Disability Pension Scheme for the Publishing Sample Clauses

Disability Pension Scheme for the Publishing. Industry Article
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs
Disability Pension Scheme for the Publishing. Industry from 1 January 2019 1. The Disability Insurance Scheme for the Publishing Industry applies to all employees. Details of this scheme can be found in ‘Regulations of the Foundation for the Disability Pension Scheme for the Publishing Industry with effect from 01 January 2019’ (Annex 4 to this collective labour agreement). The administration of the scheme has been assigned to Stichting Arbeidsongeschiktheidsvoorziening UB (‘Foundation for the Disability Pension Scheme for the Publishing Industry’) in Amsterdam. 2. In the event of partial occupational disability (35-80%), employees who are entitled to benefits under the Return to Work (Partially Disabled Persons) Regulations (WGA) will, after the start date of these WGA benefits, be entitled to supplementation up to 70% of the capped monthly salary they last earned when the occupational disability started, until they reach the statutory retirement age. If the activities carried out by these employees are such that they can sufficiently utilise their remaining earning capacity (i.e. for at least 50%), the employees will, after the start date of these WGA benefits, be entitled to supplementation up to 75% of the capped monthly salary they last earned when the occupational disability started, until they reach the statutory retirement age. 3. Supplements to the WGA benefits as referred to in article 8.3 paragraph 2 are indexed on 1 January of every year, taking into consideration the applicable general changes to benefits under the Dutch Work and Income (Ability to Work) Act (WIA), capped at 3% annually. The participant is entitled to the supplement(s) for as long as they are entitled to statutory WGA benefits. 4. The contribution is set by the parties to the collective labour agreement every year, upon having been advised by the Board of the Foundation for the Disability Pension Scheme for the Publishing Industry. The contribution is payable by the employee and amounts to 0.352% of the capped wage from 1 January 2022 (in accordance with the uniform wage definition), as it is declared for wage tax purposes.
Sample 1Sample 2
Disability Pension Scheme for the Publishing. Industry from 1 January 2019 1. The Disability Insurance Scheme for the Publishing Industry applies to all employees. Details of this scheme can be 2. In the event of partial occupational disability (35-80%), employees who are entitled to benefits under the Return to Work (Partially Disabled Persons) Regulations (WGA) will, after the start date of these WGA benefits, be entitled to supplementation up to 70% of the capped monthly salary they last earned when the occupational disability started, until they reach the statutory retirement age, which has been capped at 68. If the activities carried out by these employees are such that they can sufficiently utilise their remaining earning capacity (i.e. for at least 50%), the employees will, after the start date of these WGA benefits, be entitled to supplementation up to 75% of the capped monthly salary they last earned when the occupational disability started, until they reach the statutory retirement age, which has been capped at 68. 3. Supplements to the WGA benefits as referred to in article 8.3 paragraph 2 are indexed on 1 January of every year, taking into consideration the applicable general changes to benefits under the Dutch Work and Income (Ability to Work) Act (WIA), capped at 3% annually. The participant is entitled to the supplement(s) for as long as they are entitled to statutory WGA benefits. 4. The contribution is set by the parties to the collective labour agreement every year, upon having been advised by the Board of the Foundation for the Disability Pension Scheme for the Publishing Industry. The contribution is payable by the employee and amounts to 0.205% and 0.225% of the capped wage from 1 January 2019 and 1 January 2020 respectively (in accordance with the uniform wage definition), as it is declared for wage tax purposes.
Sample 1

Related to Disability Pension Scheme for the Publishing

  • 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.)

  • 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.

  • 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.

  • 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.

  • Short Term Disability Plan The administration of the Short Term Disability Plan and the payment of benefits under this Plan shall be handled by the Company.

  • Normal Retirement Age Normal Retirement Age shall mean the date on which the Executive attains age sixty-five (65).

  • 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

  • Order of Benefit Determination Rules When a Member is covered by two or more plans, the rules for determining the order of benefit payments are as follows:

  • Short-Term Leave and Disability Plan Top up i. Teachers accessing STLDP will have access to any unused Sick Leave Days from their last year worked for the purpose of topping up salary to one hundred percent (100%) under the STLDP. ii. This top-up is calculated as follows: Eleven (11) days less the number of sick leave days used in the most recent year worked. iii. Each top-up from ninety percent (90%) to one hundred percent (100%) requires the corresponding fraction of a day available for top- up. iv. In addition to the top-up bank, top-up for compassionate reasons may be considered at the discretion of the board on a case by case basis. The top-up will not exceed two (2) days and is dependent on having two (2) unused Short Term Paid Leave Days in the current year. These days can be used to top-up salary under the STLDP. v. When Teachers use any part of an STLDP day they may access their top up bank to top up their salary to one hundred percent (100%).

  • Life and Disability Insurance The Company will provide term life and disability insurance payable to the Employee, in each case in an amount up to a maximum of one times the Employee’s base salary in effect from time to time, provided however, that such amount will be reduced by the amount of any life insurance or death or disability benefit coverage, as applicable, that is provided to the Employee under any other benefit plans or arrangements of the Company. Such policies will be in accordance with the Company’s standard policies from time to time with respect to such insurance and the rules established for individual participation in such plans and under applicable law.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!