Common use of Level of Benefit Clause in Contracts

Level of Benefit. (a) For employees who qualify for commencement of Long Term Disability Benefits – fifty percent (50%) of regular weekly earnings calculated at forty (40) times the disabled employee's hourly straight time job rate at date of onset of disability plus - any negotiated increases to that hourly straight time rate which would take place during the Elimination Period. (b) Effective July 1, 1997 an employee who is under sixty (60) years of age will have his/her future disability benefit recalculated by applying the contractual wage increases that were applied in each year, during the period of their disability, to their long term disability benefit. (c) The recalculated weekly benefit when combined with all other disability income which the disabled employee is receiving will not exceed eighty percent (80%) of forty (40) hours multiplied by the regular rate in effect at the time of recalculation.

Level of Benefit. (a) a. For employees who qualify for commencement of Long Long-Term Disability Benefits – fifty percent (50%) of regular weekly earnings calculated at forty (40) times the disabled employee's hourly straight time job rate at date of onset of disability plus - any -any negotiated increases to that hourly straight time rate which would take place during the Elimination Period. (b) b. Effective July 1, 1997 an employee who is under sixty (60) years of age will have his/her their future disability benefit recalculated by applying the contractual wage increases that were applied in each year, during the period of their disability, to their long long-term disability benefit. (c) c. The recalculated weekly benefit when combined with all other disability income which the disabled employee is receiving will not exceed eighty percent (80%) of forty (40) hours multiplied by the regular rate in effect at the time of recalculation.