Common use of Income Protection Plan Clause in Contracts

Income Protection Plan. (A) The Board agrees to provide benefits in the amount of 60% of the employee’s regular salary for a period of two (2) years in the event of sickness, and five (5) years in the event of accident, beginning on the 61stday of disability, not to exceed $5,000 maximum per month. (B) Any benefits received under Section (A) above shall be integrated with sick leave, workers’ compensation, social security benefits, and disability benefits paid from the Public School Employees’ Retirement System; which benefits shall offset the income provided under this section of the contract. Employees shall be required to use all available sick leave before becoming eligible for income protection benefits. (C) The Board shall provide the necessary sick leave to cover those days wherein an employee’s sick leave has expired and the beginning date that the income protection plan would become effective. In those situations wherein an employee becomes disabled [for a period exceeding ten (10) consecutive working days] and does not have sufficient sick leave days accumulated to cover the absence, the Board will advance sick leave days until the disability income insurance benefits become payable (maternity leave is excluded from this benefit). The advanced sick leave days shall be paid back to the District as the employee again earns sick leave days. If an employee leaves the employment of the District and has not repaid all the advanced sick leave days then the amounts still due will be deducted from the employee’s final pay. (D) The Board agrees to continue paying for health insurance, as outlined in Article 37; and dental insurance, as outlined in Article 38 herein, while an employee is receiving benefits under the income protection plan. (E) The District will, at various times and through various media, keep employees informed regarding income protection coverage, procedures and issues.

Income Protection Plan. (A) The Board agrees to provide benefits in the amount of 60% of the employee’s regular salary for a period of two (2) years in the event of sickness, and five (5) years in the event of accident, beginning on the 61stday 61st day of disability, not to exceed $5,000 maximum per month. (B) Any benefits received under Section (A) above shall be integrated with sick leave, workers’ worker’s compensation, social security benefits, and disability benefits paid from the Public School EmployeesEmployes’ Retirement System; which benefits shall offset the income provided under this section of the contract. Employees shall be required to use all available sick leave before becoming eligible for income protection benefitsprotectionbenefits. (C) The Board shall provide the necessary sick leave to cover those days wherein an employee’s sick leave has expired and the beginning date that the income protection plan would become effective. In those situations wherein an employee becomes disabled [(for a period exceeding ten (10) consecutive working days] ) and does not have sufficient sick leave days accumulated to cover the absence, the Board will advance sick leave days until the disability income insurance benefits become payable (maternity leave is excluded from this benefit). The advanced sick leave days shall be paid back to the District as the employee again earns sick leave days. If an employee leaves the employment of the District and has not repaid all the advanced sick leave days then the amounts still due will be deducted from the employee’s final pay. (D) The Board agrees to continue paying for health insurance, as outlined in Article 3736; and dental insurance, as outlined in Article 38 37 herein, while an employee is receiving benefits under the income protection plan. (E) The District will, at various times and through various media, keep employees informed regarding income protection coverage, procedures and issues.

Income Protection Plan. (A) The Board agrees to provide benefits in the amount of 60% of the employee’s regular salary for a period of two (2) years years, in the event of sickness, and five (5) years years, in the event of accident, beginning on the 61stday 31st of disability, not to exceed $5,000 3,500 maximum per month. (B) Any benefits received under Section (A) above shall be integrated with sick leave, workers’ worker’s compensation, social security benefits, benefits and disability benefits paid from the Public School EmployeesEmployes’ Retirement System; which benefits shall offset the income provided under this section of the contract. Employees shall be required to use all available sick leave before becoming eligible for income protection benefits. (C) The Board shall provide the necessary sick leave to cover those days wherein an employee’s sick leave has expired and the beginning date that the income protection plan would become effective. In those situations wherein an employee becomes disabled [(for a period exceeding ten (10) consecutive working days] ) and does not have sufficient sick leave days accumulated to cover the absence, the Board will advance sick leave days until the disability income insurance benefits become payable (maternity leave is excluded from this benefit). The advanced sick leave days shall be paid back to the School District as the employee again earns sick leave days. If an employee leaves the employment of the School District and has not repaid all the advanced sick leave days then the amounts still due will be deducted from the employee’s final pay. (D) The Board agrees to continue paying for health insuranceHealth Insurance, as outlined in Article 3736; and dental insuranceDental Insurance, as outlined in Article 38 37 herein, while an employee is receiving benefits under the income protection protect plan. (E) The District district will, at various times and through various media, keep employees informed regarding income protection coverage, procedures and issues. Information will be conveyed during in-­‐service day programs, articles in the NIB, meetings with faculty representatives and information provided by the income protection insurance carrier.

