Employee Paid Disability Coverage and Premiums Sample Clauses

Employee Paid Disability Coverage and Premiums. Coverage may include an employee paid long term disability insurance plan. The premiums for disability insurance will be deducted by the Employer from each employee’s pay and remitted on the employee’s behalf to the Union in accordance with the above Remittances to the Union article and the Union’s dues and remittance directive. The premium amount is deducted from each employee’s first cheque each month in an amount indicated by the Union for the cost of the coverage. Participation in the disability insurance coverage and in the payroll deduction is mandatory and begins upon hire. The Employer shall cease making payroll deductions to pay for the disability benefit(s) six (6) months after the employee turns sixty-four (64) years of age.
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Employee Paid Disability Coverage and Premiums. The Employer will deduct from each employee’s cheque, the amount directed by the Union to implement the Union’s Long Term Disability insurance program. This deduction is currently thirty-five cents ($0.35) per hour. Participation in the Plan and in the payroll deduction is mandatory and begins upon hire. The Employer shall cease making payroll deductions to pay for the disability benefit six (6) months after the employee turns sixty-four (64) years of age.
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Employee Paid Disability Coverage and Premiums. Coverage will include an employee paid long term disability insurance plan. The premiums for disability insurance will be deducted by the Employer from each employee’s pay and remitted on the employee’s behalf to the Union in accordance with the above Remittances to the Union article and the Union’s dues and remittance directive. The monthly premium amount shall be divided into smaller installments of equal amount. An installment shall be deducted from the pay from each employee’s pay cheque during the month. The full monthly premium is an amount indicated by the Union for the cost of the coverage. Participation in the disability insurance coverage and in the payroll deduction is mandatory and begins upon the completion of six (6) months. The Employer shall cease making payroll deductions to pay for the disability benefit(s) six (6) months after the employee turns sixty- four (64) years of age.
Sample 1
Employee Paid Disability Coverage and Premiums. Coverage will include an employee paid short term disability insurance plan. The premiums for disability insurance will be deducted by the Employer from each employee’s pay and remitted on the employee’s behalf to the Union in accordance with the above Remittances to the Union article and the Union’s dues and remittance directive. The premium amount is deducted from each employee’s first cheque each month in an amount indicated by the Union for the cost of the coverage. Participation in the disability insurance coverage and in the payroll deduction is mandatory and begins upon hire.
Sample 1
Employee Paid Disability Coverage and Premiums. Coverage will include an employee paid long term disability insurance plan. The premiums for disability insurance will be deducted by the Employer from each employee’s pay and remitted on the employee’s behalf to the Union in accordance with the above Remittances to the Union article and the Union’s dues and remittance directive. The premium amount will be split amongst the monthly pay dates evenly and will be deducted from each pay. The total premium amount will be sent in along with the remittances to the Union in a manner consistent with Article 7. The Union will notify the Employer of the monthly premium amount. If an individual is no longer employed by the Employer part way through a month, the Employer has the right to deduct the remaining LTD premium amount from their last pay cheque. Participation in the disability insurance coverage and in the payroll deduction is mandatory and begins upon hire. The Employer shall cease making payroll deductions to pay for the disability benefit(s) six (6) months after the employee turns sixty-four (64) years of age.
Sample 1
Employee Paid Disability Coverage and Premiums. The Benefit Plan will include an employee paid disability insurance plan. The premiums for this disability insurance will be deducted by the Employer from each employee’s pay and remitted on the employee’s behalf to the Union in accordance with the above Remittance Article and the Union’s dues and remittance directive. The premium amount is deducted from each employee’s first cheque each month in an amount indicated by the Union for the cost of the coverage. Participation in the Plan and in the payroll deduction is mandatory and begins upon hire. The Employer shall cease making payroll deductions to pay for the disability benefit six (6) months after the employee turns sixty-four (64) years of age.
Sample 1

Related to Employee Paid Disability Coverage and Premiums

  • Optional Life and Disability Coverages In order for coverage to become effective, the employee must be in active payroll status and not using sick leave on the first day following approval by the insurance company. If it is an open enrollment period, coverage may be applied for but will not become effective until the first day of the employee's return to work.

