Group Income Protection. The school district will pay each month the premium for income protection insurance for each eligible employee. The income protection plan shall include the following:
Group Income Protection. The School District will pay each month 100 percent of the current premium for income protection insurance for each full-time health associate. The income protection plan shall include the following:
Group Income Protection. The school district will pay each month 100 percent of the current premium for income protection insurance for each full-time interpreter. The income protection plan shall include the following:
Group Income Protection. If the Executive is unable by reason of illness or injury, to perform the material or substantial parts of his duties hereunder, following a period of absence from work in excess of 26 consecutive weeks, the Executive will be eligible to be considered for a monthly payment equivalent to 50 per cent of monthly Basic Salary. In the event of such payment, the pension allowance will continue to be payable, subject to a cap of 35 per cent. of the Executive’s annual Salary.
Group Income Protection. The District shall pay a sum not to exceed five hundred dollars and no cents ($500.00) each year toward the cost of group income protection insurance according to the stipulations of the carrier.
Group Income Protection. The School District will pay the premium for long term disability insurance for all eligible employees. The insurance plan shall provide a minimum income continuation benefit of 2/3 of annual wages.
Group Income Protection. The District will purchase long-term disability insurance for each eligible teacher as defined in Section 1. The income protection plan shall include the following benefits:
Group Income Protection. If the Appointee is unable by reason of illness or injury, to perform the material or substantial parts of his duties hereunder, following a period of absence from work in excess of 26 consecutive weeks, the Appointee will be eligible to be considered for a monthly payment equivalent to 50 per cent. of monthly Salary. In the event of such payment, the Appointee’s pension allowance at clause 3.2 will continue to be payable, at a rate of 35 per cent. of the Appointee’s annual Salary.
Group Income Protection. 13.4.1 You are entitled to participate in the Group Income Protection Plan (the "Plan") subject to the rules of the Plan as amended from time to time, the rules or insurance policy of the relevant Plan provider as amended from time to time, and you satisfying the normal underwriting requirements of the relevant Plan provider and the premium being at a rate which the Company considers reasonable.
