Long Term Disability Benefit. In the event an employee, while covered under this plan, becomes totally disabled as a result of an accident or a sickness, then, after the employee has been totally disabled for six (6) months, including periods approved in Section 1.3(a) and (c), he shall be eligible to receive a monthly benefit as follows:
(a) While the employee has a sick bank balance to be used on a day-for-day basis, full monthly earnings will continue until the sick bank is exhausted, and Section 2.6 will not apply.
(b) When an employee has no sick bank, or after it is exhausted, the employee shall receive a monthly benefit equal to the sum of:
(1) Effective upon ratification sixty-eight and three-tenths (68.3) percent of the first twenty-two hundred (2200) dollars of monthly earnings and
(2) Fifty (50) percent of the monthly earnings above twenty-two hundred (2200) dollars. For the purposes of the above, earnings shall mean basic monthly earnings as at the date of disability as determined by the Employer. The basic monthly earnings as at the date of disability shall be the salary in effect for the last month of the Short Term Plan period, or equivalent six (6) month period, taking into consideration any retroactive adjustments. The date of disability for determining the commencement of the first two years of disability shall be the day following the last month of the Short Term Plan period, or an equivalent six (6) month period.
(c) The Long Term Disability benefit payment will be made so long as an employee remains totally disabled in accordance with Section 2.3, and will cease on the date the employee recovers, or at the end of the month in which the employee reaches age 65, or dies or otherwise loses his employment status, whichever occurs first.
(d) An employee in receipt of Long Term Disability Benefits will be considered an employee and will continue to be covered by group life (at the amount in effect when the disability commenced), extended health, dental and medical plans. Employees will not be covered by any other portion of the Collective Agreement, but will retain the right of access to the Joint Committee pursuant to Article 7 and will retain seniority rights should they return to employment within six (6) months following cessation of benefits.
(e) When an employee is in receipt of the benefit described in (b) above, contributions required for benefit plans in (d) above and contributions to the Pension Plan will be waived by the Employer.
(f) An employee engaged in re...
Long Term Disability Benefit. The Long Term Disability insurance provides income security should you become totally disabled prior to age 65 due to a sickness or injury which totally disables you over a long period of time. The Plan provides you with coverage on and off the job.
Long Term Disability Benefit. In the event an employee, while covered under this plan, becomes totally disabled as a result of an accident or a sickness, then, after the employee has been totally disabled for six (6) months, including periods approved in Section 1.3(a) and (c), they shall be eligible to receive a monthly benefit as follows:
(a) While the employee has a sick bank balance to be used on a day-for-day basis, full monthly earnings as at the date of disability will continue until the sick bank is exhausted, and Section 2.6 will not apply.
(b) When an employee has no sick bank, or after it is exhausted, the employee shall receive a monthly benefit equal to the sum of:
(1) sixty-six and two-thirds percent (66⅔%) of the first twenty-five hundred dollars ($2,500) of monthly earnings; and
(2) fifty percent (50%) of the monthly earnings above twenty-five hundred dollars ($2,500). For the purposes of the above, earnings shall mean basic monthly earnings as at the date of disability as determined by the Employer. The basic monthly earnings as at the date of disability shall be the salary in effect for the last month of the Short-Term Plan period, or equivalent six (6) month period, taking into consideration any retroactive adjustments. The date of disability for determining the commencement of the first two (2) years of disability shall be the day following the last month of the Short-Term Plan period, or an equivalent six (6) month period.
(c) The long-term disability benefit payment will be made so long as an employee remains totally disabled, in accordance with Section 2.3, and will cease on the date the employee recovers, or at the end of the month in which the employee reaches age sixty-five (65), or resigns, or dies, whichever occurs first.
(d) An employee in receipt of long-term disability benefits will continue to be covered by superannuation, group life, extended health, dental and medical plans. Such employees will also be covered by Clauses 11.5, 11.6 and 22(b) and will, during the two (2) year period of disability re: own occupation, be eligible for Clauses 30.13 and 30.
