Long-Term Disability and Term Life. The Board will pay all but $1.00 of the cost of a Long-Term Disability program and all but $1.00 toward the cost of a $40,000.00 Term Life policy until the teacher reaches age 65. At that time, the subject benefit amount will be reduced in accordance with the reduction schedule set forth in the current Long-Term Disability program and Term Life policy.
Appears in 5 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
