Common use of Disability Income Insurance Clause in Contracts

Disability Income Insurance. The EMPLOYER agrees to provide each full-time employee with a disability income insurance plan to provide benefits up to 60% of the employee’s gross income per month, not to exceed $1,000 per month, for a period of two years in the event of illness or injury beginning on the 31st day of disability. The disability income will be offset by benefits received from sick leave benefits, workers' compensation insurance, social security disability, or disability income from the Public School Employees' Retirement System.

Appears in 6 contracts

Samples: Agreement, Agreement, Agreement

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Disability Income Insurance. The EMPLOYER agrees to provide each full-time employee with a disability income insurance plan to provide benefits up to 60% of the employee’s gross income per month, not to exceed $1,000 per month, for a period of two years in the event of illness or injury beginning on the 31st day of disability. The disability income will be offset by benefits received from sick leave benefits, workers' compensation insurance, social security disability, or disability income from the Public School EmployeesEmployes' Retirement SystemSystem (PSERS).

Appears in 1 contract

Samples: Agreement

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Disability Income Insurance. The EMPLOYER Employer agrees to provide each full-full- time employee with in the Union, a disability income insurance plan to provide benefits up to 60% of the employee’s employees( gross income per month, not to exceed $1,000 800.00 per month, for a period of two years in the event of illness or injury sickness and five years in the event of accident beginning on the 31st day of disability. The disability income will be offset by benefits received from sick leave benefits, workers' workers compensation insurance, social security disability, disability or disability income from the Public School Employees' Employees Retirement System.

Appears in 1 contract

Samples: Agreement

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