INCOME REPLACEMENT. 39.01 SHORT TERM DISABILITY
INCOME REPLACEMENT. (a) For non-occupational injury, illness or pregnancy, employees who return to modified hours of work shall be paid the portion of shift worked and, if eligible, shall receive income replacement with sick credits.
(b) For occupational injury or illness, employees who return to modified hours of work shall receive his/her normal net salary which may include lost time.
INCOME REPLACEMENT. Permanent employees to be laid off who request and receive a lump sum payment from their Income Replacement Entitlement as provided for in this Agreement shall be deemed to have negated any and all rights of rehire to their former job.
INCOME REPLACEMENT. 41.01 (a) Short Term Disability Weekly Indemnity to be based on 75% of an amount to the employees' basic weekly earnings taken to the next higher dollar of benefit, if not already a multiple thereof. Earnings to be payable from the first day for accident and from the fourth (4th) day for sickness disabilities. Maximum payment period per disability is twenty-six (26) weeks.
INCOME REPLACEMENT. The employer agrees to make available an income replacement plan on behalf of all participating full-time and part-time seniority employees for the purpose of contributing to an insurance plan which will provide supplemental income replacement in the event of any injury incurred on the job. It is further agreed that:
INCOME REPLACEMENT. (a) Long Term Disability (Company pays for this benefit) 66 2/3% of base wages up to a maximum of $2,500 per month for the life of the Agreement. Commences after expiration of Weekly Indemnity and Employment Insurance Details of benefits outlined in benefits booklet
(b) Weekly Indemnity (employee pays for this benefit) $33.50 including tax per month (capped) From first day of accident or confinement due to outpatient surgery and 8th day of illness up to 15 weeks.
INCOME REPLACEMENT. The absence of the sole income earner will suddenly place the dependents under extreme financial duress. Life Insurance provides the cash resources to the dependents to take care of the day to day living expenses & also ensure that the children get the best education possible in the absence of the bread winner.
INCOME REPLACEMENT. You will be eligible to receive an Executive Special Benefit Arrangement Income Replacement (ESBA:IR) of $1,200,000/A payable upon retirement for 15 years.
INCOME REPLACEMENT. (a) Weekly Indemnity (employee pays for this benefit) • $33.50 including tax per month (capped) • From first day of accident or confinement due to outpatient surgery and 8th day of illness up to 15 weeks. • 66 2/3% of wages up to El maximum • The benefits payable under the Weekly Indemnity plan are in lieu of any sick benefits available under Employment Insurance. • Any premium credit (including Employee portion) when allowed by the Employment Insurance Commission will be retained by the Company • Details of benefits outlined in benefits booklet
INCOME REPLACEMENT a. The Employer agrees to make available an income replacement plan on behalf of all participating full time and part time seniority employees for the purpose of contributing to an insurance plan which will provide supplemental income replacement in the event of any injury incurred on the job. It is further agreed:
1. The plan is intended as a supplement to the stipend provided by the Xxxxx xxx Xxxxxx xxx Xxxxxx.
0. The employee must be certified as disabled as a result of an injury on the job following the provisions of the Puerto Rico Law. On the workday the employee provides such certification, the Company will notify the Insurance Carrier to immediately initiate the process for payment of the weekly insurance stipend, without regard as up to weather or not a Fondo payment has been made.
3. The employee must report the on-job injury to the Employer before the end of the shift at the time of said injury. Such employ- ee will be assisted by a designated Company representative.
4. Prior to a return to his regular job, the employee must be certi- fied as able to return to work following the Puerto Rico Law.
5. The employee must use their accumulated sick days and xxxx- tion days, in that order, before receiving the benefit.
b. The benefits will be administered as follows:
1. Participants must be full time or part time seniority employees.
2. Participation of employees qualified for the income replacement benefit is limited to one occurrence per injury per agreement year during the term of the Collective Bargaining Agreement.
3. Benefits are shown below for full time: Period of Disability Weekly Insurance Stipend Weekly Fondo’s Stipend Total Maximum Days 1-180 $235.00 $65.00 $300.00 Days 181 + Benefit Ends Benefit Continues $65.00
4. Benefits are shown below for part time employees: Period of Disability Weekly Insurance Stipend Weekly Fondo’s Stipend Total Maximum Days 1-180 $45.00 $65.00 $110.00 Days 181 + Benefit Ends Benefit Continues $65.00
c. It is understood by the Union and the Company that any change through legislation affecting the stipend paid by Fondo del Seguro del Estado to the injured employee will cause adjustment to the cur- rent levels of the insurance carrier’s contribution to the total benefit in order to maintain the agreed upon maximum levels of stipend set forth in this Agreement.