Long Term Disability Benefit. In the event an employee, while covered under this plan, becomes totally disabled as a result of an accident or a sickness, then, after the employee has been totally disabled for six months, including periods approved in Section 1.3(a) and (c), he shall be eligible to receive a monthly benefit as follows:
(a) While the employee has a sick bank balance to be used on a day-for-day basis, full monthly earnings will continue until the sick bank is exhausted, and Section 2.6 will not apply.
(b) When an employee has no sick bank, or after it is exhausted, the employee shall receive a monthly benefit equal to the sum of:
(1) Effective upon ratification sixty-eight and three-tenths percent (68.3%) of the first twenty-two hundred dollars ($2200) of monthly earnings and Fifty percent (50%) of the monthly earnings above twenty-two hundred dollars ($2200). For the purposes of the above, earnings shall mean basic monthly earnings as at the date of disability as determined by the Employer. The basic monthly earnings as at the date of disability shall be the salary in effect for the last month of the Short Term Plan period, or equivalent six month period, taking into consideration any retroactive adjustments. The date of disability for determining the commencement of the first two years of disability shall be the day following the last month of the Short Term Plan period, or an equivalent six month period.
(c) The Long Term Disability benefit payment will be made so long as an employee remains totally disabled in accordance with Section 2.3, and will cease on the date the employee recovers, or at the end of the month in which the employee reaches age 65, or dies or otherwise loses his employment status, whichever occurs first.
(d) An employee in receipt of Long Term Disability Benefits will be considered an employee and will continue to be covered by group life (at the amount in effect when the disability commenced), extended health, dental and medical plans. Employees will not be covered by any other portion of the Collective Agreement, but will retain the right of access to the Joint Committee pursuant to Article 7 and will retain seniority rights should they return to employment within six months following cessation of benefits.
(e) When an employee is in receipt of the benefit described in (b) above, contributions required for benefit plans in (d) above and contributions to the Pension Plan will be waived by the Employer.
(f) An employee engaged in rehabilitative emp...
Long Term Disability Benefit. The Commission agrees to provide all employees on Long Term Disability, benefits in accordance with the Letter of Understanding dated September 23, 1987. Effective January 1, 2011 the LTD benefit monthly cap increases from $2,500 to $2,550 for claimants who complete the qualifying period on or after January 1, 2011. In addition, the disability benefit to recipients whose Long Term Disability Benefits are based on wage rates in effect prior to December 31, 2010, shall be increased by $50.00 per month, not to exceed the plan maximum of $2,550 per month.
Long Term Disability Benefit. A-11.01 The Long Term Disability Plan will pay 66.7% of monthly earnings to a maximum of two ($2000.00) thousand dollars per month. There is a one hundred and nineteen (119) day qualifying period. The LTD benefit is payable to age 65 or retirement, whichever is earlier. A-11.02 The long term disability benefit is non-taxable as the employee pays the entire premium cost for the benefit.
Long Term Disability Benefit. Long Term Disability (LTD) benefits become payable only after you have received weekly indemnity benefits for the maximum period, or when you have received Worker’s Compensation payments for a continuous period of twenty-six (26) weeks.
(a) your weekly earnings rate is 40 x $30.50 = $1,220.00
(b) your weekly LTD benefit in the 78th week is 66% of $1,220.00 = $4,813.25 (c) thereafter your monthly LTD benefit is 4% x $813.25 = $3,521.37 Your LTD benefit payments will be reduced by any disability payments you are eligible to receive from Worker’s Compensation, the Canada Pension Plan, or other government source. In order to qualify for LTD benefits you must be under the continuing care of a licensed physician, and during the first seventy-eight (78) weeks of LTD benefits, be unable to perform a regular job available in the bargaining unit; thereafter you must be unable to engage in any gainful occupation for any employer for which you are reasonably qualified by training, education or experience. If you are again disabled due to the same or related cause, your absence will be treated as a continuation of disability under the LTD benefit unless you have been back at work for at least six (6) months. Payment of benefits will require submission of such appropriate medical evidence as may be requested by the insurer from time to time. You will be entitled to benefits during the continuation of disability as defined above except that in no event will benefits be paid beyond your normal retirement date. If you should elect to retire early, LTD benefits will cease as of your date of early retirement. No benefits will be payable for absences due to disabilities caused by self-inflicted injuries while sane or insane, insurrection, war, service in the armed forces of any country, or participation in a riot, or during disabilities resulting from working for another employer. If you engage in rehabilitative employment, your LTD benefit will continue for up to twenty-four (24) months but will be reduced by 75% of what you earn from rehabilitative employment. For example, if you are receiving a monthly LTD benefit of Monthly LTD benefit $3,521.37 Subtract 75% of $1,500 1,125.00 LTD benefit during rehabilitation $2,396.37 Earnings from rehabilitative employment 1,500.00 Monthly income during rehabilitation $3,896.37 While you are in receipt of LTD benefits you will continue to be covered for all other group insurance benefits. Please refer to the Labatt Retirement Plan sect...