  • Long-term Disability Coverage New employees may enroll in long-term disability insurance by their initial effective date of coverage. Employees who become eligible for insurance may enroll in long-term disability insurance within thirty (30) days of their initial effective date as defined in this Article, Section 5C. An employee who is insurance eligible and moves from a temporary position to a permanent position will be allowed to enroll in long-term disability coverage within thirty (30) days of the event without providing evidence of insurability. The terms are the same as for employees who wish to add/increase during the annual open enrollment. During open enrollment only, an employee may purchase long-term disability coverage that provides benefits of from three hundred dollars ($300) to seven thousand dollars ($7,000) per month, based on the employee's salary, commencing on the 181st calendar day of total disability, and not subject to evidence of insurability but with a limited term pre-existing condition exclusion. Employees should be aware that other wage replacement benefits, as described in the certificate of coverage (i.e., Social Security Disability, Minnesota State Retirement Disability, etc.), may result in a reduction of the monthly benefit levels purchased. In any event, the minimum is the greater of three hundred dollars ($300) or fifteen (15) percent of the amount purchased. The minimum benefit will not be reduced by any other wage replacement benefit. In the event that the employee becomes totally disabled before age seventy (70), the premiums on this benefit shall be waived.

  • Disability Coverage In the event a State employee goes on an extended medical disability, or is receiving Workers’ Compensation benefits, the Employer-policyholder shall continue at no cost to the employee the coverage of the group life insurance for such employee for the period of such extended leave, but not beyond two (2) years.

  • Disability Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Basic Life and Accidental Death and Dismemberment Coverage The Employer agrees to provide and pay for the following term life coverage and accidental death and dismemberment coverage for all supervisors eligible for an Employer Contribution, as described in Section 3. Any premium paid by the State in excess of fifty thousand dollars ($50,000) coverage is subject to a tax liability in accord with Internal Revenue Service regulations. A supervisor may decline coverage in excess of fifty thousand dollars ($50,000) by filing a waiver in accord with Minnesota Management & Budget procedures. The basic life insurance policy will include an accelerated benefits agreement providing for payment of benefits prior to death if the insured has a terminal condition. Supervisors’ Annual Base Salary Group Life Insurance Coverage Accidental Death and Dismemberment Principal Sum $10,000 - $15,000 $15,000 $15,000 $15,001 - $20,000 $20,000 $20,000 $20,001 - $25,000 $25,000 $25,000 $25,001 - $30,000 $30,000 $30,000 $30,001 - $35,000 $35,000 $35,000 $35,001 - $40,000 $40,000 $40,000 $40,001 - $45,000 $45,000 $45,000 $45,001 - $50,000 $50,000 $50,000 $50,001 - $55,000 $55,000 $55,000 $55,001 - $60,000 $60,000 $60,000 $60,001 - $65,000 $65,000 $65,000 $65,001 - $70,000 $70,000 $70,000 $70,001 - $75,000 $75,000 $75,000 $75,001 - $80,000 $80,000 $80,000 $80,001 - $85,000 $85,000 $85,000 $85,001 - $90,000 $90,000 $90,000 Over $90,000 $95,000 $95,000

  • Short-term Disability Coverage Days Payable at 90% Wages Permanent Employees Subject to paragraphs d), e) and f) below, permanent Employees will be allocated one hundred and twenty (120) short-term disability days at the start of each fiscal year or the first day of employment. Permanent Employees eligible to access short-term disability coverage shall receive payment equivalent to ninety percent (90%) of regular wages.

  • SICK LEAVE AND LONG-TERM DISABILITY (Articles 12.01 to 12.11 apply to full-time nurses only)

  • Long Term Disability Insurance 250. The City, at its own cost, shall provide to employees a Long Term Disability (LTD) benefit that provides, after a one hundred and eighty (180) day elimination period, sixty percent salary (60%) (subject to integration) up to age sixty-five (65). Employees who are receiving or who are eligible to receive LTD shall be eligible to participate in the City's Catastrophic Illness Program as set forth in the ordinance governing such program.

  • Life Insurance Upon Retirement 34.1 An employee who retires from the service of the Corporation subsequent to August 1, 2001, will, provided he is 55 years of age or over and has not less than 10 years' cumulative compensated service, be entitled to the sum of $8,000.00, payable to his estate upon his death.

  • State Disability Insurance (“SDI”) 215. Employees in the bargaining unit(s) covered by this agreement shall be enrolled in the State Disability Insurance Program. The cost of SDI will be paid by the employee through payroll deduction at a rate established by the State of California Employment Development Department.

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