LONG TERM DISABILITY BENEFIT PLAN. The Company shall pay the monthly premium cost of the Long Term Disability Benefit Plan. The Long Term Disability Benefit Plan shall be administered in accordance with the terms of an insurance policy.
LONG TERM DISABILITY BENEFIT PLAN. For new claimants after the date of ratification, change Plan to provide 70% of pre-disability regular monthly earnings (maximum $6,000 per month) from week 16 to age 65, subject to Policy provisions. The benefit will be reduced by the amount of CPP or any other pension received and will have an all source income limitation of 80%. Effective July 1/01
LONG TERM DISABILITY BENEFIT PLAN. The Company will maintain and pay the full cost of a Long Term Disability Benefit Plan providing for benefits of 50% of weekly earnings, payable to age 65 or termination of the disability, whichever occurs first. Effective July 1, 1991, for all employees actively employed, the Plan will provide for benefits of 55% of weekly earnings, payable to age 65 or termination of the disability, whichever occurs first.
LONG TERM DISABILITY BENEFIT PLAN. The Company will maintain and pay 75% of the Long Term Disability Benefit Plan and the Employee will pay 25% providing for benefits of 55% of weekly earnings, payable to age sixty-five (65) or termination of the disability, whichever occurs first. During the elimination period and the following six (6) months (this period known as own occupation period) you will be considered totally disabled while you are continuously unable due to any mental infirmity, bodily illness or disorder or bodily injury to do the essential duties of your own occupation and afterwards you will be considered totally disabled if you are unable due to any mental infirmity, bodily illness or injury to perform the duties of any occupation for which you are or may become qualified for by education, training or experience, verified to the satisfaction of the Company or insurer.
LONG TERM DISABILITY BENEFIT PLAN. What is the Purpose of the Plan?
LONG TERM DISABILITY BENEFIT PLAN. The Company will maintain and pay 75% of the Long Term Disability Benefit Plan and the Employee will pay 25% providing for benefits of 55% of weekly earnings, payable to age sixty-five (65) or termination of the disability, wh ichever occurs first. Benefits-General - The Company will provide the opportunity for employees on LTD and W .S.I.B. claims over one (1) year, employees who retire early, up to age sixty- five (65) and employees on temporary lay-off up to six (6) months (the six months starts the month following the month of lay-off), the option of maintaining Medical and Dental Plan Coverage provided employees pay the required monthly premiums.
LONG TERM DISABILITY BENEFIT PLAN. The Company shall pay the monthly premium cost of the Long Term Disability Benefit Plan. The Long Term Disability Benefit Plan shall be administered accordance with the terms of an insured policy. costs of medical reports requested by the Company or the insurancecarrierwill be covered by the Company. Eligibility The Long Term Disability Benefit Plan shall be compulsory for all employees who have accumulated working days seniority with the Company. Effective date of coverage On the original effective date, an eligible employee was entitled to coverage provided he was actively at work on the first day the Long Term Disability Benefit Plan became effective. An eligible employee absent from work due to sickness or accident at the effective date of the Plan, shall only be eligible for Long Term Disability Plan benefits upon the return to continuous active full-time employment for a period of more than four consecutive weeks. The company shall have the right to require medical examinations of employees returning from such absence to determine their eligibility under the plan. Qualifying Period An insured employee shall be eligible to receive an amount of Long Term Disability Benefit fifty- two (52) weeks of benefits entitlement for the same disability under the Weekly Indemnity Plan. Benefit payment shall not commence during a strike until the termination of the strike. Definition of Disability
LONG TERM DISABILITY BENEFIT PLAN. For new claim- ants after the date of ratification, change Plan to provide 70% of pre-disability regular monthly earnings (maximum $6,000 per month) from week 16 to age 65, subject to Policy provisions. The benefit will be reduced by the amount of CPP or any other pension received and will have an all source income limitation of 80%.
LONG TERM DISABILITY BENEFIT PLAN. The Company will maintain and pay the full cost of a Long Term Disability Benefit Plan providing for benefits of of weekly earnings, payable to age or termination of the disability, whichever occurs f i ARTICLE BEREAVEMENT PAY When death occurs to an employee’s spouse or children, the employee will be granted leave to attend the funeral and shall be paid for eight (8) hours at his regular straight time rate (pieceworkers eight (8) times the Xxxxxx- Xxxxxx Tree Length Skidding hourly rate) for time lost up to a maximum of five (5) days. The day of the funeral must be one of the five (5) days. When death occurs to an employee’s father, mother, mother- in- law, father - i brother, si s brother i s i i son- in- law, daughter- in- law and grandparents, the employee will be granted leave to attend the funeral and shall be paid for eight (8) hours at his regular straight time rate (pieceworkers eight (8) times the Tree Length Skidding hourly rate) for time lost up to a maximum of three (3) days. The day of the funeral must be one of the three (3) days. The intent of this clause is to allow the employee to attend the funeral without loss o f , earnings. Pay will be granted for the employee’s scheduled work days lost during this period. Any claim for bereavement pay must be submitted by the employee to the Company in writing, along with proof of bereavement in the employee’s immediate family. It is understood for purposes of this Article, step relatives will be considered the same as blood relatives. If an employee’s family member dies while the employee is on vacation, his vacation shall be extended by the number of days of bereavement leave for which he would have qualified.
LONG TERM DISABILITY BENEFIT PLAN. For the duration of the Agreement on Long Term Disability Benefit Plan effective April 23, 2001, although not forming part thereof, it is the Company's Practice that no disability benefits under this Plan will be paid for disabilities resulting from an employee engaging in a criminal act or while the employee is confined to a penal institution.
