Group Long Term Disability. During the term of this Agreement, EMPLOYER shall furnish EMPLOYEE with Group Term Disability insurance in accordance with EMPLOYER's then existing policy. The maximum insurance benefit to be paid EMPLOYEE shall be sixty percent (60%) of EMPLOYEE's annual salary to be paid for the duration of EMPLOYEE's permanent disability.
Group Long Term Disability. The Employer agrees to pay one-half (½) of the premium of each Employee covered by the Group Long Term Disability Plan(s). Participation in the Long Term Disability Plan(s) is mandatory for eligible Employees.
Group Long Term Disability. Subject to the terms and conditions of enrolment, full-time Employees and eligible regular part-time Employees shall enrol in the Group Long Term Disability Insurance Plan. The Hospital will pay seventy-five percent (75%) of the billed premium towards coverage of eligible Employees under the long term disability plan, Employees shall pay the balance of the billed premiums through payroll deductions.
Group Long Term Disability. A. A Long Term Disability plan will provide 60% per month of salary integrated with primary Social Security, to a maximum of $6,000 per month, after a designated waiting period, until age 65.
Group Long Term Disability. Employees’ shall be entitled to Long Term Disability Insurance for injury or sickness to begin on the later of: (a) the date all accrued sick leave has been used; or (b) one hundred eighty (180) days. Benefit Percent 60% of current salary Maximum Monthly Benefit $5,000 The Town will assume the full cost of this plan.
Group Long Term Disability. The Board shall provide all administrators with long-term disability insurance. Gross Monthly Indemnity = 66 2/3% of the insured’s basic monthly salary – monthly salary calculation maximum of $12,000 – with a maximum monthly disability income benefit limit of $8,000. Elimination Period - Sixty (60) calendar days or accumulated sick leave, whichever is greater. The Board agrees to protect administrators covered under these conditions of employment for the sixty (60) calendar day elimination period prior to LTD, if approved for LTD, when they have exhausted their sick days by granting said administrator enough additional sick days to cover the elimination period. Maximum Income Period - for total disability due to accidental injury to insured’s age sixty-five (65).** Survivor benefits: If the insured employee is eligible to receive Long-Term Disability benefits under this plan and subsequently dies, benefits shall continue to be paid to the deceased employee’s eligible survivor for a period not to exceed six (6) months. The survivor benefit will equal 66 2/3% of the benefit otherwise payable to the employee before any reduction due to other benefits as described in the Monthly Benefit Section. *During the two-year probationary period, this benefit is given at the discretion of the superintendent. The Maximum Income Period will not be less than twelve (12) months. Insurance will terminate the date of cessation of active membership as an employee in an eligible class.
Group Long Term Disability. The District shall provide a group long-term disability program, which provides benefits to supervisory employees after accidents or illnesses. The District shall pay the full premium for this coverage.
Group Long Term Disability. (1) To provide a monthly benefit of $1,000 for regular employees whose disability commenced on, before or after the date of ratification of this agreement.
Group Long Term Disability. Participation in the Madison Town/Board of Education Long Term Disability Plan.
Group Long Term Disability. 4. Medical The unspent balance from above will be pooled on an FTE basis among eligible employees for payment of approved insurance premiums listed above. Other insurance plans available through the District will not be eligible for inclusion in the pool. If the District insurance contribution, including any contribution from the pool, is insufficient to pay the cost of an employee’s insurance premiums, a salary deduction will be made to cover the difference. Beginning January 1, 2020, the terms of the insurance offered to employees shall be governed by the SEBB.
