period” means the period of time commencing immediately after Executive’s separation of service from the Company through the date that is six (6) months following such separation date, plus an additional two (2) months for every fully completed Year of Service; provided, however, that in all cases the Severance Period will end no later than on the twelve (12)-month anniversary of the date of Executive’s termination of employment.

  • Tax Benefit Payments Section 3.1 Payments 12 Section 3.2 No Duplicative Payments 13

  • Public Benefit It is Reaction Retail’s understanding that the commitments it has agreed to herein, and actions to be taken by Reaction Retail under this Settlement Agreement, would confer a significant benefit to the general public, as set forth in Code of Civil Procedure § 1021.5 and Cal. Admin. Code tit. 11, § 3201. As such, it is the intent of Reaction Retail that to the extent any other private party initiates an action alleging a violation of Proposition 65 with respect to Reaction Retail’s failure to provide a warning concerning exposure to DEHP prior to use of the Products it has manufactured, distributed, sold, or offered for sale in California, or will manufacture, distribute, sell, or offer for sale in California, such private party action would not confer a significant benefit on the general public as to those Products addressed in this Settlement Agreement, provided that Reaction Retail is in material compliance with this Settlement Agreement.

  • Accrued Benefit 1.05 1.16 Nonforfeitable ............................................. 1.05 1.17 Plan Year/Limitation Year .................................. 1.05 1.18 Effective Date ............................................. 1.05 1.19 Plan Entry Date ............................................ 1.05 1.20

  • Change of Control Benefit Upon a Change of Control, the Company shall pay to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Agreement.

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

  • Early Retirement Benefit Upon Termination of Service prior to the Normal Retirement Age for reasons other than death, Change of Control or Disability, the Company shall pay to the Director the benefit described in this Section 4.2 in lieu of any other benefit under this Agreement.

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