Canada Pension Plan Disability Benefits Sample Clauses

Canada Pension Plan Disability Benefits. The Canada Pension Plan (CPP) provides taxable disability benefits to CPP contributors who are unable to work due to a severe and prolonged disability regardless of the existence of sick leave benefits provided by their employer. Members shall not receive combined salary and CPP disability benefits in excess of one hundred percent (100%) of salary from the two (2) sources for the same absence from work. A Member who qualifies for CPP disability benefits shall either: (a) continue to receive his/her salary from the Employer, as if on sick leave, and reimburse the Employer for the CPP disability benefits offset against the Member’s salary; or (b) receive disability benefits from CPP, and the Employer will pay to the Member a top- up sick leave benefit equal to the difference between the Member’s sick leave salary for the period of absence from work due to the illness or injury and the CPP disability benefits. For purposes of the Agreement, the Member shall be considered on sick leave for the duration of the entitlement, which can be comprised of CPP disability benefits or sick leave entitlements or a combination of the two up to a maximum of one hundred eighty (180) calendar days, after which the provisions of the Long Term Disability Plan shall apply. Pension contributions and benefit premiums shall be continued based on the Member’s regular base salary while on sick leave.
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Canada Pension Plan Disability Benefits. The Canada Pension Plan (“CPP”) Disability Benefits provide a monthly benefit to individuals who are unable to work because of a disability. If approved by Service Canada, CPP Disability Benefits commence four (4) months after the date Service Canada finds the Member to be disabled under the CPP rules. CPP Disability Benefits are payable regardless of the existence of sick leave benefits provided by employers. Members should not receive combined salary and wage loss benefits from more than one source in excess of 100% of salary for the same absence from work. A Member who qualifies for CPP Disability Benefits shall provide the Employer with a copy of their CPP Disability Benefits Notice of Entitlement and shall reimburse the Employer an amount equal to CPP Disability Benefits received by the Member for any period of time during which the Member was in receipt of sick leave benefits from the Employer, such that the combined salary and wage loss benefits from all sources received by the Member during the period of receipt of sick leave benefits does not exceed one hundred percent (100%) of the Member’s salary.
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Canada Pension Plan Disability Benefits. 86 Holidays .................................................................................................................. 87 Vacations ................................................................................................................ 87 27 Reduced Appointment for Full-Time Members………………………………………………….. 88 28 Salaries……………………………………………………………………………………………… . 90 Base Salary Rate .................................................................................................... 90
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Canada Pension Plan Disability Benefits. In the event an Employee receives disability benefits under the Canada Pension Plan, remaining accrued sick leave credits shall be pro-rationed to supplement such benefits to the total amount entitled to under this Article. Such supplement shall continue until the total accrued sick leave credits are exhausted or until the Employee returns to work, whichever occurs first.
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Canada Pension Plan Disability Benefits. The sick leave credits of an employee receiving disability benefits under the Canada Pension Plan shall be prorated to supplement those benefits up to the amount of entitlement under regular sick leave credits. This supplement shall continue until accrued sick leave credits are exhausted or until the employee returns to work, whichever occurs first. Benefit Statement The Company shall furnish a statement of sick leave credits to each permanent employee on an annual Statement of Benefits. Companies Acquired by SaskEnergy Employees who are on the staff of other companies taken over by SaskEnergy, shall be entitled to have their service with such companies, up to a period of ten (10) years, calculated as if it had been service with SaskEnergy, unless undertakings more favorable to the employees had been agreed to by their previous employer. Employees so entitled by virtue of this Article shall be credited with two (2) weeks sick leave for each year of service with such companies.
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Related to Canada Pension Plan Disability Benefits

  • Disability Benefit If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.

  • Long Term Disability Benefit In the event an employee, while covered under this Plan, becomes totally disabled as a result of an accident or a sickness, then, after the employee has been totally disabled for seven (7) months, including periods approved in Sections 1.3(a) and (c), he/she shall be eligible to receive a monthly benefit as follows: (a) while the employee has a time bank balance to be used on a day-for-day basis, full monthly earnings will continue until the time bank is exhausted, and Section 2.6 will not apply; (b) effective March 1, 2001, when an employee has no time bank, or after it is exhausted, the employee shall receive a monthly benefit equal to the sum of: (1) seventy-five percent (75%) of monthly earnings; (2) annual cost-of-living adjustment of the benefit equal to the consumer price index to a maximum of two percent (2%); (3) for the purpose of the above, earnings shall mean basic monthly earnings of the employee's classification. The date of disability for determining the commencement of the first two (2) years of disability shall be the day following the last month of the Short Term Plan period, or an equivalent seven (7) month period. (c) The Long Term Disability benefit payment will be made as long as an employee remains totally disabled in accordance with Section 2.3, and will cease on the date the employee recovers, or at the end of the month in which the employee reaches age sixty-five (65), or resigns or dies, whichever occurs first. (d) An employee in receipt of long term disability benefits will be considered an employee for purposes of pension and will continue to be covered by group life, extended health, dental and medical plans. Employees will not be covered by any other portion of a collective agreement but will retain the right of access to rehabilitative employment as per Article 12.1 and will retain seniority rights should they return to employment within six (6) months following cessation of benefits. (e) When an employee is in receipt of the benefit described in (b) above, contributions required for benefit plans in (d) above and contributions for pension plan will be waived by the Employer. (f) An employee engaged in rehabilitative employment with the Employer and who is receiving partial Long Term Disability benefit payments will have contributions required for benefit plans in (d) above and contributions for pension waived by the Employer, except that pension contributions shall be deducted from any salary received from the Employer to cover the period of rehabilitative employment.

  • Disability Benefits Technology Errors and Omissions Not less than $1,000,000 each claim Not less than $2,000,000 in aggregate At the time of the first transaction with an Authorized User and updated in accordance with Contract Crime Insurance Not less than $50,000 Commercial General Liability Not less than $5,000,000 each occurrence Updated in accordance with Contract General Aggregate $2,000,000 Products – Completed Operations Aggregate $2,000,000 Personal and Advertising Injury $1,000,000 Business Automobile Liability Insurance Not less than $5,000,000 each occurrence

  • Long Term Disability Benefits A benefit level of seventy percent (70%) of monthly earnings shall apply. Benefits would commence after a waiting period of seventeen (17) weeks, when Short Term Disability Benefits terminate. Terms of the Master Policy with the Insurance Company shall apply. In order to go on LTD, the person must: (a) Be off work for seventeen (17) consecutive weeks with the same or unrelated illness or injury. (b) Be off work for a total of seventeen (17) weeks with the same illness or injury providing that the return to work was less than twenty (20) consecutive days.

  • Short Term Disability Benefits The Board shall provide short-term disability benefits as set forth in the short term disability summary plan description. 1. Rate of Benefits and Waiting Period Short term disability benefits for disabilities resulting from non-occupational illness or injury, shall be paid at the rate of 70% of the employee’s regular rate subject to all applicable deductions. Following the exhaustion of temporary leave, there is a five (5) day waiting period before short term disability benefits begin. The five (5) day waiting period will be waived for absences greater than thirty (30) consecutive calendar days and short term disability payments shall be paid retroactively. (See also Temporary Leave.)

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one)

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Normal Retirement Benefit Upon Termination of Employment on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Agreement.

  • Supplemental Retirement Benefits The terms and conditions for the payment of supplemental retirement benefits are set forth in a separate written agreement between the parties.

  • 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.

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