Income Disability Insurance. The School Board agrees to pay for each employee working full time $300 or the full premium, whichever is less, for an income disability insurance policy.
Income Disability Insurance. All administrators will have provided to them an income disability policy equivalent to the policy in existence before the entry of this Contract. The Administrator will pay five (5%) of the cost of said policy. To be entitled to this benefit, the Administrator must have served in an administrative position at the School for five (5) years. This qualification shall not apply to an Administrator hired before July 1, 2000.
Income Disability Insurance. Covers loss of time due to accident or illness will be made available to all administrators. The benefit will be equal to 66 % of the administrator's salary after a qualifying period of 120 calendar days. Compensable loss will be reduced by payments under Workers Compensation, Social Security, or any other disability income plan or retirement program. The administrator pays premium.
Income Disability Insurance. The District shall provide income disability insurance for each unit member working at least six (6) hours per day.
Income Disability Insurance. Also known as Long Term Disability coverage, the benefit covers loss of time due to accident or illness and will be made available to all administrators who qualify for such benefit. The benefit will be equal to 66 % of the administrator's salary after a qualifying period of 120 calendar days. Compensable loss will be reduced by payments under Workers Compensation, Social Security, or any other disability income plan or retirement program. The administrator pays premium.