Long Term Disability Benefit. 6.1 The provisions of this Article 6, “Long Term Disability Benefit”, apply to the Northwest and Gardnerville bargaining units only. Applicable Long Term Disability provisions for the Blythe/Xxxxxx bargaining unit are contained in Article 20, “Disability Benefits”, of the Blythe/Xxxxxx appendix to the MIFA # 3 Agreement.
6.2 The Company will offer a Company-paid Long Term Disability (LTD) benefit to all regular full-time employees in the Northwest and Gardnerville bargaining units with one (1) or more year(s)
Long Term Disability Benefit. In the event a team member, while covered under this plan, becomes totally disabled as a result of an accident or a sickness, then, after the team member has been totally disabled for seven months, including periods approved in Section 1.3(a) and (c), they shall be eligible to receive a monthly benefit as follows:
(a) While the team member has a sick bank balance to be used on a day-for-day basis, full monthly earnings will continue until the sick bank is exhausted, and Section 2.6 will not apply.
(b) When a team member has no sick bank, or after it is exhausted, the team member shall receive a monthly benefit equal to the sum of:
(1) Effective upon ratification 68.3% of the first $2,200 of monthly earnings; and
(2) 50% of the monthly earnings above $2,200. For the purposes of the above, earnings shall mean basic monthly earnings as at the date of disability as determined by the Company. The basic monthly earnings as at the date of disability shall be the salary in effect for the last month of the short-term plan period, or equivalent seven month period, taking into consideration any retroactive adjustments. The date of disability for determining the commencement of the first two years of disability shall be the day following the last month of the short-term plan period, or an equivalent seven month period.
(c) The long-term disability benefit payment will be made so long as a team member remains totally disabled in accordance with Section 2.3, and will cease on the date the team member recovers, or at the end of the month in which the team member reaches age 65, or resigns or dies, whichever occurs first.
(d) A team member in receipt of long-term disability benefits will be considered a team member for purposes of superannuation and will continue to be covered by group life, extended health, dental and medical plans for a period of up to two years from the date the plan went into effect. (See MOU #7 for benefits beyond two years.) Team members will not be covered by any other portion of a collective agreement except for Clause 7.4(e) but will retain the right of access to the Joint Committee established there under and will retain seniority rights should they return to employment.
(e) When a team member is in receipt of the benefit described in (b) above, contributions required for benefit plans in (d) above and contributions for Superannuation will be waived by the Company.
(f) A team member engaged in rehabilitative employment with the Company and who i...
Long Term Disability Benefit. Available to employees who suffer non-occupational injuries. Payments commence upon the expiration of Weekly Indemnity payments and continue until recovery, age sixty five (65) or death, whichever comes first. Benefits shall be the difference between the payment of one thousand five hundred dollars ($1,500.00) per month and the total of all payments made by the Government (calculated monthly) to such disabled employees. Employees shall be responsible for paying for the premiums associated with this Plan. The Company shall deduct the premiums from the employee’s pay each month and remit them to the insurance carrier. The Company will pay to the employee each month, an amount equal to the amount of the premium payable by the employee to this Plan.