Income Protection Plan. (A) The Board agrees to provide benefits in the amount of 60% of the employee’s regular salary for a period of two (2) years in the event of sickness, and five (5) years in the event of accident, beginning on the 61stday 61st day of disability, not to exceed $5,000 maximum per month. (B) Any benefits received under Section (A) above shall be integrated with sick leave, workers’ worker’s compensation, social security benefits, and disability benefits paid from the Public School Employees’ Retirement System; which benefits shall offset the income provided under this section of the contract. Employees shall be required to use all available sick leave before becoming eligible for income protection benefits. (C) The Board shall provide the necessary sick leave to cover those days wherein an employee’s sick leave has expired and the beginning date that the income protection plan would become effective. In those situations wherein an employee becomes disabled [(for a period exceeding ten (10) consecutive working days] ) and does not have sufficient sick leave days accumulated to cover the absence, the Board will advance sick leave days until the disability income insurance benefits become payable (maternity leave is excluded from this benefit). The advanced sick leave days shall be paid back to the District as the employee again earns sick leave days. If an employee leaves the employment of the District and has not repaid all the advanced sick leave days then the amounts still due will be deducted from the employee’s final pay. (D) The Board agrees to continue paying for health insurance, as outlined in Article 37; and dental insurance, as outlined in Article 38 herein, while an employee is receiving benefits under the income protection plan. (E) The District will, at various times and through various media, keep employees informed regarding income protection coverage, procedures and issues.

Income Protection Plan. (A) The Board agrees to provide benefits in the amount of 60% of the employee’s regular salary for a period of two (2) years in the event of sickness, and five (5) years in the event of accident, beginning on the 61stday 61st day of disability, not to exceed $5,000 maximum per month. (B) Any benefits received under Section (A) above shall be integrated with sick leave, workers’ worker’s compensation, social security benefits, benefits and disability benefits paid benefitspaid from the Public School EmployeesEmployes’ Retirement System; which benefits shall offset the income provided under this section of the contract. Employees shall be required to use all available sick leave before becoming eligible for income protection benefitsprotectionbenefits. (C) The Board shall provide the necessary sick leave to cover those days wherein an employee’s sick leave has expired and the beginning date that the income protection plan would become effective. In those situations wherein an employee becomes disabled [(for a period exceeding ten (10) consecutive working days] ) and does not have sufficient sick leave days accumulated to cover the absence, the Board will advance sick leave days until the disability income insurance benefits become payable (maternity leave is excluded from this benefit). The advanced sick leave days shall be paid back to the School District as the employee again earns sick leave days. If an employee leaves the employment of the School District and has not repaid all the allthe advanced sick leave days then the amounts still due will be deducted from the employee’s final pay. (D) The Board agrees to continue paying for health insuranceHealth Insurance, as outlined in Article 3736; and dental insuranceDental Insurance, as outlined in Article 38 37 herein, while an employee is receiving benefits under the income protection plan. (E) The District will, at various times and through various media, keep employees informed regarding income protection coverage, procedures and issues.

Income Protection Plan. (A) The Board agrees to provide benefits in the amount of 60% of the employee’s regular salary for a period of two (2) years in the event of sickness, and five (5) years in the event of accident, beginning on the 61stday 61st day of disability, not to exceed $5,000 maximum per month. (B) Any benefits received under Section (A) above shall be integrated with sick leave, workers’ worker’s compensation, social security benefits, and disability benefits paid from the Public School Employees’ Retirement System; which benefits shall offset the income provided under this section of the contract. Employees shall be required to use all available sick leave before becoming eligible for income protection benefits. (C) The Board shall provide the necessary sick leave to cover those days wherein an employee’s sick leave has expired and the beginning date that the income protection plan would become effective. In those situations wherein an employee becomes disabled [(for a period exceeding ten (10) consecutive working days] ) and does not have sufficient sick leave days accumulated to cover the absence, the Board will advance sick leave days until the disability income insurance benefits become payable (maternity leave is excluded from this benefit). The advanced sick leave days shall be paid back to the District as the employee again earns sick leave days. If an employee leaves the employment of the District and has not repaid all the advanced sick leave days then the amounts still due will be deducted from the employee’s final pay. (D) The Board agrees to continue paying for health insurance, as outlined in Article 37367; and dental insurance, as outlined in Article 38 378 herein, while an employee is receiving benefits under the income protection plan. (E) The District will, at various times and through various media, keep employees informed regarding income protection coverage, procedures and issues.